Lewis Hamilton is about to sign new contract with Mercedes worth a whooping£40m
. Mercedes tweeted a photo with the caption “Announce soon” of Britain’s seven-time world champion – followed by Hamilton saying: “We as a team have more to do together.”
It came as Mercedes, along with the current head of motorsport, Toto Wolff, are also poised to unveil UK billionaire Sir Jim Ratcliffe as the next joint owner.
And Sergio Perez is known to have put pen to paper on a contract with Red Bull in what appears to be a blockbuster day for F1 transfers, meaning he’s going to partner Max Verstappen in 2021.
Hamilton made no secret of his intention to stick with the club and said that by Christmas he needed his future settled.
In the meantime, SunSport understands that alongside Mercedes and Wolff, Ratcliffe, which is worth £ 13 billion, will become a joint owner.
And the anticipated arrival of Perez at Red Bull would mean that Alex Albon will be demoted to backup and test driver for next year for the Milton Keynes based team.
In the longest season in F1 history, Hamilton’s own offer for a record-breaking EIGHTH world title will be coming.
Yesterday, the 2021 calendar was confirmed, with a gruelling 23 grands prix.
The Brit, 35, is tied for seven titles with legendary Michael Schumacher, but starts his attempt to pull clear in Australia on 21 March, finishing on 6 December in Abu Dhabi.
On July 18, Silverstone, which has hosted a double-header in the coronavirus-ravaged season this year will stage the British GP.
The calendar relies on the pandemic and arrangements are already in progress to stage the opener for fans in Melbourne.
Saudi Arabia will make its debut, but Vietnam is losing out on graft charges.