
F1 champion, Lewis Hamilton finally signs the £40m Mercedes deal.
Formula 1 world champion, Lewis Hamilton has finally signed his new Mercedes contract reportedly worth £40million annually, ending speculation over his future.
On the final day of December 2020, the 7-time world champion’s first contract with the all-conquering Silver Arrows ended. This was when the rumour of the F1 star broke that he was about to jump into another whooping contract.
✍️ #AnnounceLewispic.twitter.com/EFoDLGLDIl
— Mercedes-AMG PETRONAS F1 Team (@MercedesAMGF1) February 8, 2021
Mercedes’s team principal, Toto Wolff, indicated at the end of January that they were in talks over renewing his deal, but acknowledged there was a disagreement with the star driver on Zoom over the terms of his latest deal.
Hamilton was said to be holding out for a three-year contract, although the Silver Arrows were hesitant to adhere to those conditions.
You may also be interested in Lewis Hamilton To Miss Sakhir Grand Prix This Weekend
The two parties, now, have finally come to an agreement, with Hamilton’s mega-money contract now confirmed ahead of the new season set to kick off in Bahrain on March 28
Lewis & Mercedes agree a new deal but it’s only for 1 year Which means that the contracts for both Lewis & Valtteri run out at the end of this season as does George’s at Williams. 3 drivers chasing 2 seats at Merc & all out of contract. You could argue that’s a smart move by Toto
— David Croft (@CroftyF1) February 8, 2021
Hamilton has won six of his seven world championships with Mercedes and is favorite to land No.8 this season, which will see him surpass Michael Schumacher.
Be the first to comment