George Russell Net Worth 2023: How Does the Mercedes Star Make His $16 Million?

George Russell made his debut in Formula 1 in 2019 with the Williams F1 team. The Briton has been tipped to become a future world champion for a long time.

He is undoubtedly one of the most talented young drivers on the F1 grid and his talents make him a valuable prospect in the market.

Currently, the Mercedes star has a net worth of $16 Million. But that will certainly increase in the years to come.

Net Worth	$16 Million
Salary	$8 Million
Girlfriend	Carmen Montero Mundt
Date of Birth	15 February 1998
Team	Mercedes
Endorsements	Mercedes, AMG, BRDC, Bell Helmets, Alpinestars

What are George Russell’s Net Worth and Endorsements?

So far in his career, Russell has amassed a net worth of $16 Million. Most of his net worth is made out of his racing earnings and lucrative deals with Mercedes.

Russell’s earnings through sponsors also contributed to his net worth. On top of that, the Briton has a huge collection of cars, watches, and yachts. While he comes from a modest middle-sized family, his family has many ancestral lands which also contributes to his net worth. The Briton is endorsed by Mercedes, AMG, BRDC, Bell Helmets, Alpinestars, and many more.

What is George Russell’s salary?

George Russell signed a two-year contract with the Mercedes F1 team in the 2021 season. The Briton replaced Lewis Hamilton’s long-term teammate Valtteri Bottas who moved to Alfa Romeo.

It was reported that Russell signed a deal with a salary of $8 Million with the Mercedes F1 team. Both Russell and Hamilton are set to run out of their contract at the end of the 2023 season.

Furthermore, his contract also includes an additional $3 Million bonus if he wins the championship. However, with the current state of W14, the fight for the title seems far for Briton.

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George Russell’s car collection

Being a Formula 1 driver, George Russell is an enormous car enthusiast and owns an impressive collection of vehicles in his garage.

Russell owns 5 impressive cars which make his garage worth $3.7 Million. The 25-year-old owns a McLaren GT worth $800,000, and a Mercedes-Benz AMG GT priced at $1 Million.

Apart from this, the Briton owns a Ferrari 812 Red worth $950,000, Bentley Bentayga worth $815,000, and a BMW X6 worth $180,000.

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George Russell’s watch collection

Since Formula 1 is all about going fast and racing around the track and being the quickest driver, it is not a surprise that Russell loves a pretty collection as well.

Mercedes’ deal with IWC Schaffhausen is quite popular. The Swiss luxury brand collaborates with both Mercedes drivers and team boss, Toto Wolff, to produce iconic watches.

Russell has an extensive collection of watches which includes a Blancpain worth $300,000, a Breguet $ Flis worth $365,000, a Patek Philippe worth $250,000, Hublot worth $600,000, and an F.P. Journe worth $120,000.

George Russell’s background with the Mercedes F1 team

The 25-year-old achieved his first podium with the Williams at the 2021 Belgian Grand Prix. Russell was part of Mercedes’ young drivers’ program and in the 2022 season, he moved to the Silver Arrows taking a seat next to Lewis Hamilton.

Despite a disappointing season that Mercedes suffered in 2022, Russell was able to prove that he is the right driver for the team by winning his maiden race in Brazil and outscoring Hamilton in the championship standings.

In 2020 as well, Russell was given a chance to drive Lewis Hamilton’s car at the 2020 Sakhir GP. He had delivered a wonderful performance at the race and had almost won the race.

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