Connect with us

2018 F1

Hamilton agrees £80m deal with Mercedes until 2020 F1

Published

on

  • 3
    Shares

 
Four-time F1 world champion Lewis Hamilton agreed a new contract with Mercedes this week, promising his future to the team until the end of 2020 F1 season.

The news source, BBC Sport claims that, Silver Arrows with a deal which will see him become the sport’s first £40million-a-year driver, with bonuses.

The Brit said a new contract had been “a formality” since he sat down with Mercedes F1 boss Toto Wolff to begin discussions last winter.

He said: “It’s good to put pen to paper, announce it and then get on with business as usual.

“I have been part of the Mercedes racing family for 20 years and I have never been happier inside a team than I am right now.

“We are on the same wavelength both on and off track – and I am looking forward to winning more in the future and shining even more light on the three-pointed star. I’m very confident that Mercedes is the right place to be over the coming years.”

The declaration comes on the eve of Mercedes’ home race in Germany with Hamilton trailing Ferrari’s Sebastian Vettel by eight points.

Lewis Hamilton’s New Contract With Mercedes

💰 £80,000,000 Over 2 Years.

💰 £40,000,000 A Year.

💰 £3,333,333 A Month.

💰 £1,900,000 A Race.

💰 £769,230 A Week.

💰 £109,890 A Day.

💰 £4,579 An Hour.

💰 £76.31 A Minute.

💰 £1.27 A Second.

“Although we have enjoyed so much success together since 2013, Mercedes is hungrier than ever.” Hamilton added

“The competitive passion that burns bright inside me is shared by every single member of this group – always chasing the next improvement and digging even deeper to make sure we come out on top.

“I can’t wait to see what we can achieve together in the next two and a half seasons.”

Mercedes team boss Toto Wolff said: “There has understandably been a lot of interest and speculation around the whole process, so it’s good to put all of that to rest and get this thing announced.

“We signed the final documents this week and didn’t want to keep people waiting any longer!

“There is not much about Lewis as a Formula 1 driver that hasn’t been said already – he is one of the all-time greats and his track record speaks for itself.

“But what I enjoy most about working with him is getting to know the man inside the racing helmet: his relentless drive for self-improvement, his emotional intelligence as a team member and his loyalty to those around him.

“Mercedes has become Lewis’ home in Formula 1. I am very confident that we have some incredible chapters of our story together still to come.”

Comments

Latest Results




Latest F1 News

2019 F119 hours ago

Ferrari F1 launch the SF90 for 2019 F1 season

3SharesThe championship bidder Ferrari unveiled their 2019 F1 car, the SF90. In a launch event at the Ferrari HQ, the...

2019 F124 hours ago

Formula E boss not ruling out F1 merger

3SharesAlejandro Agag, the boss of Formula E, is not ruling out a “long term” merger with formula one. Once dismissed...

2019 F124 hours ago

F1 will not scrap Friday practice

3SharesF1 is not about to scrap Friday practice. That is the claim of Francois Dumontier, boss of the Canadian grand...

2019 F11 day ago

Alonso is de-facto reserve driver – Brown

3SharesFernando Alonso might be regarded as a de-facto “reserve driver” at McLaren this year. That is the news from team...

2019 F11 day ago

Stroll aims to avoid war of words with Williams

3SharesLance Stroll has hit back after his former boss accused him recently of arriving in F1 “too early”. Stroll, now...

2019 F11 day ago

Lack of partner team no problem for Renault – Prost

3SharesAlain Prost says Renault is not missing out by not having a ‘junior’ partner team. Red Bull and Toro Rosso...

2019 F11 day ago

New Alfa Romeo has revolutionary front wing

3SharesSauber’s Alfa Romeo-branded new car for 2019 turned heads when it hit the Fiorano circuit for a shakedown on Thursday....

2019 F12 days ago

Kimi Raikkonen debuts 2019 Alfa Romeo Racing F1 car

3SharesAlfa Romeo Racing’s 2019 F1 car hits the track for the first time at Italy. These first images from Fiorano...

2019 F12 days ago

McLaren launches its 2019 F1 car MCL34

3SharesMcLaren has launched its 2019 F1 car, the Renault-powered MCL34, at a launch event in team factory base at Woking....

2019 F12 days ago

He does not fear Daniel Ricciardo – Hulkenberg

3SharesNico Hulkenberg says he does not fear Daniel Ricciardo. The pair’s Renault boss, Cyril Abiteboul, says 31-year-old Hulkenberg is “enormously...




Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

References
We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media