Lewis Hamilton draws closer to £50 million new Mercedes deal, ‘special clause’ suggests this will be his last F1 contract

Lewis Hamilton's new deal with Mercedes might come any minute now as the 38-year-old had confirmed he would be having talks with Toto Wolff over it after the Spanish GP.

Lewis Hamilton draws closer to £50 million new Mercedes deal, ‘special clause’ suggests this will be his last F1 contract

Bashing a thousand different speculations about Lewis Hamilton‘s Mercedes exit, the 38-year-old is now close to agreeing to a new contract with the Silver Arrows. Reports have suggested that Lewis is far from done with his time in Toto Wolff‘s team as he will be returning with a multi-year contract that is worth £50 million, putting Max Verstappen‘s deal with Red Bull to shame. Hamilton, who is a seven-time World Champion and arguably one of the most legendary racers in history, confirmed at an interview after the Spanish GP that he would be meeting with the Merc reps for contract talks.

The hush-hush affair involving Lewis Hamilton’s retention at Mercedes raised many eyebrows in F1 town. Some wondered if the Briton would retire from his Formula 1 run while others believed Ferrari might score him with their alleged $50 million deal. Now, it is almost clear that Lewis Hamilton and Mercedes are going close in on a new contract that is worth an eye-watering amount–but there are some more interesting facts about the deal that are stealing some attention.

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While Mercedes are eager to have Lewis on board for the upcoming F1 seasons, the Stevenage man is pushing for a ‘special clause’ to be included in the documents. If sources are to be believed, the clause makes way for the assumption that this will be Lewis Hamilton’s last contract with Mercedes in F1, after which, he will bow out of the king class of motorsports but will remain as an ambassador for the Brackley outfit.

Related: Ferrari team boss Frederic Vasseur voices frustration with underwhelming SF-23 upgrades

Lewis Hamilton’s new potential Mercedes deal shows he puts loyalty ahead of ambition

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Lewis Hamilton

Last time, Lewis Hamilton had signed up for remaining as a Mercedes driver in 2021, and his contract ends in December, 2023. While an extension was always on the cards, conversations regarding the same were stalled when Mercedes failed to provide him with a Championship-worthy car and Lewis ended the 2022 season with zero Grand Prix wins. In fact, some F1 pundits like Martin Brundle and Eddie Jordan were even bold enough to suggest Lewis Hamilton should look for other teams in order to keep his hopes for an eighth title ignited.

Despite all rumors, Lewis has proven that loyalty comes on top of everything else as he is now all but confirmed to be staying back at the team that he had joined back in 2012. This puts the onus on Mercedes to make a competent car to pay Lewis back for his trust on them, helping him break Michael Schumacher’s record by winning another F1 title in the upcoming seasons.

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