Driver George Russel's Net Income $16 Million: He Has A Collection Of Luxury Cars, Expensive Watches, And Cruises

George Russell (Instagram @georgerussell63)

JAKARTA - British Formula 1 driver George Russell is one of the biggest names in motorsport. The rising starlet is quickly becoming a treasured figure and his value is sure to increase in the years to come.

Russell (24) finished 15th last season but is currently fourth in the drivers' standings, representing Mercedes. The Briton is a newcomer to Mercedes for the 2022 season having raced for Williams from 2019 to 2021.

Now racing as Lewis Hamilton's teammate, many see Russell as the team's future. He took his first podium with Williams in 2021 in Belgium, and many more will follow this season.

What is George Russell's salary?

According to Marca, the Mercedes driver Russell has a reported annual salary of $5 million. In addition, Russell can get a bonus of $3 million US dollars if he wins the championship.

In addition to his Mercedes contract, he also receives money from endorsement deals, including with the likes of AMG, BRDC, Bell Helmets, Alpinestars, and Puma.

George Russell's net worth is around $16 million. This is in large part due to his racing revenues and lucrative deals with Mercedes.

The driver's sponsorship also contributes to his value and he has a valuable personal collection of cars, watches, and yachts. In addition, his family has considerable property assets.

As one of Formula 1's rising stars, Russell's financial trajectory is upward. Last year, his net worth was conservatively valued at one million US dollars. Next year, it will likely be much more than 16 million US dollars.

As his income grows and sponsors roll in as his profile rises, Russell's net worth will continue to grow.