Lewis Hamilton needs to agree a brand new F1 contract with Mercedes earlier than the summer time break begins.
Mercedes introduced a single-year extension to Hamilton’s present contract in February. Following his victory in yesterday’s Spanish Grand Prix, Hamilton mentioned he doesn’t wish to wait as late to agree his subsequent cope with the group’s CEO Toto Wolff.
“We by no means wish to be within the place that we have been in January, in February,” mentioned Hamilton. “It ruined my entire winter and I’m positive it wasn’t useful for Toto’s, by way of with the ability to be off and relaxed, it felt like we didn’t actually have a lot of a break.”
Hamilton needs his subsequent deal in place earlier than the necessary break begins, following the Hungarian Grand Prix on August 1st.
“I feel now we have to be wise,” he mentioned. “Naturally we don’t must rush something however I feel now we have to be wise and begin conversations. They’re very complicated, it’s by no means a brilliant easy process and so hopefully quickly we will begin, so long as it doesn’t intervene with the precise job.
“We nonetheless have 19 races to do however it will be nice to get one thing in place earlier than the break so then we may, once more, be in that break and have a transparent image of the long run.”
Hamilton, 36, is main the drivers championship after 4 of 23 rounds, and will clinch a record-breaking eighth world title this 12 months. He’s Britain’s richest sportsperson and F1’s highest-paid driver, regardless of taking a wage lower when he prolonged his contract for the 2021 season.
Components 1 groups are persevering with to debate whether or not to introduce a cap on drivers’ salaries. Haas group principal Guenther Steiner mentioned the discussions are nonetheless at an “early” stage and “there must be accomplished much more work earlier than we get to a quantity and the way it’s utilized and all that stuff.”
AlphaTauri group principal Franz Tost mentioned the cap stage “shouldn’t be greater than round 30 million [dollars] for each drivers” – near what Mercedes spends on Hamilton alone.
“However as soon as extra that is in dialogue and it relies upon then all the time how a lot monetary assets the completely different groups have and wherein course we are going to go,” Tost added.
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