Wolff confirms Russell's Mercedes contract extension is finalized

Toto Wolff announced that George Russell's contract extension with Mercedes is complete, despite no formal announcement. Wolff mentioned the deal has been finalized and indicated that team confidence in Russell remains strong, even as he trails significantly in the championship standings. Following the recent Spanish Grand Prix, where Russell finished fifth, Wolff expressed belief that Russell is undergoing an important development phase and highlighted the importance of adapting to new challenges. The status of Russell's contract points to a secure future with the Silver Arrows, although it remains uncertain whether it activates existing clauses or involves a new arrangement.

• 12:00 PMYahoo Sports — Wolff confirms Russell's Mercedes extension is 'already done' as team skips formal announcement