Revealed: Lewis Hamilton’s agreed salary – and sticking point – in new Mercedes F1 contract | F1

The superstar seven-time F1 champion has been locked in negotiations all year to extend the deal that is set to expire at the end of 2023.Hamilton and team principal Toto Wolff have constantly insisted an agreement is a formality yet the contract has not yet been signed.The agreed salary is “around £50m a year”, according to The Sun.That sum would restore Hamilton to the highest-paid status, above Max Verstappen, on the list of F1 driver salaries - although contracts frequently carry bonuses for race or championship wins.The duration of Hamilton’s new contract has also been agreed, according to the same…

Jump the start

Download The Racing News Online Android App