Hamilton has put pen to paper on a fresh deal for the 2021 season - rumoured to be worth in the region of £40million. The new deal also marks a commitment from Mercedes and Hamilton to 'greater diversity and inclusion' in motorsport. “I am excited to be heading into my ninth season with my Mercedes teammates," Hamilton said. It will be the final big-money contract of its kind in F1, with a salary cap set to be enforced from 2022. Mercedes have also confirmed that Wolff will remain as team boss and chief executive for the next three years, following the ownership restructure.

Source: Daily Mirror February 08, 2021 11:03 UTC