The Lewis Hamilton contract saga could finally reach a conclusion following months of continual negotiations. Mercedes have been in talks with the 36-year-old for some time now, with various aspects of the new deal discussed.
According to the latest piece of news, Hamilton is expected to receive the same wage package of €40 million a year, as before. Besides that, the seven-time F1 champion could also have an interesting clause inserted into his contract.
A report, courtesy of F1-Insider, states, “According to information from F1-Insider.com, Mercedes and Lewis Hamilton (37) have come to an agreement after a long wrangling. World champion Hamilton, so far without a contract in 2021, is to sign a one-year contract with an option for a second season.”
“The salary is to remain the same (an estimated 40 million euros per year). Mercedes, however, is making a step towards Hamilton on the financial side: According to our information he can market two advertising spaces on his helmet and overall himself,” the report said.
Considering the Mercedes superstar’s reputation, the potential marketing opportunities will not be limited by any means. More interestingly, Hamilton could now also have a say on who his teammate should be at the team.
The report continues, “There is also talk of a clause stating that the Briton will have a say when it comes to future teammates. In the scene, people are already openly talking about a “Verstappen clause”.”
“The reason: It’s an open secret that Dutch Red Bull driver Max Verstappen (23) is on Mercedes team boss Toto Wolff’s future wish list. The clause is a compliment for Verstappen, because it shows Hamilton’s respect for him,” the report explained.
One would obviously wish to see the defending champion pair up with a likely future champion to battle it out for the grand prize.
Regardless, the focus will now lie on Hamilton and whether he will sign that contract before F1 winter testing begins. From the looks of it, an announcement of the extension is forthcoming.