The contract renewal agreement between Lewis Hamilton and the squire Mercedes will reach the 40 million euros by season of the Formula 1 for the British pilot, who will also have two free spaces in his helmet and in his clothes to negotiate and increase his income.
“Lewis Hamilton would have renewed with Mercedes for one season with the option of another. That would be the formula found to satisfy both parties. The agreement could be made official during this week,” the German portal “F1-inisider” said today.
The British driver seven-time F1 champion would have asked for about 70 million euros a year, but finally signed for 40 million (7 less than what he received so far), in the context of the coronavirus pandemic that reduced revenues in the highest category world motorsport.
However, starting next season, 36-year-old Hamilton will have the possibility of negotiating for himself two advertising spaces: one on his helmet and one on his clothes, which will mean increasing his income “by several million more”. added the German portal quoted by the Spanish newspaper Mundo Deportivo.
For this year Valtteri Bottas is expected to remain at Mercedes, something that Hamilton likes, while by 2022 the team will have everything agreed to hire the young English driver, 22 years old, George Russell.
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