The contract talks between Mercedes and Lewis Hamilton will be restarted soon. The world champion would demand £ 40m (£ 44m) a year in exchange for a new commitment. That reports The Daily Mail. Hamilton’s contract expires at the end of the year, but confidence between the Brit and the team is high.
Talks between Toto Wolff and Lewis Hamilton about a potential contract extension have been stalled in recent months. Wolff told that in a extensive interview including FORMULA 1. “Lewis and I didn’t see each other during the lockdown, we were on other continents. We have had regular contact, but have not worked on contract renewals. There is a lot of mutual trust, ”said the team boss at the time.
Also read: Wolff about his future, Mercedes, Hamilton and Vettel: ‘Have laughed at the rumors’
Lewis Hamilton, who earns £ 36 million (£ 40 million) a year with his current contract, is set to prey on a pay raise. That reports The Daily Mail. According to the British newspaper, the world champion hopes to improve his contract by about 10% to £ 40 million (44 million euros) per year. Both Hamilton and Wolff are confident that the negotiations will go well, although developments at Ferrari also play a role. The fact that Ferrari brought in Carlos Sainz for next season somewhat diminishes Hamilton’s power at the negotiating table.
In addition to the wage requirements, the contract duration is of course also an important part of the negotiations. Does Hamilton want to go for a lifelong career at Mercedes, or is the appeal of the iconic red from Maranello becoming too great? Hamilton admitted about two months ago that he saw a lifelong role as Mercedes ambassador, but Ferrari has never excluded the world champion. “Will I be disappointed if I have not driven for Ferrari? Some things are predestined, but I don’t know if a future at Ferrari is part of my plans, ”said Hamilton once before.
Also read: Wolff laughs at rumors: ‘Before Hamilton and I go to Ferrari, we fly to Mars together’
JUNE 10: Lewis Hamilton wears a protective face mask in the garage as he prepares to drive a Mercedes W09 during the Mercedes F1 Team June testing on June 10, 2020. (Photo by Steve Etherington / LAT Images)
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