George Russell’s Net Worth in 2025: Contract, F1 Standing & Rise from F2 Champion to Mercedes Star

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George Russell (aged 24) is a Formula One racer for the Mercedes team. His car number is 63, and his teammate for the 2025 season is Kimi Antonelli. Russell is the winner of three Formula One Grands Prix in a total of seven seasons. George Russell’s net worth in 2025 is said to be around $16 million.

He is currently in the fourth spot in the F1 Standings with 73 points. The position he finished in the five races so far is 3rd (Australia), 3rd (China), 5th (Japan), 2nd (Bahrain), and 5th (Saudi Arabia). He is still yet to win a race this season in the competition.

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George Russell’s Net Worth and Contract in 2025

Net worth

When we talk about the net worth of George Russell, factors such as bonuses, salaries, investments, prize money, and endorsements are all considered. As of 2025, his net worth is estimated to be $16m.

Contract

He joined Mercedes in 2022 with an annual salary of $15 million. With his previous team, Williams Racing, he earned $265,000 per year, which surely gave him a big hike. His contract with Mercedes ends after the 2025 season. There are no talks about an extension as of now.

Rise from F2 Champion to Mercedes Star

Russell had been part of the Mercedes Junior Team since 2017, but signed to drive for Williams in 2019 to race with Robert Kubica. So began Russell’s Formula One journey at the Australian Grand Prix. In 2020, Russell replaced Lewis Hamilton for Mercedes in the Sakhir Grand Prix, but ultimately lost the victory due to a team error and a puncture after having led most of the race.

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Russell took his first podium at the shortened Belgian Grand Prix in 2021 with Williams. In 2022, Russell stepped up from Williams to replace Valtteri Bottas with Mercedes, to partner Lewis Hamilton, where in his rookie season, he was able to secure his first pole position in Hungary and his first win in the São Paulo Grand Prix. He finished fourth in the World Drivers’ Championship. In 2023, Russell was unable to take part in a race win for Mercedes all season but came back in 2024 to win the Austrian and Las Vegas Grands Prix and became the first driver in 30 years to be disqualified from a race win at the Belgian Grand Prix.

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