George Russell
SALARY AND CONTRACT

White Mercedes F1 Logo
Mercedes
242 PTS
#63
Last Updated: 25 October 2026
$34m
BASE SALARY
126.7%
Joint 3rd highest paid on the grid
$50m
POTENTIAL INCOME
92.3%
End of 2027
CONTRACT THROUGH
$120.5m
CAREER EARNINGS
7th highest career pay on the grid
Confirmed for 2027Very High SecurityJoint 3rd Highest Paid2nd in Points
Verified
Reported
Estimated
Calculated
Base SalaryProjectedUSD
$0$9.35m$18.7m$28.05m$37.4mProjected20192021202320252027

Sort Columns To Compare Seasons

8 Seasons

Base Salary By Season
2026Mercedes
Mercedes$34m282422
2025Mercedes
Mercedes$15m273194
2024Mercedes
Mercedes$15m262456
2023Mercedes
Mercedes$4m251758
2022Mercedes
Mercedes$3m242754
2021Williams
Williams$1m231615
2020Williams / Mercedes
Williams / Mercedes$1m22318
2019Williams
Williams$500k21020

George Russell Salary 2026 and His $34m Base

George Russell’s salary in 2026 is a $34m base from Mercedes, level with Charles Leclerc for the third-highest pay in F1. It’s more than double the $15m he was paid in each of the previous two seasons.

Across 23 races that comes to about $1.48m a Grand Prix. His first Mercedes base in 2022 was just $3m, so the climb has been steep, and the 2027 option is expected to keep him on $34m.

F1 drivers salaries 2026 racingnews365.com

The grid-wide 2026 pay survey behind Russell's $34m base salary. It covers salary only and leaves bonuses out.

Formula 1's Highest-Paid Drivers 2025 forbes.com

Puts his 2025 pay at $15m plus $11m in bonuses, which our $16m bonus scenario builds on.

George Russell's hefty eight figure Mercedes contract revealed Report motorsport.com

Relays another outlet's claim of £30m ($40m) a year, a package figure that covers more than the $34m base.

Base Salary Earned in 2026$27.77m of $34m

82% of the way through 2026

Since this page loaded

BASE SALARY EARNED
$0Prorated Earnings Estimate
POTENTIAL INCOME
$0Prorated Earnings Estimate
CAREER EARNINGS
$96,860,000Prorated Earnings Estimate
These tickers illustrate calculated averages based on annual figures and are not actual payments.

Could Bonuses Push Russell to $50m?

A strong season could be worth another $16m in bonuses, taking his potential income to $50m. That builds on the $8m he collected in 2024 and the $11m from his 319-point 2025. His 2026 season stats put him second in the championship on 242 points, and his win in Baku on September 26 was his third of the year, although a technical problem ended his race at Sepang.

How Much Is George Russell Paid Each Month?

PER MONTH
$2.83m
PER WEEK
$654k
PER DAY
$93k
PER HOUR
$3,881

Russell’s $34m base breaks down to about $2.83m a month, $654k a week and $93k a day. Add the $16m bonus scenario and a month is worth $4.17m, or $2.17m for each of the 23 Grands Prix. Mercedes doesn’t pay him in these slices, so read them as illustrative averages rather than official payments.

F1 SALARIES INSIDER

Get the Money Side of F1 Every Thursday

Follow George Russell’s contract and the rest of the 2027 driver market in one free email every Thursday, with the last race by salary, the next race, and a featured driver.
Want every issue in full? Get Insider+ for $5 a month or $40 a year.

Insider · Issue 23

01 · The Last Race

Singapore by Salary

Pos

Driver

Pts

Salary

1

Max Verstappen

Red Bull

25

$70m

2

Charles Leclerc

Ferrari

18

$34m

3

Kimi Antonelli

Mercedes

15

$3.4m

4

Lando Norris

McLaren

12

$30m

5

Oscar Piastri

McLaren

10

$13m

6

Insider+

7

Insider+

Our Take · Insider+

What Each Point Now Costs Red Bull

Mercedes Contract

1 year

Announced 15 Oct 2025
Status
Extension
Base Salary
$34m
Potential Income
$50m
Starts
2026
Ends
End of 2026
Duration
1 year
Est. Contract Value
$34m
Mercedes Contract

1 year

Announced Jun 2026
Status
Extension
Starts
2027
Ends
End of 2027
Duration
1 year
Est. Contract Value
$34m
2027 Salary
$34m
Essentials

George Russell

Age 28
Driver
George Russell
Team
Mercedes
Number
#63
Nationality
British
Age
28
Manager
Harry Soden / Infinity Sports Management
Results

242 Points

2026 Season
F1 Debut
2019
Grand Prix Starts
170
Wins
8
Podiums
32
Pole Positions
13
World Titles
0
Career Points
1275
Full career stats

George and Kimi Confirmed media.mercedesamgf1.com

Mercedes' own announcement confirming Russell and Kimi Antonelli as its driver pairing for 2026.

