The Mercedes AMG F1 team looked unstoppable on paper this year. With Lewis Hamilton already in their ranks, they signed the young talent George Russell. The fans are of the opinion that the duo will take the sport by storm.

Formula 1 already being a massive, expensive sport, money is everywhere. Running a team needs huge expenses. From paying the drivers to the mechanics, to the officials, building and maintaining cars the list is endless. Among all, the drivers usually get the highest payment.

How much do Lewis Hamilton and George Russell earn?

Lewis signed a new improved deal with Mercedes this year that will see him at the Brackley-based team till 2023. As per the stats, Hamilton takes home a staggering $55 million per year from Mercedes. This is just the raw amount without any bonuses.

READ MORE: Lewis Hamilton Breaks the Internet as F1 Fans Thirst Over Latest Instagram Post

Earlier in 2021, he received $40 million, with a $15 million raise on the paycheck, Lewis is one of the highest-paid individuals in F1 alongside Max Verstappen.

Russell signed from Williams on a multi-year deal. For him, the amount is pretty less compared to Hamilton as the 37-year-old receives 11 times more than his fellow countryman. Russell receives $5 million per year from his new contract at Mercedes.

How much are Lewis Hamilton and George Russell worth in 2022?

Lewis being one of the prized possession of F1 worth so much more than his counterpart. Hamilton is probably worth the highest in F1. The British driver is worth a staggering $285 million. With times rolling, his net worth keeps skyrocketing.

READ MORE: George Russell Shocked With ‘Crazy’ Position in 2022 F1 Drivers’ Championship

As for George, his net worth currently is around $20 million as per the latest stats. With the form Russell is in, his net worth will soon be on the rise if the former Williams driver can keep up with his improving form.

Lewis Hamilton and George Russell’s endorsements

Hamilton is one of the most popular personalities in global sports he has an ample amount of sponsors. Brands from Mercedes, Tommy Hilfiger, Bose, Sony, and Monster Energy the list is endless. If one considers the endorsements Lewis has, his earnings reach $70-$75 (keeping in mind the salary as well) million per year altogether.

The young Brit is also endorsed by Mercedes. Moreover, he’s also sponsored by Bell Helmets, Alpinestars, etc. With endorsements, he reaches $7-$8 (including the salary) million approximately.

WATCH THIS STORY: Lewis Hamilton Warns F1 Over Ban: Chop My Right Ear With Piercings Welded On

Interestingly, if Mercedes can retain their Constructor’s Championship this year, that’ll fetch the team a massive amount of money which will give both Lewis and George a chunk as bonuses.