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    Lewis Hamilton SIGNS £40m one-year Mercedes contract as F1 legend ends speculation over future and terms finally agreed

    LEWIS HAMILTON has finally signed his new deal with Mercedes – estimated to be worth up to £40million.
    The Brit, who had been out of contract since January 1, has committed to Mercedes for another year.

    Lewis Hamilton has committed his future to Mercedes for 2021Credit: Reuters

    The deal will run for just one more year and includes a charitable donation to help increase diversity in F1.
    Hamilton, 36, will go into his 15th season in F1 looking to win a record eighth world title – surpassing the joint-record he currently holds with Michael Schumacher.
    Hamilton already holds the record for the most wins (95), pole positions (98) and podium finishes (165).
    Mercedes say the new deal will “form of a joint charitable foundation, which will have the mission of supporting greater diversity and inclusion in all its forms in motorsport”.

    Hamilton said: “I am excited to be heading into my ninth season with my Mercedes teammates.
    “Our team has achieved incredible things together and we look forward to building on our success even further, while continuously looking to improve, both on and off the track.

    Hamilton and Mercedes F1 boss Toto Wolff have agreed on the world champion’s contract after months of talksCredit: PA:Press Association
    “I’m equally determined to continue the journey we started to make motorsport more diverse for future generations and I am grateful that Mercedes has been extremely supportive of my call to address this issue.

    “I’m proud to say we are taking that effort further this year by launching a foundation dedicated to diversity and inclusion in the sport.
    “I am inspired by all that we can build together and can’t wait to get back on the track in March.”
    Mercedes’ CEO and team boss, Toto Wolff, added ahead of a press conference on Monday afternoon: “We have always been aligned with Lewis that we would continue.
    “But the very unusual year we had in 2020 meant it took some time to finish the process.
    “Together, we have decided to extend the sporting relationship for another season and to begin a longer-term project to take the next step in our shared commitment to greater diversity within our sport.
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    The ten greatest F1 drivers of all-time – according to SunSport’s motorsport correspondent Ben Hunt

    “Lewis’s competitive record stands alongside the best the sports world has ever seen, and he is a valued ambassador for our brand and our partners.
    “The story of Mercedes and Lewis has written itself into the history books of our sport over the past eight seasons, and we are hungry to compete and to add more chapters to it.”
    Following Monday’s announcement, fans can look forward to the Mercs unveiling their 2021 car on March 2.
    Testing in Bahrain gets underway on March 12 with the season opener in the desert two weeks later.

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    Mercedes should tell Lewis Hamilton ‘take it or leave it’ says ex-F1 boss Bernie Ecclestone as he recalls row over Senna

    BERNIE ECCLESTONE has called on Mercedes to offer Lewis Hamilton a ‘take it or leave it’ contract.
    Negotiations over the world champion’s seat in the coming season continue to rumble on.

    Bernie Ecclestone has given his take on Lewis Hamilton’s contract sagaCredit: AP:Associated Press

    Mercedes boss Toto Wolff had promised that an agreement would be found ‘soon’ but Hamilton remains the only driver on the grid without a contract.
    Ecclestone, 90, ran the Brabham team in the 1970s and 80s before heading F1 itself for a number of decades and he set out how he would approach the Hamilton talks.
    He told F1 Insider: “I would have made it quite clear to Lewis.
    “Either you take what we offer you now – or you leave it.

    “Everyone is replaceable. Only one person decides who drives here – and that’s me!”
    Ecclestone recalled a similar negotiation with multiple world champion Nelson Piquet at Brabham in the mid-1980s.

    Hamilton is yet to confirm his Mercedes seat for 2021Credit: PA:Press Association

    Ecclestone recalled his attempt to bring Ayrton Senna to Brabham in 1984Credit: Reuters
    An up-and-coming Ayrton Senna had caught the Brit’s eye but star man Piquet helped veto the call.
    Ecclestone continued: “In 1983 we became world champion with Nelson Piquet.

    “I had to decide who would drive alongside him in 1984. We had an extremely good test with a young Brazilian driver called Ayrton Senna.
    “I wanted him. When Nelson heard about it, he really got upset and reacted like a defiant child.
    “He absolutely did not want Senna as a team-mate. He immediately recognised his potential. But I didn’t care.
    “Our main sponsor Parmalat didn’t want two Brazilians. I weighed everything carefully.
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    “In the end, peace in the team was more important to me.
    “But since I was also the head of the constructors’ association, I made sure that Senna got a job elsewhere, with Toleman.
    “I knew he was going to be the future superstar, so I really wanted to see him in Formula One.”

