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Tuesday, 12 May 2015

Lewis Hamilton set to sign record £100m contract to stay at Mercedes



Three-year deal will be the biggest in British sporting history - more even than David Beckham's in MLS - and will end almost 12 months of talks

Lewis Hamilton is set to sign a £100million deal to stay at Mercedes - the biggest in British sporting history.
The 30-year-old will end almost 12 months of speculation with a new three-year deal that will tie him to the German car giant until the end of 2018.
Two-time F1 world champion Hamilton will be earning just over £30m a year plus bonuses, although he will still trail behind track rival Sebastian Vettel who signed an £50 million deal with F1’s biggest-payers Ferrari.
Hamilton negotiated the contract himself, a process he described as a “pain in the a**e”, and it is expected to to be announced in the multi-millionaire’s playground of Monte Carlo - where he lives - before the Grand Prix there on May 24.
Talks were expected, initially, to be completed last December, but part of the delay is thought to have surrounded Hamilton’s desire to control his own image, including a clothing range and jewellery.

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