Mercedes has solidified its commitment to George Russell, announcing a multi-year contract extension that ensures the Formula 1 star will remain with the team beyond the 2026 season. The deal, confirmed ahead of the United States Grand Prix, puts an end to months of speculation surrounding Russell's future with the Silver Arrows.
Russell, who joined Mercedes in 2022, has proven to be a valuable asset to the team. In 2022, he secured Mercedes' only victory of the season at the Brazilian Grand Prix. As of the 2025 Singapore Grand Prix, Russell has achieved five race wins, seven pole positions, 10 fastest laps and 23 podiums in Formula One. This year, the 27-year-old Briton has continued to impress, with wins in Canada and Singapore, bringing his total win tally to five.
The details of the contract extension, beyond 2026, have not been fully disclosed, leading to speculation about potential clauses and the team's future plans. While a two-year arrangement is standard, some reports suggest the contract includes options for both the team and the driver after the initial year. It is understood that Russell's new salary is reportedly £30 million per year, making him the third-highest earner on the grid, behind only Max Verstappen and his former teammate Lewis Hamilton.
Russell expressed his satisfaction with the new agreement, stating that Toto Wolff, Mercedes' Team Principal, was "very generous" in the negotiations. He also emphasized that his priority is to have a competitive car, particularly with the major regulation changes coming in 2026. Russell believes that Mercedes provides him with the "best chance" of winning a World Championship.
Toto Wolff has openly expressed interest in Red Bull driver Max Verstappen in the past. With Verstappen committed to Red Bull until 2028, Mercedes has solidified their driver lineup by extending contracts with both Russell and their junior driver, Kimi Antonelli. Antonelli is set to make his Formula 1 debut with Mercedes in 2025, replacing Lewis Hamilton.
The announcement of Russell's contract extension provides stability for Mercedes as they prepare for the significant regulation changes in 2026. These changes include updates to the power unit and chassis, presenting an opportunity for teams to potentially shift the competitive order. Russell's experience and talent, combined with Mercedes' resources, could position them as strong contenders in the coming years.
Despite the positive outlook, some analysts have cautioned that Mercedes' pursuit of other drivers, such as Verstappen, could create potential resentment with Russell. However, Russell remains focused on his performance and contributing to the team's success.
George Russell's journey to Formula 1 began with karting at the age of eight. He progressed through the junior ranks, winning the GP3 Series in 2017 and the Formula 2 Championship in 2018. Russell joined the Mercedes junior program in 2017, and after three years with Williams, he was promoted to the Mercedes factory team in 2022.
With his future secured, George Russell is determined to help Mercedes return to the top of Formula 1 and challenge for world championships. The British driver is eager to contribute to the team's success in the years to come.
