Lewis Hamilton signs a $147 million two-year deal with Mercedes

Lewis Hamilton, the seven-time Formula One champion, has finally put an end to speculation about his future with this monstrous AU$147 million deal.

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Lewis Hamilton has extended his contract with Mercedes for another two years, keeping him with the powerhouse team until 2023.

A deal worth roughly AU$147 million has been reached between the seven-time world champion and his representatives.

The 36-year-old is presently battling Red Bull’s Max Verstappen for the 2021 Formula One title.

The Dutchman has an 18-point lead heading into this weekend’s Austrian Grand Prix, but Hamilton insists he is still in contention.

His new contract is a huge statement of purpose from Formula One’s all-time most successful driver.

Next year, the sport will see its most significant regulation change in history, and Hamilton is optimistic that Mercedes will be able to provide him with a car that will allow him to compete for additional triumphs and titles.

“It is hard to believe it‘s been nearly nine years working with this incredible team and I’m excited we’re going to continue our partnership for two more years,” he said.

“We’ve accomplished so much together but we still have a lot to achieve, both on and off the track. I’m incredibly proud and grateful of how Mercedes has supported me in my drive to improve diversity and equality in our sport.

“They have held themselves accountable and made important strides in creating a more diverse team and inclusive environment.

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“Thank you to all the dedicated and talented individuals at Mercedes whose hard work makes it all possible and the board for their continued trust in me.

“We‘re entering a new era of car which will be challenging and exciting and I can’t wait to see what else we can achieve together.”

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Toto Wolff, Mercedes’ CEO, said that his star driver was “evergreen” and could compete for as long as he wanted.

“As we enter a new era of F1 from 2022 onwards, there can be no better driver to have in our team than Lewis,” he added.

“His achievements in this sport speak for themselves, and with his experience, speed and race-craft, he is at the peak of his powers.

“We are relishing the battle we have on our hands this year – and that‘s why we also wanted to agree this contract early, so we have no distractions from the competition on track.

“I have always said that as long as Lewis still possesses the fire for racing, he can continue as long as he wants.”

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