Lewis Hamilton is reportedly demanding a five-year contract worth £250million to commit his future to Mercedes.
Hamilton's existing deal expires at the end of the 2023 campaign and there has been speculation he might leave Mercedes for a rival manufacturer. Mirror Sport understands that the seven-time champion is happy to stay with the Silver Arrows, but that an announcement is still some way off.
The 38-year-old has remained tight-lipped about his future, while Mercedes chief Toto Wolff has made it clear that he believes it is just a matter of time until an agreement is reached. A reason behind the delay may be that Hamilton wants a five-year contract, according to The Daily Mail.
