FORMULA 1
George Russell
George Russell
2024-2025 Extension (CURRENT)
George Russell signed a 2 year contract with the Mercedes, including $63 signing bonus, and . In 2024, Russell will earn a base salary of $18,000,000, while carrying a cap hit of $18,000,000.
Contract Terms:
2 yr(s)
Signing Bonus:
$63
Free Agent:
2026 / UFA
| Year | Age | Cap HitAnnual | Cash Annual | Cash Cumulative | |
|---|---|---|---|---|---|
| 2024 |
|
26 | $18,000,000 | $18,000,000 | $18,000,000 |
| 2025 |
|
27 | - | - | - |
| 2026 |
|
28 |
UFA |
| Year | Age | Base Salary | Cap Hit | |
|---|---|---|---|---|
| 2024 |
|
26 | $18,000,000 | $18,000,000 |
| 2025 |
|
27 | - | - |
| 2026 |
|
28 |
UFA |
| Year | Age | Base Salary | Cash Total | Cash Cumulative | |
|---|---|---|---|---|---|
| 2024 |
|
26 | $18,000,000 | $18,000,000 | $18,000,000 |
| 2025 |
|
27 | - | - | - |
Contract Notes
- 2024 salary via Racing365
Source:
Chris Medland
2022-2023
George Russell signed a 1 year contract with the Mercedes, including $63 signing bonus, and .
Contract Terms:
1 yr(s)
Signing Bonus:
$63
Free Agent:
2024 / UFA
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2021-2021
George Russell signed a 1 year contract with the Williams.
Contract Terms:
1 yr(s)
Signing Bonus:
N/A
Free Agent:
2022 / UFA
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2019-2020
George Russell signed a 2 year , $530,000 contract with the Williams, including an average annual salary of $265,000.
Contract Terms:
2 yr(s) / $530,000
Average Salary:
$265,000
Signing Bonus:
N/A
Free Agent:
2021 / UFA
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Career Earnings thru 2024
$0
Career Earnings w/ Different Teams
0 team
Earnings Per Year
| Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
|---|---|---|---|---|---|---|
| 2019 | 20 |
|
Active
|
$180,000 |
||
| 2020 | 21 |
|
Active
|
$1,200,000 |
||
| 2021 | 22 |
|
Active
|
$1,000,000 |
||
| 2022 | 23 |
|
Active
|
$5,000,000 |
||
| 2023 | 24 |
|
Active
|
$9,000,000 |
||
| 2024 | 26 |
|
Active
|
$18,000,000 |
||
| Total |
$34,380,000 |
| Year | Team(s) | Age | Base | Incentives | Cash Total | Cash Cumulative |
|---|---|---|---|---|---|---|
| 2019 |
|
20 |
$180,000
|
$180,000 |
||
| 2020 |
|
21 |
$1,200,000
|
$1,200,000 |
||
| 2021 |
|
22 |
$1,000,000
|
$1,000,000 |
||
| 2022 |
|
23 |
$5,000,000
|
$5,000,000 |
||
| 2023 |
|
24 |
$8,000,000
|
$1,000,000 |
$9,000,000 |
|
| 2024 |
|
26 |
$18,000,000
|
$18,000,000 |
||
| Total |
$33,380,000 |
$1,000,000 |
$34,380,000 |
Earnings Per Team
| Years | Team | Base | Incentives | Cash Cumulative |
|---|
