George Russell secured a lucky second place at the British Grand Prix, but warns that Ferrari are now a serious threat to Mercedes' championship hopes after a tough weekend for the Silver Arrows at Silverstone. Photo: AFP

George Russell conceded that Ferrari are a real threat to Mercedes’ title ambitions after grabbing a fortunate second place behind Charles Leclerc at the British Grand Prix this past weekend.

Russell, who took second place ahead of seven-time champion Lewis Hamilton when the latter was pitted by Ferrari during a late safety car intervention, said he was glad to see the flag and claim his first home race podium.

"I am so pleased to be standing here," he said on Sunday after the race. "It’s my first podium here at Silverstone and I am delighted even if it was a very lucky race!

"I had a puncture, but I was lucky with the safety car at the end. It would have been great for the fans if the race had re-started, but not for me … My tyres were stone cold.