George Russell is one of the brightest young stars in Formula One today. The British driver has shown talent, grit, and consistency ever since his entry into the sport. But fans often wonder—how much is George Russell really worth in 2025?
Let’s explore everything from his salary and sponsorship deals to his background, net worth, and the life he’s built so far.
George Russell’s Net Worth in 2025
As of 2025, George Russell’s net worth is estimated to be around $16 million. This includes his Formula One salary, sponsorships, bonuses, and other income sources. While not the highest in F1 yet, it’s a significant jump from his early years and shows the strong career path he’s on.
Russell’s financial journey changed the moment he joined Mercedes-AMG Petronas Formula One Team in 2022. Before that, he was with Williams Racing, earning just about $265,000 a year. Now, as a Mercedes works driver, his income and global profile have skyrocketed.
How Much Does George Russell Earn?
George Russell currently earns a base salary of $15 million per year with Mercedes. This figure places him among the better-paid drivers in the grid, especially considering his age and relatively recent entry into a top-tier team.
But that’s just the base.
With performance bonuses, podium finishes, and F1 prize money sharing, his total annual income can go even higher—especially if Mercedes continues to compete at the top.
His contract with Mercedes runs until the end of 2025, and although there’s no official extension announced yet, it’s expected that talks may begin if he continues to deliver strong results.
Endorsements and Sponsorships
Like most F1 drivers, George also earns money from endorsements. Here are his major sponsors:
- Mercedes-Benz – Primary team sponsor and car supplier
- AMG – Mercedes’ performance division, known for high-end cars
- Bell Helmets – Trusted supplier of racing helmets
- Alpinestars – Leading brand for race suits and protective gear
- BRDC (British Racing Drivers’ Club) – Prestigious club for elite drivers
These sponsorships not only bring in additional income but also help strengthen Russell’s personal brand in the motorsport and luxury lifestyle world.
Early Life and Family Support
George William Russell was born on February 15, 1998, in King’s Lynn, Norfolk, England. As of 2025, he is 27 years old.
George is the youngest of three children. His parents, Steve and Alison Russell, played a huge role in his rise. Steve runs a small business dealing with beans and peas. In the early years of George’s karting career, the family spent much of their savings to support his racing journey.
It wasn’t always easy. Motorsport is expensive, and sponsorships are hard to come by at a young age. But things took a turn when Mercedes noticed his talent and signed him to their junior program in 2017. That changed everything.
The Road to Formula One
Before joining F1, George Russell was already proving himself. He won the GP3 championship in 2017, followed by the Formula 2 championship in 2018—both on his first try. This back-to-back success helped cement his place as a future F1 star.
He made his Formula One debut in 2019 with Williams Racing, a team that had been struggling at the time. Despite not scoring points in most races, Russell’s talent was evident. He consistently outperformed his teammates and even shone during wet qualifying sessions.
In 2020, he had a brief one-off appearance for Mercedes at the Sakhir Grand Prix, replacing Lewis Hamilton. That race was a turning point. He nearly won it, proving that he could handle the pressure and pace of a top car.
Mercedes Contract and Impact
By 2022, George Russell officially joined Mercedes-AMG Petronas F1 Team as a full-time driver, replacing Valtteri Bottas. Teaming up with Lewis Hamilton, Russell showed he belonged in the top league. In just his first year with Mercedes, he secured his first Formula One win and outperformed many expectations.
This new contract didn’t just improve his racing prospects—it also dramatically boosted his earnings and influence in the sport.
Lifestyle and Personal Choices
Despite being a millionaire and driving for one of the most elite teams, George keeps his lifestyle grounded. He’s often seen spending time with family, training, or driving through the British countryside in his Mercedes-AMG G 63—a luxurious off-road SUV with a rugged charm.
He’s not as flashy as some other F1 drivers, but his focus and discipline speak volumes. George is also known for his clean image, professionalism, and a growing fan base across social media platforms.