Lewis Hamilton ‘provided £62m-a-season extension at Mercedes with out £22m bonus for profitable title’

Lewis Hamilton is ‘provided an enormous £62MILLION-a-season extension at Mercedes – an increase of £22m’ – as 38-year-old British F1 star weighs up new deal which ‘additionally features a 10-year ambassador position’ after he retires

  • Lewis Hamilton’s present contract with Mercedes ends on the finish of subsequent season
  • The seven-time champion’s present deal is reportedly value £40million-a-year
  • However French stories now declare he’s now being provided a deal value £62m-a-year
  • Reviews declare he wouldn’t be given his £22m bonus for profitable championship 
  • As an alternative, within the new deal, the £22m has already been included in his base wage 

Lewis Hamilton has been provided a sensational £62million-a-season contract by Mercedes – which potential Man United proprietor Sir Jim Ratcliffe and his firm Ineos might pay as much as 90 per cent of – in response to stories in France.

The seven-time Components One champion’s present deal – round £40m-a-year – expires on the finish of the upcoming season. 

However in response to Sportune, the British F1 star has been provided to increase his stick with Mercedes – and not using a £22m bonus for profitable the title, however with an enormous improve in his base wage.

Lewis Hamilton has been 'offered a huge £62m-a-season extension at Mercedes', according to reports in France

Lewis Hamilton has been ‘provided an enormous £62m-a-season extension at Mercedes’, in response to stories in France

There was concern that Hamilton would leave Mercedes after a terrible season, but team boss Toto Wolff has been confident he will stay

There was concern that Hamilton would depart Mercedes after a horrible season, however group boss Toto Wolff has been assured he’ll keep

It comes after Hamilton endured his worst ever Components One season after failing to win a race throughout the entire season.

There had been talks of Hamilton leaving Mercedes when his contract is up – though group boss Toto Wolff is assured he’ll keep.

It appears to be like as if Wolff could possibly be proper as Hamilton weighs up whether or not to just accept an astonishing new deal – which might see his base wage rise by £22m-a-season.

As an alternative of solely getting the £22m bonus if he was to win an eighth championship, it seems that Hamilton would have this quantity instantly added to his base wage. 

The stories declare that the contract additionally included a ten-year ambassador position at Mercedes for when the 38-year-old finally retires – which is value £22m-a-year.

Mercedes are sponsored by Sir Jim Ratcliffe’s Ineos – who’re reportedly set to pay 90 per cent of the contract.

Sir Jim Ratcliffe's Ineos - who sponsor Mercedes - would reportedly pay 90 per cent of Hamilton's new contract

Sir Jim Ratcliffe’s Ineos – who sponsor Mercedes – would reportedly pay 90 per cent of Hamilton’s new contract

Hamilton endured his worst ever Formula One season after failing to win a race across the whole of last season

Hamilton endured his worst ever Components One season after failing to win a race throughout the entire of final season

Sir Jim, 70, has made headlines this week after Ineos formally put ahead their intention to purchase Manchester United off the Glazer household – who put the membership up on the market in November.

Ratcliffe, Britain’s wealthiest man, part-owns Mercedes and is pals with Hamilton. In actual fact, Hamilton expressed his want to get into membership possession with Sir Jim sooner or later.

‘Jim’s half boss however companion – I might say we’re extra companions as a result of we’re on this collectively, and I hope in future to do one thing with Jim and construct with him,’ Hamilton instructed the Manchester Night Information.

‘I do not know the place that will likely be or what that will likely be, so I am unable to actually say. I have not had a name from him asking if I wish to be concerned in that (a United bid) simply but. 

‘However I do wish to get increasingly concerned in groups as a result of I actually do consider in black possession, there’s a lack of it in sports activities. And black fairness, once more, there’s a actual lack of that.’ 

Hamilton was a part of Sir Martin Broughton’s consortium that attempted to purchase Chelsea final 12 months however it was Todd Boehly who was profitable. 

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