Two years or five years? £100m or £250m? Lewis Hamilton “closing in” on new contract

Lewis Hamilton is nearing a new Mercedes contract but the terms remain a mystery - and are being reported differently by two British newspapers.
Lewis Hamilton (GBR) Mercedes AMG F1. Formula 1 World Championship, Rd 9, Canadian Grand Prix, Montreal, Canada,
Lewis Hamilton (GBR) Mercedes AMG F1. Formula 1 World Championship, Rd 9, Canadian Grand…

The seven-time F1 champion has been negotiating a new deal to keep him at Mercedes beyond the expiration of his current contract atꦚ🐽 the end of this year.

reported on Saturday night that Hamilton is “closing ꦇin” on a two-year contract worth £ꦡ100m, or £50m per season.

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But🍰 24 hours earlier, reported something substantially different.

They insist Hamilton wants a five-year deal worth a total of £250m which🧸 would take him to🐠 his 43rd birthday.

The Mail quoted a source saying: “Lewis wants five years, and if it were just a one-year extension I don't th♋ink he'd accept it.

“They may need to reach🏅 a compromise because, while George (Russell) has probably made peace with the idea of Lewi൲s being around for a couple of years, he might not accept being in the shadow of his team-mate for the long-term.

“There is always a lure about Ferrari, but Lewis will probably think that his only hope of winning his eighth title is by staying wher🍃e he is.

“Money is not a delaying factor.”

Lewis Hamilton (GBR) Mercedes AMG F1 in qualifying. Formula 1 World Championship, Rd 9, Canadian Grand Prix, Montreal,
Lewis Hamilton (GBR) Mercedes AMG F1 in qualifying. Formula 1 World Championship, Rd 9,…

At least both newspapers ag🐼ree that Hamilto💃n will be paid £50m per season.

Hamilton wiღll start the F1 Canadian Grand Prix behind Red Bull rival Max Verstappen a🎐nd Aston Martin's Fernando Alonso.

It would be a spectacular night in Montrealꦏ if Mercedes could s🔯omehow end Red Bull’s winning streak.

James Allison, their technical director, has been talking up their ambitions for 2024𝓀 when a totally reconsidered car could reestablish Hamilton as F1’s No 1 force - but only after he pens a new contract.

Both Hamilton and team principal Toto Wolff inꦍsist an agreement is imminent yet it has⛎ not arrived yet.

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