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Huge George Russell Salary Revealed After Massive Mercedes Deal

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Table of contents

Highlights

  • George Russell extends Mercedes contract, earning £30 million annually.
  • Russell becomes third-highest paid F1 driver behind Verstappen, Hamilton.
  • Mercedes confirmed contract extension officially until 2026, possible 2027 option.
  • Russell’s deal reflects Mercedes’ confidence amid upcoming 2026 regulation changes.
  • Max Verstappen leads with £48 million, Lewis Hamilton earns £45 million.
  • 2025 F1 calendar includes key races in US, Mexico, Brazil, Las Vegas.

George Russell agrees a Mercedes contract extension worth around £30 million per season, confirmed through 2026. The deal positions him as Formula 1’s third-highest earner behind Max Verstappen and Lewis Hamilton.

Mercedes confirms only the 2026 endpoint publicly. Sources indicate discussions include a 2027 option, with the term length the key sticking point during negotiations.

Russell’s new deal is believed to be worth about £30 million per year, placing him third on the F1 pay scale.

The timing signals Mercedes’ commitment ahead of the 2026 power unit and chassis reset, where stability and driver feedback are likely to be decisive.

George Russell celebrates after confirming his Mercedes contract extension
Image Credit: Crash

Verstappen is understood to lead the field on roughly £48 million at Red Bull, with Hamilton’s Ferrari move valued near £45 million. Russell slots in directly behind that pair.

Mercedes view Russell as a cornerstone for development continuity through F1’s 2026 rules overhaul.

The new agreement underlines Russell’s status within Brackley. He provides consistent pace, strong qualifying peaks, and dependable race execution as Mercedes works to close the competitive gap.

Regulatory changes for 2026 will recalibrate car characteristics, with revised hybrid power units and significant aerodynamic shifts. Driver adaptability will be at a premium.

Locking in Russell now gives Mercedes a stable reference for simulator work, correlation, and concept direction, reducing variables before the regulation change bites.

George Russell in the Mercedes garage during contract extension discussions
Image Credit: GrandPrix247

The broader driver market continues to inflate top-tier salaries, reflecting not only lap-time value but also development input and global commercial reach.

Officially, the contract runs to 2026, with a 2027 option understood to be under consideration.

Focus now shifts to execution across 2025 and into the reset. Key events in the United States, Mexico, Brazil, and Las Vegas will test Mercedes’ progress.

Ultimately, the measure of the deal is competitive return. If Russell converts continuity into results, Mercedes’ early commitment will look well judged.

Visual Summary

🏆
Verstappen
£48m

🇬🇧

£30m
Russell
NEW DEAL
#3 Paid

🏎️
Hamilton
£45m

Russell rockets up the F1 salary ranks!

George Russell signs a hefty new Mercedes contract – now trailing only Verstappen and Hamilton.
💸
Mercedes’ #1 bet for the future,
earning £30m a year.

🔧

2026 Regulation Shake-up

Mercedes lock in their rising star until 2026.

Can Russell become the next champion in F1’s new era?
Daniel miller author image
Daniel Miller

Daniel Miller reports on Formula 1 Grand Prix weekends with race-day analysis, team-radio highlights, and point-standings updates. He explains power-unit upgrades, aerodynamic developments, and driver rivalries in straightforward, SEO-friendly language for a global F1 audience.

Articles: 2235

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