Lewis Hamilton gives MAJOR update on Mercedes contract extension, reveals the time frame for signing the deal

Lewis Hamilton revealed his intentions to continue with Mercedes after having agreed on financial terms of the renewal.

Lewis Hamilton gives MAJOR update on Mercedes contract extension, reveals the time frame for signing the deal

Lewis Hamilton (Image via City A.M.)

Lewis Hamilton is a Formula 1 icon. The 7-time world champion has achieved significant success over the years and solidified his place in the history books. The paddock has been speculating over the 38-year-old’s future for the past few months. Hamilton has finally revealed the progress on a contract extension with Mercedes during the British GP weekend.

At the Austrian GP, Mercedes Team Principal Toto Wolff stated that the British driver had agreed with the financial terms for a contract renewal. Now, the 7-time world champion has confirmed Wolff’s claims. The 38-year-old said, “That’s correct.” Hamilton has been a mainstay of the Brackley-based team since 2013 and looks set to continue for the long term.

Lewis Hamilton is 38 years old and has dozens of records. Many wondered if the 7-time world champion would hang up his racing gloves after his current contract expires with Mercedes. However, Hamilton expressed his intentions to continue in Formula 1 for at least the next five years. He stated, “I feel like I’ve got another five years in me at least, no?.”

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Lewis Hamilton has complete faith in Mercedes

Lewis Hamilton and Toto Wolff (image via Marca)
Lewis Hamilton and Toto Wolff (Image via Marca)

The Mercedes F1 team has struggled with the new ground-effect F1 regulations. The Silver Arrows have failed to give a competitive car to Lewis Hamilton and George Russell. Rumors emerged that Hamilton was considering switching teams after being unconvinced by the progress in Brackley. The 7-time world champion dismissed such claims.

The 38-year-old clarified that he is not concerned by the team’s current woes. Lewis Hamilton was adamant that the contract would be signed soon as the 7-time world champion fully believes in the Silver Arrows. He said, “Before the end of the season we’ll be already well into the contract. I still have 100 percent faith in this team.”

Thus, Lewis Hamilton finally spoke about his upcoming contract extension with Mercedes. The British driver reaffirmed Toto Wolff’s words about the contract negotiations. Hamilton was adamant that he is looking to stay at the Brackley-based team till the end of his career with a potential long-term deal. It remains to be seen when this highly-anticipated extension is signed and announced to the public.

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