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McLaren Chairman says contracts is complicated with Hamilton

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Ron Dennis, McLaren Chairman has indicates that Canadian GP winner Lewis Hamilton may have to agree to a less profitable contract if he decides to stay on at the team into 2013 owing to the existing financial ambiance.

McLaren Chairman Speaking to Sky Sports F1 in the consequences of Hamilton’s first victory of 2012 for Canadian Grand Prix, and he currently lead Drivers’ Championship, Dennis told Sky F1: “It’s a complex situation. He’s on the end of a contract which was signed at a time when the economy was somewhat different and now there has to be a balance between that.”

Sky F1’s Martin Brundle asked if he meant Hamilton would have to accept a pay cut, Dennis replied: “He’s very highly paid. He’s certainly paid more than I am!”

“You’re obviously going to look at what’s available; where can he go – he’s going to look at that – we’re going to look at who’s available,” Dennis added.

“At the end of the day, hopefully, the fact that he’s been part of this team from the beginning of his career will pay a significant role in whatever decisions both sides make. But it’s a little early to be talking about it.”

“Lewis had a tough year last year for lots of reasons and not all of them on track or in car, some of them came from things [that] happened in his life,” he said.

“He’s still a young guy and I always think, slightly morbidly, the last thing you learn is how to die and at the end of the day everybody learns every single day. He’s in a challenging part of his life, I think he’s come through it well now, he’s much more focused and more relaxed, and that I think is [important].

“Being relaxed is what the team needs to be. We were too tense in the last races. Some of these mistakes which were made were too much pressure and this race will relax the team as a whole.”

Images © McLaren/Getty Images


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