Hamilton ‘demanding new £40m-a-year deal’ – report

Date published: July 2 2020

Robert Kubica says Lewis Hamilton won his sixth title without the fastest car.

Lewis Hamilton is reportedly ‘demanding’ a new deal with Mercedes worth £40million-a-year, according to the Daily Mail.

The UK tabloid say that a ‘source close to Hamilton’ wants improved terms on his existing deal, which they believe is currently worth £36million-a-year.

Talks between Mercedes and Hamilton are expected to restart now that the 2020 season is finally set to get underway, while the respective futures of Silver Arrows boss Toto Wolff and Hamilton’s team-mate Valtteri Bottas also need to be resolved with their contracts expiring at the end of the year, too.

Hamilton’s new contract has become a talking point again after Red Bull boss Helmut Marko suggested Mercedes‘ sponsors could help meet those demands that would ensure the six-time World Champion remains the highest-paid driver on the Formula 1 grid.

“Someone else will pay it,” Marko is quoted by grandpx.news.

“Petronas only has to transfer a little less to the team and send it to Hamilton instead.

“But a limit on the driver salary is essential.

“Of course we still have to fulfil the current contracts, but we must do something in this area as soon as possible.”

The new F1 2020 game is out on July 10! Pre-order now for PS4, Xbox One and PC

Meanwhile, Sky Sports F1 pundit Martin Brundle still believes that a move to Ferrari could still be an option for Hamilton as early as 2022 despite the Scuderia opting to replace Sebastian Vettel with McLaren’s Carlos Sainz.

“I doubt Sainz has got anything locked down in terms of anything beyond one season,” the former driver turned commentator told Sportsmail.

“If Toto [Wolff] left Mercedes and they rowed back a bit with the global pandemic issues and cost cuts coming in F1, the whole scene is changing, then I think his [Hamilton’s] mind might have to turn again to have a look at Ferrari. I would if I was him.

“I’ve spoken to him about being dressed in red and standing on that podium at Monza and looking at the crowd in Ferrari overalls. He said ‘I love red, I’ve got red in my crash helmet, it’s the colour of passion’ but his stock answer was ‘I’ve raced for Mercedes all of my F1 career.’

“Think about it commercially, he can be an ambassador forever for that company so it would be a lot to walk away from.”

Formula 1 is almost back! Check out our preview video for the season opener in Austria:

Follow us on Twitter @Planet_F1 and like our Facebook page.