The value of George Russell's contract extension with Mercedes is reported to be £30million per year.

Mercedes announced on Wednesday 15 October that Russell and his rookie team-mate Andrea Kimi Antonelli had signed contract extensions to continue with the Brackley outfit into the 2026 Formula 1 season.

The announcement came after months of waiting for the two drivers, but team chief Toto Wolff claimed it was always a matter of "when, not if."

“Confirming our driver line-up was always just a matter of when, not if,” Wolff confirmed. “We wanted to take our time, handle the negotiations properly and make sure everyone, on all sides, was happy. I'm pleased we have done that.

“George and Kimi have proved a strong pairing and we're excited to continue our journey together. Our focus is

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