World champion Lewis Hamilton will race for Mercedes in Formula one for at least a further two seasons. The thirty-three-year-old Briton has signed a new contract with the German manufacturer that lasts until the end of 2020.
Report gathered that Hamilton will earn at least thirty million pounds a year, rising to a maximum of forty million pounds, depending on bonuses.
Hamilton said a new contract had been “a formality” since he sat down with Mercedes F1 boss Toto Wolff to begin discussions last winter.
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