Lewis Hamilton has ended speculation around his F1 future by signing a new two-year deal with Mercedes.
The deal, worth a reported £40m per year, will see Hamilton remain with the reigning champions for the 2019 and 2020 seasons and maintains his status as Britain’s highest paid sportsman.
The announcement comes ahead of the teams home German Grand Prix this weekend as Hamilton looks to close the gap on championship leader Sebastien Vettel in his bid to become a five-time world champion.
Speaking on the announcement he said: “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. Although we have enjoyed so much success together since 2013, Mercedes is hungrier than ever.
“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.”
After finalising the deal Mercedes team principal Toto Wolff was delighted to have retained the signature of “one of the all-time greats”.
“There is not much about Lewis as a Formula One driver that hasn’t been said already – he is one of the all-time greats and his track record speaks for itself,” Wolff said.
“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.”
Hamilton heads into this weekend’s German Grand Prix trailing fellow quadruple champion Vettel by eight points.
Author: Harry Diamond | LinkedIn
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