{"id":26828,"date":"2024-04-24T12:30:24","date_gmt":"2024-04-24T12:30:24","guid":{"rendered":"https:\/\/footyvar.com\/?p=26828"},"modified":"2024-04-24T12:30:30","modified_gmt":"2024-04-24T12:30:30","slug":"george-russell","status":"publish","type":"post","link":"https:\/\/footyvar.com\/net-worth\/george-russell\/","title":{"rendered":"George Russell Net Worth 2024: Earnings, Salary, Early Life & Career"},"content":{"rendered":"\n

George Russell, born on February 15, 1998, in King’s Lynn, England, is a highly regarded Formula 1 driver. He began karting at a young age, quickly ascending through the motorsport ranks. Russell’s notable achievements include winning the 2017 GP3 Series and the 2018 FIA Formula 2 Championship, showcasing his exceptional talent and determination.<\/p>\n\n\n\n

His Formula 1 debut came in 2019 with Williams Racing, where he demonstrated remarkable skill, despite the car’s limitations. In 2022, Russell joined the Mercedes-AMG Petronas <\/strong>Formula One Team, partnering with Lewis Hamilton<\/strong>. Known for his meticulous approach and racing intelligence, Russell has consistently impressed with his performances, earning podiums and challenging the front-runners, marking him as a potential future world champion.<\/p>\n\n\n\n

George Russell’s Early Life<\/h2>\n\n\n
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Russell was born in King’s Lynn, Norfolk, to parents Steve and Alison, and was the youngest of three children, with a sister named Cara and an older brother named Benjy.<\/p>\n\n\n\n

From the age of 7, Russell began karting, influenced by his time spent at karting tracks and his brother Benjy, who also participated in competitive karting. Russell chose the number 63 as his permanent racing number in Formula One as a tribute to his brother.<\/p>\n\n\n\n

Russell spent his childhood in Wisbech, Cambridgeshire, and attended Wisbech Grammar School. At 18, he moved to Milton Keynes to be nearer to his racing teams. As of 2022, he resides in Monaco. Russell, like his father, supports the Wolverhampton Wanderers Football Club.<\/p>\n\n\n\n

George Russell Biography<\/h2>\n\n\n\n
Name<\/td>George Russell<\/td><\/tr>
Net Worth<\/td>$16 million<\/td><\/tr>
Residence<\/td>London<\/td><\/tr>
Position<\/td>Formula 1 Racing Driver<\/td><\/tr>
Marital Status<\/td>Unmarried<\/td><\/tr>
Source of Wealth<\/td>Salary, Endorsements<\/td><\/tr>
Salary<\/td>$10 million<\/td><\/tr>
Endorsements<\/td>IWC Watches, Tommy Hilfiger, The Self Space<\/td><\/tr>
Endorsement Earnings<\/td>$1 million<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Also Read:\u00a0<\/strong>What is DRS in Formula 1!<\/strong><\/a><\/p>\n\n\n\n

George Russell’s Net Worth & Salary<\/h2>\n\n\n\n

George Russell, a rising star in Formula 1 with a burgeoning career of just five years, has an estimated net worth of around $16 million<\/strong>. His financial portfolio is bolstered by endorsements associated with the Mercedes Formula 1 team and revenue from merchandise sales, marking him as a talent to watch in the racing world.<\/p>\n\n\n\n

Russell’s annual income is reported at $10 million<\/strong>, comprising a $3 million base salary supplemented by a substantial $7 million bonus. This bonus reflects his remarkable achievements, including finishing 4th in the driver\u2019s standings in 2021 and securing his first-ever race win.<\/p>\n\n\n\n

This places him as the 10th highest-paid driver on the F1 grid, showcasing a significant leap from his earlier salary of about $1 million during his tenure with Williams, highlighting his rapid ascent in both performance and financial stature within the sport.<\/p>\n\n\n\n

Russell’s Career Highlights<\/h2>\n\n\n\n

George Russell’s racing career showcases his rapid ascent from karting champion to Formula 1 contender. Winning titles in karting and dominating in the BRDC Formula 4 Championship and GP3 Series set the stage for his success. In 2018, he claimed the FIA Formula 2 Championship, demonstrating his readiness for Formula 1.<\/p>\n\n\n\n

Russell debuted with Williams Racing in 2019 before joining Mercedes-AMG Petronas in 2022, where he secured his first F1 podium at the Belgian Grand Prix in 2021 and his maiden victory at the Brazilian Grand Prix in 2022. A standout moment was his near-win at the 2020 Sakhir Grand Prix, filling in for Lewis Hamilton. Russell’s career progression underscores his skill and potential in Formula 1.<\/p>\n\n\n

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Latest Acheivements<\/h3>\n\n\n\n

In 2023, George Russell has firmly established himself as a formidable contender within the Mercedes Formula 1 team, often challenging his illustrious teammate, Lewis Hamilton. Despite his relatively short career in F1, Russell’s journey has been marked by significant achievements and memorable moments. His unexpected opportunity to replace Hamilton, who tested positive for COVID-19, at the 2020 Sakhir Grand Prix saw Russell almost nailing a victory, demonstrating his potential by leading the race until a pitstop error and subsequent puncture relegated him to a ninth-place finish, albeit securing his first points in F1.<\/p>\n\n\n\n