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    Lewis Hamilton urged to sign new Mercedes contract by incoming F1 supremo Stefano Domenicali

    FORMULA ONE’s new CEO Stefano Domenicali has urged Lewis Hamilton to sign his new Mercedes deal.
    Hamilton is out of contract and yet to agree terms over an expected two-year deal worth £40million a season.

    Lewis Hamilton has been urged to hurry up and sign a new Mercedes contractCredit: PA:Press Association

    Incoming F1 supremo Stefano Domenicali implored the Brit to sort it soonCredit: PA:Press Association

    Former team boss Eddie Jordan told SunSport last week that he believed Hamilton was also angling for a slice of Merc’s TV revenue.
    While news of him committing to the team is expected imminently, Domenicali wants the world champion to stay on and fight for a record eighth title.
    He said: “I really hope that we can have this announcement soon because what he’s going to fight for this year is something that from a sporting perspective is incredible.
    “I can imagine the pressure and the dynamic on how he wants to reach this new record because that would be an incredible story to tell.

    “So the only thing I can say is that I really hope that personally if they are still talking, it’s great, I just remind them that the first (race) will be the end of March – Bahrain!
    “Lewis is a massive ambassador for F1. He is also an ambassador for other values and points that are really relevant.
    “He is really very important to F1 because he is embracing other values and bringing them into the discussion and putting his face to points out of the normal sport.”
    Domenicali was quizzed as to what the hold up could be on Hamilton’s contract and he felt it was more than just his salary.

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    The ten greatest F1 drivers of all-time – according to SunSport’s motorsport correspondent Ben Hunt

    He added: “I think they are talking about a lot of stuff. I’m sure that Lewis wants to understand a lot of points also on his own future.
    “But, I want to see him still very very involved in Formula One. It is his life, he may be interested in other things because we can see that he has a lot of interests.
    “Therefore, I think they are discussing a lot of points. I don’t think it is only a point related to his salary.
    “I think it’s more related to what they have in mind to share together in the future. I think that’s the reason why.”
    The Italian is a former Ferrari team boss and replaces outgoing CEO, Chase Carey. He is a breath of fresh air for the sport.
    He will uproot his family from Italy to move to London to run F1 where he will continue the transition from Bernie Ecclestone’s outdated model.
    ‘WE RACE AS ONE’
    He has set up a meeting with F1’s stars to outline his plans to help transform the sport.
    He said: “I sent a letter to all the drivers, also to president of the GPDA Alex Wurz, because I wanted to share how important it is they understand their value in being a positive ambassador for F1, not only the sport but also the values on which F1 is focussed.
    “The ‘we race as one’ project, the diversity and sustainability projects. I invited them to a meeting — the target is to have it in Bahrain – to discuss and share this opportunity.
    “We have never had so many fantastic drivers in F1 and we cannot lose the opportunity in making sure they understand they are more than drivers.
    “I would like to invest a lot of time, not only on the sporting side but I want to share how I believe we should work together using our platform and their role model to push for issues that are important for our society.”

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    Lewis Hamilton’s contract stand-off with Mercedes ‘a shame and embarrassing’, slams Michael Schumacher’s brother Ralf

    LEWIS HAMILTON’S delay in agreeing a new contract with Mercedes has become ’embarrassing’, according to Ralf Schumacher.
    The Brit equalled Ralf’s brother Michael’s record of seven world championship titles last year.

    Lewis Hamilton is yet to put pen to paper on a contract to race in 2021Credit: PA:Press Association

    Ralf Schumacher, with brother Michael, believes a deal should have been signed by nowCredit: AFP

    But a deal to race in 2021 is still yet to be signed, making the defending champ the last driver on the grid to agree to race next season.
    For Schumacher, the delay has gone on long enough.
    He is quoted by Speedweek as describing the situation as: “A shame and almost a bit embarrassing.”
    He added: “It’s February now, and the most important man in Formula One, the seven-time world champion, has still not been confirmed.

    “I always hear that it’s all about the money, but I hope that’s not true.
    “Hamilton in particular, given his humanitarian streak, has to understand that you cannot demand 100 per cent in these times.

    “And Hamilton also has to be clear – Formula One is bigger than any individual.

