George Russell has confirmed he will remain at Williams for a third season, announcing that he is committed to see out his three-year agreement with the Grove squad.

The British driver put to bed any speculation that he may be promoted to the Mercedes-AMG squad – with whom he is part of their young driver stable – next year, which would suggest that the Silver Arrows will retain its pairing of Valtteri Bottas and Lewis Hamilton, whose contracts expire at the end of the current season.

Russell announced his future during the Thursday FIA press conference ahead of this weekend’s Hungarian Grand Prix.

“I signed a three-year deal with Williams and I’ll be staying there for 2021, to build on last year and hopefully what this year turns out to be,” he said.

“Claire [Williams, deputy team principal] was firm with her decision that she was not willing, or not ready to let me go, and ultimately as I have a contract with Williams, I have to respect that decision,” he added, when asked whether he was disappointed that a promotion to the factory Mercedes squad would not materialise.

“So I’m here, I’ll be giving everything I’ve got for Williams this year and into next year, and let’s see what that holds after that.”

His teammate Latifi was also asked to confirm he has a deal for next year, to which he replied: “I have a multi-year deal with the team, so yes I will be with the team in 2021.”

Both drivers rejected speculation that their existing contracts may be threatened should the team sell a major shareholding to potential new investors.

2021 FIA Formula 1 Championship – Confirmed Driving Line-ups (to-date)
Team Drivers
Mercedes-AMG Valtteri Bottas* Lewis Hamilton*
McLaren Mercedes McLaren Logo 2020 Daniel Ricciardo Lando Norris
Red Bull Racing Honda
Max Verstappen Alexander Albon*
Aston Martin
Racing Point Logo 2020 Sergio Pérez Lance Stroll*
Scuderia Ferrari Charles Leclerc Carlos Sainz Jr.
Renault Sport Fernando Alonso Esteban Ocon
Scuderia AlphaTauri Scuderia AlfaTauri Logo 2020 TBA TBA
Alfa Romeo Racing Alfa Romeo Racing Logo 2020 TBA TBA
Williams Racing Williams Racing Logo 2020 Nicholas Latifi George Russell
Haas F1 Team^ Haas F1 Team Logo 2020 TBA TBA

* To be confirmed, but considered likely
^ Official entry to be confirmed

Image via Williams Racing

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Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.