Russell insists 'my seat never felt under threat' during links between Verstappen and Mercedes formula1.com

Russell explains why his seat never felt at risk while Max Verstappen was being linked with Mercedes.

F1 driver contracts from Max Verstappen to Lewis Hamilton formula1.com

Formula 1's guide to how long every driver is signed, used to check the length of Russell's current deal.

F1 driver contracts: How long is each driver tied down for? motorsport.com

Reports that the 2027 option on Russell's Mercedes contract has been secured, extending his seat by a year.

George Russell - F1 Driver for Mercedes formula1.com

Official Formula 1 profile with the career statistics behind his wins, podiums and points.

Managers of Formula 1: The people who let drivers focus on racing gpblog.com

Names Harry Soden and Infinity Sports Management as the people managing his career.

Russell's One-Year Mercedes Contract

Mercedes confirmed Russell’s current contract on October 15, 2025, a one-year deal for 2026 that named him alongside Kimi Antonelli. It followed months of links between Max Verstappen and Mercedes, and it covers this season only.

Because it runs for a single year at his current rate, the deal is worth $34m in base salary, with bonuses paid on top. One report valued his package at £30m ($40m) a year, although that figure appears to fold in more than his basic pay. Mercedes has since secured him for 2027 as well.

The 2027 Option Keeping Russell at Mercedes

Russell’s 2027 option was secured in June 2026, shortly after the Barcelona race, and it keeps him at Mercedes until the end of next season. It adds one year rather than a fresh long-term deal.

No new salary has been published, so the extra season is expected to pay the same $34m. That would make his base pay across 2026 and 2027 worth $68m.

Contract Length
Driver
2026
2027
2028
2029
2030
Until

Compare Your Salary To George Russell

Put in what you earn in a year and see how long it takes Russell to match it.

Compare George Russell With Any Driver

Pick another driver to see how the salary, bonus and career earnings line up against Russell.
vsRandomize

Every George Russell Contract and What It Paid

Seven years separate Russell’s $500k Williams debut from the $34m Mercedes pays him now. The stints below track how his salary, bonuses and points changed at each stage of that climb. Those earnings sit behind his estimated $40m net worth.

2026

Mercedes

$34m
Paid Like a Team Leader
▾
POTENTIAL INCOME
$50m
AGE
28
TEAM

Mercedes

A one-year deal confirmed in October 2025 more than doubled his base to $34m, and a $16m bonus scenario would take the season to $50m. His 242 points have him second in the standings, behind only his teammate.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

2026

28

$34m

$50m

242

2

2022-2025

Mercedes

$3m-15m
Bonuses Before the Big Salary
▾
POTENTIAL INCOME
$9m-26m
AGE
24-27
TEAM

Mercedes

Mercedes started him on a $3m base, but 275 points in his first season brought a $7m bonus. His salary jumped to $15m for 2024, and a career-best 319 points in 2025 added $11m in bonuses.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

2025

27

$15m

$26m

319

4

2024

26

$15m

$23m

245

6

2023

25

$4m

$9m

175

8

2022

24

$3m

$10m

275

4

2019-2021

Williams

$500k-1m
Proving Himself at Williams
▾
POTENTIAL INCOME
$500k-1m
AGE
21-23
TEAM

Williams

Williams paid $500k in his rookie year and $1m in each of the next two. His 2020 points came from a one-off drive for Mercedes in place of Hamilton, and his 16 points in 2021 included a podium at Spa.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

2021

23

$1m

$1m

16

15

2020

22

$1m

$1m

3

18

2019

21

$500k

$500k

0

20

How much do F1 drivers really earn? Don't believe the clickbait – RaceFans racefans.net

Reports the $500k Williams paid him in his 2019 rookie season.

