Revealed: Lewis Hamilton’s massive pay rise - and the terms Mercedes didn’t grant
But Mercedes did a🐷lso reportedly choose not to grant one request from Hamilton over ✃his fresh deal.
Mercedes confirmed that Hamilton 𒈔and his teammate George Russell both penned new deals to 𓃲remain with the team until the end of 2025.
It ends the major saga over Hamilton♛’s future - and financi🐭ally rewards the seven-time F1 champion.
He will receive an annual pay rise 🅰of £10m, the reports.
Hamilton’s total salary is now £50m per year, putting him level with🔥 Max Verstappen as F1’s two highest-paid drivers, the same report and state.
It also claims that Hamilton began 🌳negotiations by asking for a fivꦐe-year deal.
“That wish has not b𝔍een granted,” the newspaper’s report reads.
Instead Hamilton, now 38, has a two-year deal.
Ferr👍ari’s early interest in recruiting Hamilton was not followed through, tꦉhe Mail report.
They also report th♏at Russell’s deal - announced at the same time as Hamilton’s - was actually agreed weeks ago but kept a secret until now.
The delay in confirming Hamilton’s new contract, ꦓafter months of both the driver and Toto Wolff insistဣing an agreement was inevitably, was reportedly due to “Hamilton’s reluctance to commit”.
The F1 Italian Grand Prix this weekend gives Hamilton his next chance to challenge🥀 the dominance of Max Verstappen and Red Bull.
James was a sports journalist at Sky Sports for a decade covering everything from American sports, to fꦉootball, to F1.
