Russell reveals his earnings from his first Formula 1 season. Was he able to make a profit?
These days, George Russell is a key part of Mercedes, but five years ago, during his debut season in Formula 1, his journey was just beginning—financially as well.
Details: In 2019, Russell raced for Williams alongside Polish driver Robert Kubica. Despite his entry into F1, Russell didn’t score any points that season, leading to the fact that he spent more than he earned during his first year in the sport.
Quote: “In my first year in Formula 1, I earned a five-figure salary and actually lost a six-figure sum due to paying for my coach, flights, and assistant. This situation likely applies to around 25% of drivers. We do what we love, so we don’t complain. But if you take a rookie who, by year’s end, has likely lost over €100,000 due to necessary investments and then fine him a million, what happens next?” Sportbible quotes Russell.
Reminder: In the 2025 season, Russell’s teammate will change. Lewis Hamilton is set to join Ferrari, while Russell’s new teammate will be Kimi Antonelli.
