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FORMULA 1
George Russell
George Russell
2026-2027 Extension (CURRENT)
George Russell signed a 2 year contract with the Mercedes. In 2026, Russell will earn a base salary of $34,000,000, while carrying a cap hit of $34,000,000.
Contract Terms:
2 yr(s)
Signing Bonus:
N/A
| Year | Age | Status | Cap HitAnnual | Cash Annual | Cash Cumulative | |
|---|---|---|---|---|---|---|
| 2026 |
|
28 | $34,000,000 | $34,000,000 | $34,000,000 | |
| 2027 |
|
29 |
Club
|
$34,000,000 | $34,000,000 | $68,000,000 |
| Year | Age | Status | Base Salary | Cap Hit | |
|---|---|---|---|---|---|
| 2026 |
|
28 | $34,000,000 | $34,000,000 | |
| 2027 |
|
29 |
Club
|
$34,000,000 | $34,000,000 |
| Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | Cash Remaining | |
|---|---|---|---|---|---|---|---|
| 2026 |
|
28 | $34,000,000 | $34,000,000 | $34,000,000 | - | |
| 2027 |
|
29 |
Club |
$34,000,000 | $34,000,000 | $68,000,000 | - |
Source:
FORMULA 1 contract specifics generally collected from verified reports.
2024-2025 Extension
Contract Terms:
2 yr(s)
Signing Bonus:
$63
Free Agent:
2026 / UFA
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2022-2023
Contract Terms:
1 yr(s)
Signing Bonus:
$63
Free Agent:
2024 / UFA
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2021-2021
Contract Terms:
1 yr(s)
Signing Bonus:
N/A
Free Agent:
2022 / UFA
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2019-2020
Contract Terms:
2 yr(s) / $530,000
Average Salary:
$265,000
Signing Bonus:
N/A
Free Agent:
2021 / UFA
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Seasons
Years
Career Earnings thru 2026
$49,380,000
Earnings w/ Different Teams
2 teams
Earnings Per Year
| Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
|---|---|---|---|---|---|---|
| 2019 | 21 |
|
Active
|
$180,000 |
$180,000 |
|
| 2020 | 22 |
|
Active
|
$1,200,000 |
$1,380,000 |
|
| 2021 | 23 |
|
Active
|
$1,000,000 |
$2,380,000 |
|
| 2022 | 24 |
|
Active
|
$5,000,000 |
$7,380,000 |
|
| 2023 | 25 |
|
Active
|
$9,000,000 |
$16,380,000 |
|
| 2024 | 26 |
|
Active
|
$18,000,000 |
$34,380,000 |
|
| 2025 | 27 |
|
Active
|
$15,000,000 |
$49,380,000 |
|
| Total |
$49,380,000 |
$49,380,000 |
||||
| 2026 | 28 |
|
Active
|
$34,000,000 |
||
| 2027 | 29 |
|
Active / Club
|
$34,000,000 |
||
| Total |
$117,380,000 |
Earnings Per Team
| Years | Team | Base | Incentives | Cash Cumulative |
|---|---|---|---|---|
| 3 |
|
$2,380,000 | - | $2,380,000 |
| 4 |
|
$46,000,000 | $1,000,000 | $47,000,000 |
| Year | Team(s) | Age | Base | Incentives | Cash Total | Cash Cumulative |
|---|---|---|---|---|---|---|
| 2019 |
|
21 |
$180,000
|
$180,000 |
$180,000 |
|
| 2020 |
|
22 |
$1,200,000
|
$1,200,000 |
$1,380,000 |
|
| 2021 |
|
23 |
$1,000,000
|
$1,000,000 |
$2,380,000 |
|
| 2022 |
|
24 |
$5,000,000
|
$5,000,000 |
$7,380,000 |
|
| 2023 |
|
25 |
$8,000,000
|
$1,000,000 |
$9,000,000 |
$16,380,000 |
| 2024 |
|
26 |
$18,000,000
|
$18,000,000 |
$34,380,000 |
|
| 2025 |
|
27 |
$15,000,000
|
$15,000,000 |
$49,380,000 |
|
| Total |
$48,380,000 |
$1,000,000 |
$49,380,000 |
$49,380,000 |
||
| 2026 |
|
28 |
$34,000,000
|
$34,000,000 |
||
| 2027 |
|
29 |
$34,000,000
|
$34,000,000 |
||
| Total |
$116,380,000 |
$1,000,000 |
$117,380,000 |
Earnings Per Team
| Years | Team | Base | Incentives | Cash Cumulative |
|---|---|---|---|---|
| 3 |
|
$2,380,000 | - | $2,380,000 |
| 4 |
|
$46,000,000 | $1,000,000 | $47,000,000 |
-
Oct 15, 2025
Signed a contract extension with Mercedes (MER)
-
Aug 31, 2023
Signed a 2 year contract extension with Mercedes (MER)
-
Sep 07, 2021
Signed a 2 year contract with Mercedes (MER)
-
Jul 16, 2020
Signed a contract with Williams (WIL) for the 2021 season
-
Oct 01, 2018
Signed a 2 year contract with Williams