Lewis Hamilton is expected to sign a new Mercedes contract this winter – but not the £62m per year deal that has been speculated in recent days.
The Brit, who turned 38 earlier this month, intends to continue his Formula 1 year beyond his current contract. That deal expires at the end of this year, but Hamilton has already made it clear he wants to put pen to paper on an extension.
Reports from France have this week claimed that a deal worth £62m per year has been offered to Hamilton. That would represent a salary rise of £22m per year and see him become comfortably the best paid driver on the grid – dwarfing Max Verstappen's mega-money Red Bull deal.