How much are F1 drivers earning in 2020 – and should their pay be capped? – RaceFans racefans.net

Reports his $1m Williams salary for 2020, the year he also stood in at Mercedes.

F1 driver salaries 2021 | RacingNews365 racingnews365.com

Base pay survey for 2021 showing his $1m Williams salary, with bonuses left out.

Formula 1's Highest-Paid Drivers 2022 forbes.com

Splits his first Mercedes season into a $3m salary and a $7m bonus.

Formula 1's Highest-Paid Drivers 2023 forbes.com

Splits his 2023 earnings into a $4m salary and a $5m bonus.

Formula 1's Highest-Paid Drivers 2024 forbes.com

Shows his salary rising to $15m in 2024, with another $8m in bonuses.

Formula 1's Highest-Paid Drivers 2025 forbes.com

Splits his 2025 earnings into a $15m salary and $11m in bonuses.

Russell's Case for a $34m Salary

Russell’s $34m salary reflects the lead role he took on when Lewis Hamilton left for Ferrari at the end of 2024, and the results he’s delivered since.

  • A Mercedes product. Mercedes backed him as a junior through his 2017 GP3 and 2018 F2 titles.
  • He beat Hamilton early. In 2022, his first Mercedes season, he outscored Hamilton 275 to 240 and won in Brazil, the team’s only victory that year.
  • A career-best 2025. His 319 points last season beat his previous best by 44 and earned him an $11m bonus.
  • Title contender. With 242 points he’s second in the 2026 standings, one ahead of Lewis Hamilton. He also has eight wins and 13 poles from 170 starts.
  • Chosen over the Verstappen talk. Mercedes stuck with him despite links to Max Verstappen, confirming 2026 and then securing 2027.

Russell vs Antonelli on Pay and Points

Mercedes pays Russell ten times as much as Kimi Antonelli in base salary, $34m against $3.4m. Bonus scenarios barely change the picture, with potential incomes of $50m and $15.4m. The standings tell the opposite story, with Antonelli leading the championship on 365 points to Russell’s 242.

$34m$3.4mBase Salary+$30.6m
$50m$15.4mPotential Income+$34.6m
$16m$12mPotential Bonus+$4m
$120.5m$26.3mCareer Earnings+$94.2m
2423652026 Points+123
Both drivers race the same car, so pay differences come down to standing, results and contract timing.

How Does Russell Compare to Other F1 Drivers?

The drivers paid either side of Russell, and what a 126.7% rise looks like in context.

George Russell Contract and Net Worth Questions

Mercedes has George Russell under contract until the end of 2027. His current one-year deal covers the 2026 season, and the option for 2027 was secured in June 2026. The extra year is expected to pay the same $34m base salary, which would make 2026 and 2027 worth $68m before bonuses.

Yes. George Russell has a one-year Mercedes contract for 2026, which the team confirmed on October 15, 2025 after months of links between Max Verstappen and his seat. It pays a $34m base this season, and Mercedes has already secured him for 2027 through an option.

George Russell earned about $26m in 2025, made up of a $15m Mercedes base salary and $11m in bonuses from a 319-point season in which he finished fourth. His base then more than doubled to $34m in 2026, when a strong season could take his income to $50m.

George Russell makes about $2.83m a month from his $34m Mercedes base salary in 2026, or roughly $93k a day. Add the $16m bonus scenario and a month is worth $4.17m.

Mercedes doesn’t pay him in these slices, so read them as illustrative averages rather than official payments.

At $34m, George Russell’s 2026 base salary from Mercedes is level with Charles Leclerc’s and behind only Max Verstappen and Lewis Hamilton. It’s more than double his $15m from 2025. Bonuses could add around $16m in a strong season, taking his potential income to $50m.

By a wide margin, George Russell is the better-paid Mercedes driver. His $34m base salary is ten times Kimi Antonelli’s $3.4m, and with bonus scenarios added it’s $50m against $15.4m. Antonelli has the upper hand on track, leading the 2026 championship with 365 points to Russell’s 242.

Shining a light on the finances that make Formula 1 drive, from drivers, teams, staff, and sponsors to tracks, tickets, and much more.
Figures are estimates unless labeled Verified. Sources and review dates sit with the figures they support.
F1 Salaries is independent, isn't affiliated with Formula 1 or any team, and accepts no affiliate or paid content.

F1 Salaries Insider

The week's F1 money news in one free email every Thursday.

We never sell, rent, or share your email address.