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  • 2023<\/strong>: George Russell celebrates 100th race at the United States Grand Prix, competing alongside Lewis Hamilton at Mercedes.<\/li>\n\n\n\n
  • 2020 Sakhir Grand Prix<\/strong>: Filled in for Hamilton, led the race but finished ninth due to a pitstop error and puncture, scoring his first F1 points.<\/li>\n\n\n\n
  • 2021 Hungarian Grand Prix<\/strong>: Earned first points for Williams, finishing eighth, and displayed sportsmanship for teammate Latifi.<\/li>\n\n\n\n
  • 2021 Belgian Grand Prix<\/strong>: Secured front-row start and first podium after the race ended early, marking Williams’ first podium since 2017.<\/li>\n\n\n\n
  • 2022 Hungarian Grand Prix<\/strong>: Achieved first pole position and finished third, showing competitiveness at Mercedes.<\/li>\n\n\n\n
  • 2022 Brazilian Grand Prix<\/strong>: Won Sao Paulo Sprint and Grand Prix, marking his first F1 win and demonstrating his ability to lead.<\/li>\n<\/ul>\n\n\n\n

    His tenure with Williams also saw highlights, notably at the 2021 Hungarian Grand Prix, where Russell’s strategic sportsmanship aided in securing points for both himself and his teammate, showcasing not only his driving skills but also his team spirit. The 2021 Belgian Grand Prix further highlighted Russell’s capabilities, where he secured a front-row start in challenging wet conditions and achieved his first podium finish in the sport under unusual circumstances.<\/p>\n\n\n\n

    Continuing his upward trajectory, Russell secured his maiden pole position at the 2022 Hungarian Grand Prix, followed by a commanding performance at the 2022 Brazilian Grand Prix where he won both the Sprint race and the main Grand Prix, underscoring his status as a key player in Formula 1’s competitive landscape.<\/p>\n\n\n\n

    George Russell Endorsements<\/h2>\n\n\n\n
      \n
    • Tommy Hilfiger<\/li>\n\n\n\n
    • IWC Watches<\/li>\n\n\n\n
    • Self Space<\/li>\n\n\n\n
    • Mercedes-AMG Petronas Formula One Team sponsors<\/li>\n<\/ul>\n\n\n\n

      Joining a leading team such as Mercedes has enabled George Russell to secure numerous endorsement deals. This encompasses partnerships with prominent brands such as Tommy Hilfiger and IWC Watches, among others. He also collaborates with both emerging and established brands like Self Space. With each race, Russell’s portfolio of brand endorsements expands, including promotions for the sponsors of his Formula 1 team.<\/p>\n\n\n\n

      Frequently Asked Questions<\/h3>\n\n\n\n

      What charitable activities has George Russell been involved in?<\/h4>\n\n\n\n

      George Russell participated in charity events, including a Virtual Grand Prix with Nicholas Latifi for pandemic relief, and launched the #HomeAdvantage campaign with drivers like Lewis Hamilton for Mother’s Day 2023 to support charities.<\/p>\n\n\n\n

      Does George Russell own any cars outside of his Formula 1 career?<\/h4>\n\n\n\n

      Yes, George Russell owns a Mercedes AMG GT and a Mercedes AMG C63. His passion for cars extends beyond his Formula 1 career, demonstrating his love for the Mercedes brand both on and off the racetrack.<\/p>\n\n\n\n

      Where does George Russell live?<\/h4>\n\n\n\n

      As of the latest information, George Russell rents a flat in London. However, he has plans to move to Monaco, following the trend of other Formula 1 drivers seeking residency in the principality.<\/p>\n\n\n\n

      How does George Russell earn income apart from his Formula 1 racing career?<\/h4>\n\n\n\n

      Apart from his earnings from Formula 1, George Russell also generates income through his Mercedes Driver merchandise, contributing to his wealth outside of his racing career.<\/p>\n\n\n\n

      Did George Russell spend the lockdown period with his family?<\/h4>\n\n\n\n

      Yes, George Russell spent the lockdown period in 2020 with his family. This time allowed him to stay close to his loved ones during the global COVID-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"

      George Russell, born on February 15, 1998, in King’s Lynn, England, is a highly regarded Formula 1 driver. He began karting at a young age, quickly ascending through the motorsport ranks. Russell’s notable achievements include winning the 2017 GP3 Series and the 2018 FIA Formula 2 Championship, showcasing his exceptional talent and determination. His Formula<\/p>\n","protected":false},"author":8,"featured_media":26840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"_links":{"self":[{"href":"https:\/\/footyvar.com\/wp-json\/wp\/v2\/posts\/26828"}],"collection":[{"href":"https:\/\/footyvar.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/footyvar.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/footyvar.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/footyvar.com\/wp-json\/wp\/v2\/comments?post=26828"}],"version-history":[{"count":1,"href":"https:\/\/footyvar.com\/wp-json\/wp\/v2\/posts\/26828\/revisions"}],"predecessor-version":[{"id":26841,"href":"https:\/\/footyvar.com\/wp-json\/wp\/v2\/posts\/26828\/revisions\/26841"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/footyvar.com\/wp-json\/wp\/v2\/media\/26840"}],"wp:attachment":[{"href":"https:\/\/footyvar.com\/wp-json\/wp\/v2\/media?parent=26828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/footyvar.com\/wp-json\/wp\/v2\/categories?post=26828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/footyvar.com\/wp-json\/wp\/v2\/tags?post=26828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}