F1 champion Hamilton staying with Mercedes to 2020

Paola Ditto
Luglio 19, 2018

The majority of Mercedes' points deficit came from its double retirement in Austria and team boss Toto Wolff is confident his team had the fastest vehicle during that period.

The British driver joined Mercedes from McLaren for the 2013 season and has won three of the past four world championships to dominate the sport in recent years.

Mercedes executive director Wolff was thrilled to end the protracted negotiations and announce Hamilton's extension.

During that period Mercedes scored just 61 points - despite starting all three races from pole position - compared to 65 for rivals Red Bull and 98 for new championship leaders Ferrari.

"I have been part of the Mercedes racing family for 20 years and I have never been happier inside a team than I am right now".

"We have been aligned with Lewis ever since we first sat down to discuss the details of this contract after last season, but there has understandably been a lot of interest and speculation around the whole process, so it's good to put all of that to rest and get this thing announced", he said. "We signed the final documents this week and didn't want to keep people waiting any longer!" There is not much about Lewis as a Formula One driver that hasn't been said already - he is one of the all-time greats and his track record speaks for itself.

What next in the F1 driver market?

It's official: Lewis Hamilton has committed to the Mercedes-AMG Formula 1 team for another two seasons, in a deal worth a reported £40m a year.

Mercedes team principal Toto Wolff revealed that the deal was signed earlier this week.

Even before Hamilton's renewal, the Englishman was listed as the 12th highest-earning athlete in the world by business magazine Forbes, ahead of Vettelbecause of endorsements, and his new contract should lift him into the top-10.

The F1 drivers closest to Hamilton on the 2018 list are Vettel (18) and Fernando Alonso (39).

Hamilton will be looking to get back to the top of the standings at the German Grand Prix this weekend.

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