After months of speculation, Lewis Hamilton has put pen to paper on a new Mercedes contract that will keep the seven-time world champion onboard for two more years along with his teammate George Russell. Lewis Hamilton’s contractual situation had already made plenty of headlines over the winter as the seven-time world champion headed into the final year of an agreement he signed in 2021, but the driver has finally extended his stay at Mercedes.
It is expected that the new deal will earn Hamilton in the region of £50million-a-year but there is no update on the official numbers. It occurs in the middle of Hamilton's 11th season with Mercedes, where they have lagged behind in every aspect.
Since joining the Brackley team in 2013, Hamilton has set numerous records, including championship wins (tied with Michael Schumacher on seven), pole positions (104), race wins (103), and many more. Hamilton has picked up 82 of his record 103 F1 wins at Mercedes and also claimed 78 pole positions with the team.
“We dream every day of being the best and we have dedicated the past decade together to achieving that goal,” said Hamilton. “Being at the top does not happen overnight or over a short period of time, it takes commitment, hard work and dedication and it’s been an honour to earn our way into the history books with this incredible team.
Russell added, “I have grown up with this team ever since joining as part of the junior programme back in 2017. It’s my home, and it feels fantastic to extend our special relationship through 2025.” Mercedes are not having the best of the 2023 season, as Hamilton is fourth in the Drivers’ standings and the team is second in the constructors’ championship, 285 points behind Red Bull.