Mercedes to offer Hamilton new three-year deal

By on Monday, January 12, 2015

Lewis Hamilton MercedesMercedes is positioning to keep world champion Lewis Hamilton at the team beyond the end of his current contract.

Hamilton's three-year-deal finishes at the end of 2015 but both parties have expressed their desire to remain together into 2016, after talks were put on hold last season to allow Hamilton to focus on his title battle with Nico Rosberg.

Now, Italy's La Gazzetta dello Sport claims Mercedes "has prepared a three-year renewal (of the deal) for a fixed EUR 20 million per season".

The report speculated that the deal to be presented to Hamilton, who is currently not represented by a manager, is for the years 2016, 2017 and 2018.

Hamilton's new contract may also include a million euro bonus for each race win, and 5 million for his third world title, La Gazzetta added.

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