    “Maybe Hamilton should give himself a jolt now.”
    Schumacher, who won six F1 races during a decade-long career in the sport, also reminded Hamilton that Mercedes are not tied to the 36-year-old.
    George Russell impressed when replacing Hamilton for a race last year.
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    And the German believes the ‘risk’ of being permanently dropped for a younger driver is something the defending champ should ‘never forget’.
    Reports this week suggested Merc have given their star a one-month deadline to put pen to paper.
    Team boss Toto Wolff said recently that an agreement will be reached ‘soon’ but ruled out a three-year contract.
    Former F1 chief Eddie Jordan has told SunSport that he believes Hamilton wants to negotiate a better cut of sponsorship and TV money.

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    Lewis Hamilton reveals he will retire from Formula One the day racing stops giving him ‘the biggest smile’

    LEWIS HAMILTON has declared he will only retire from Formula One once racing stops making him smile.
    The 36-year-old – who has been competing in F1 since 2007 – is currently the third-oldest driver on the grid behind Kimi Raikkonen and Fernando Alonso.

    Lewis Hamilton has won a whopping seven world titles since his F1 career began in 2007Credit: Getty Images – Getty

    With just two months until the 2021 season starts, and with Hamilton failing to agree a new contract with Mercedes, speculation has begun to grow when he will call time on his career.
    And the British star has stated he will continue to strive for success until the day comes when he no longer enjoys racing.
    Speaking on the Formula for Success podcast, he said: “You’ve got to find what you’re passionate about and what you love doing, and me personally, in my journey, there was a point where it just got too serious.
    “We only have one life. You have to enjoy what you’re doing. You’ve got to find happiness every day in what you are doing and I think that has been really important for me to be able to live in the moment.

    “Yes, it’s a competitive space that I’m in, but when I get in that car and put down the visor, the team start up the car and I leave the garage, I have the biggest smile.
    “Even today, after all these years of racing.
    “If there’s ever a day that that doesn’t happen, I don’t get that smile, I know that it’s done and I need to move on to something else.”
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    Hamilton then spoke of how he wants to keep on inspiring younger people who look up to him, as he commented on the importance of being a role model.
    He added: “As I’ve gone along in my career – I never thought I’d have people following me – I realise the importance to people of what I’m doing.
    “Yes, I love getting up and working with my team towards a common goal.
    “You know, being a part of a team, to kind of be the finishing touch or the catalyst to getting success with the team, that’s super exciting.
    “But it’s the idea also that there’s probably a young kid watching me realising that it’s also possible [for them]. That’s super exciting for me.”
    Despite fears that Hamilton may not sign a new deal at Mercedes, team boss Toto Wolff believes he will commit his future to the constructors champions soon.

    The ten greatest F1 drivers of all-time – according to SunSport’s motorsport correspondent Ben Hunt

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    Mercedes’ domination ‘a problem’ for F1 with Lewis Hamilton set to run away with title again, fears Eddie Jordan

    THE DOMINATION of Mercedes in Formula One is a ‘problem’ for the sport ahead of a familiar-looking 2021 season, says Eddie Jordan.
    Lewis Hamilton is the clear favourite for a record-breaking eighth title with a team that has stood head and shoulders above its rivals for the best part of a decade.

    Lewis Hamilton is the huge favourite for an eighth F1 world titleCredit: Reuters

    Former team boss Eddie Jordan worries about Mercedes’ dominationCredit: Getty Images

    F1 is set to enact a rule overhaul in 12 months’ time, partly as a result of Mercedes’ unchallenged supremacy.
    But the year ahead is likely to look rather similar to the previous seasons that the Mercs, and 36-year-old Hamilton in particular, have dominated.
    Former team boss Jordan told BBC Scotland: “The sport is in a difficult situation because no-one can put their finger on Mercedes.
    “They do it better than anybody else.

    “Racing Point won a race last year, that was amazing from Sergio Perez, and Max Verstappen won the last race but that shouldn’t confuse people into thinking it will be much more open.
    “Mercedes have the best people and the best engine, so how can they not win the championship? That’s a problem for me.
    “It’s difficult to find the right sponsorship and you’re just not going to compete with that.”

    The ten greatest F1 drivers of all-time – according to SunSport’s motorsport correspondent Ben Hunt
    Mercedes were on pole for all but two races in 2020 and Hamilton won the title by 124 points despite missing the Sakhir Grand Prix with coronavirus.

    The Brit is the final racer to be confirmed for the new season having so far failed to agree a new contract with the German marque.
    Merc boss Toto Wolff recently claimed the deal will be signed ‘soon’ – but will not be a long-term contract.
    Hamilton is enjoying a winter break in the United States, where he is hiking a mountain every morning amid the negotiations.
    Last week, 72-year-old Jordan told SunSport that he believes the driver wants a larger share of the television and sponsorship money he helps bring into the team.
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    He explained: “Lewis is saying, ‘Look guys, this is my salary, is this what I am being paid as a driver and for various other things that go along with the interviews and other aspects?
    “‘But am I being compensated for bringing in sponsors? Am I being compensated for the arrival of Ineos?
    “‘Am I being compensated for the increased television income you are getting as the constructors’ champion in the form of TV money?'”

