Revealed: Lewis Hamilton’s massive pay rise - and the terms Mercedes didn’t grant
But Mercedes did also reportedly choose not to grant on🍌e request from Hamilton over his fresh dea꧑l.
Merced🌠es confirmed that Hamilton and his teammate George Russell bo👍th penned new deals to remain with the team until the end of 2025.
It ends 𝓀the major sag🍸a over Hamilton’s future - and financially 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 wit𒁏h 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 five-year 🉐deal.
“That wish has not been granted,” the♛ newspa🐷per’s report reads.
Instead Hamilton, now 38, has a two-year deal.
Ferrari’s early interest in recruiting 🌺Hamilton was not followed through, the Mail report.
They also report that Russell’s deal - announced at the same tim💜e as Hamilton♏’s - was actually agreed weeks ago but kept a secret until now.
The delay in confirming Hamilton’s new contract, after months of both the driver and Toto Wolff insistin𒊎g 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 ꦗto challenge the dominance of Max Verstappen and Red Bull.
James was a sports journalist at Sky Sports for a decade covering everything fro🎀mꦡ American sports, to football, to F1.
