As an athlete approaches the end of their contract, the uncertainty about what lies ahead can be a pressing concern. In the world of sports, many athletes often have to wait until the next season to find out what their future holds. However, in the case of one former teammate of Lewis Hamilton, the wait for a decision from his team is nearing its end.
The first four races of the season have proven crucial for Mercedes AMG Petronas Formula One Team in making their decision regarding George Russell. The British driver has landed on the podium in three of those four races, and with fans beginning to warm up to him following Hamilton’s high standard, his future with the team looks increasingly promising.
With seven-time world champion Hamilton moving to Ferrari, Russell has taken the reins at Mercedes, now sharing the track with rising star Kimi Antonelli. The team’s project seems to be a blend of experience and youth, with the aim of contending for the title again after Hamilton’s last championship win.
According to Autosport, Russell is reportedly close to finalizing a contract extension with Mercedes for the next three years. By 2028, he could still be wearing the British team’s colors, with his strong early-season performance playing a key role in the team’s decision.
George Russell of Great Britain and Mercedes AMG Petronas F1 Team looks on in the Paddock during previews ahead of the F1 Grand Prix of China at Shanghai International Circuit on March 20, 2025 in Shanghai, China.
“Russell is expected to sign a two-year extension with an option for 2028,” reported Roberto Chinchero, and Mercedes fans are eagerly awaiting the official announcement.
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How much would Russell earn with this contract extension?
Mercedes has expressed satisfaction with George Russell’s performances, and Toto Wolff is reportedly pleased with the British driver’s progress. Russell’s new contract extension is set to be a lucrative deal, with reports suggesting he could earn $90 million over the next three years, if the team agrees to the option to extend for an additional year.
“An agreement believed to be worth around $30 million per season,” wrote Chinchero regarding the potential deal Russell may soon finalize. With this extension, Mercedes aims to secure a long-term icon, hoping to build a championship-contending team in Formula 1.
Russell’s numbers so far this season
As Formula 1 heads to Saudi Arabia next weekend, Russell has focused on helping Mercedes secure valuable points, alongside teammate Antonelli. Let’s take a closer look at his performance numbers so far this season.
- Races: 4
- Race Positions:
- Australia: 3rd
- China: 3rd
- Japan: 5th
- Bahrain: 2nd
- Points: 63
- World Championship Standings: 4th
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