Lewis Hamilton’s new contract with Mercedes in Formula 1 is expected to be announced at the British Grand Prix next month, according to Sky Sport F1 commentator David Croft.
Hamilton, a seven-time world champion, has only six months remaining on his current £40 million per season deal but is widely anticipated to extend his stay with Mercedes.
Toto Wolff, the team principal of Mercedes, had hinted that Hamilton’s future could be resolved before the Canadian Grand Prix, but no official announcement was made. Croft believes that the contract will be finalized, with the focus being on support for the Hamilton commission and the various initiatives that Hamilton wants to pursue.
While there were rumors of a potential move to Ferrari, both parties denied any offers, indicating that Hamilton’s future lies with Mercedes.
Hamilton acknowledged that progress has been made in the negotiations and expressed his intention to continue racing for a significant period, emphasizing the importance of exploring different avenues for expanding his partnership with Mercedes.