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    Lewis Hamilton to sign £40m Mercedes deal ‘soon’ insists Toto Wolff – but rules out three-year contract for F1 star

    LEWIS HAMILTON will sign his new Mercedes contract ‘soon’, Toto Wolff has confirmed.
    The constructors champions are the last Formula One team able to formally confirm their line-up for the 2021 season.

    Lewis Hamilton is set to stay at Mercedes with team boss Toto WolffCredit: Getty Images – Getty

    Negotiations are thought to have been thrown off by Wolff contracting coronavirus earlier this month with the team boss speaking of ‘curveballs’ delaying an agreement.
    But, in conversation with German outlet RTL, the 49-year-old insisted that the deal will be signed ‘soon’.
    The timing of the agreement will enable Hamilton to be in the car for the start of the new season and March’s testing in Bahrain.
    Wolff stated his belief that the parties must come to a ‘sensible agreement’.

    And he added that Mercedes and Hamilton are ‘not far’ from settling on a package.
    The seven-time world champion is thought to be holding out for a £40million salary plus entitlements to TV and sponsorship earnings he brings to the team.

    Initial reports suggested a three-year deal would be on the table.

    But Wolff has asserted that that is not the case, given the upcoming rule overhaul for the 2022 season and F1’s introduction of a budget cap.
    During talks, Hamilton has jetted off to the United States and recently told fans of his morning hikes across snowy mountains.
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    Despite the lengthy delay in the Brit putting pen to paper, Wolff is adamant that the duo have maintained their strong working relationship.
    The Austrian added: “Our relationship is not only professional, but also a friendship.
    “Lewis is incredibly important, not only for our team, but also for the Mercedes brand.”

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    Lewis Hamilton hiking to the top of a mountain every morning to ‘set his goals’ as Mercedes contract saga rumbles on

    LEWIS HAMILTON is maintaining his fitness ahead of the new Formula One season by hiking a mountain every day – while Mercedes contract talks remained deadlocked.
    In an Instagram post from his wilderness hideout in the United States, the Brit revealed he is continuing to ‘set his goals’.

    Lewis Hamilton is enjoying a winter of hiking in the United States

    But he gave no mention of the £40million contract saga that continues to rumble on between himself and seven-time F1 constructors’ champions Mercedes.
    Hamilton, 36, wrote: “Every morning I hike to the top of this mountain and I take some time to set my goals and intentions for the day.
    “I’ve been training every day and at these altitudes, I find it’s the perfect place to push my mind and body to new heights to prep myself for the year and season ahead.
    “Today, I’m sending you all positivity and light. I know these uncertain times can be dark but I want to ask that you don’t lose sight of your goals.

    “Let’s keep each other motivated and focused. I believe in you.”
    Hamilton may want to agree a new contract by March 12, when the new F1 season begins with testing in Bahrain.

    Merc will unveil their 2021 car before then with last season’s anti-racism black livery maintained following the world champ’s impressive year speaking out against inequality.
    Team principal Toto Wolff spoke earlier this month of ‘curveballs’ delaying a conclusion to negotiations.

    He said: “The lawyers are working hard. We don’t make life easy for them, of course, when we both argue over Zoom and keep sending curveballs to the lawyers.
    “But [Hamilton is] in America now and I’m here [in Austria]. At some point we will finalise it.
    “It’s how it is with negotiations. You always come from different corners, but that’s quite normal.”
    Former F1 team boss Eddie Jordan has told SunSport that Hamilton may want a bigger share of sponsorship deals and TV money that he helps to bring to the team.

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    The ten greatest F1 drivers of all-time – according to SunSport’s motorsport correspondent Ben Hunt

    Jordan explained: “Lewis is saying, ‘Look guys, this is my salary, is this what I am being paid as a driver and for various other things that go along with the interviews and other aspects?
    “‘But am I being compensated for bringing in sponsors? Am I being compensated for the arrival of Ineos?
    “‘Am I being compensated for the increased television income you are getting as the constructors’ champion in the form of TV money?’.”

    Mercedes boss Toto Wolff reveals Lewis Hamilton arguing with Mercedes and curveballs thrown at lawyers in messy contract saga More