Lewis Hamilton Signs 2-Year, $80 Million Deal to Stay With Mercedes

Lewis Hamilton. Photo by Vianney Le Caer/REX/Shutterstock

Current Formula One champion Lewis Hamilton will drive for Mercedes in the next two seasons as well. Hamilton inked a new two-year deal that will earn him around $40 million a year. He could also earn more than $10 million on top of that on bonuses.

I have been part of the Mercedes racing family for 20 years and I have never been happier inside a team than I am right now,” – said Hamilton after the deal was announced. “We are on the same wavelength both on and off track – and I am looking forward to winning more in the future and shining even more light on the three-pointed star. I’m very confident that Mercedes is the right place to be over the coming years.”

The 33-year-old also said that signing a new deal was just a “formality,” since he and Mercedes F1 boss Toto Wolff already had most of the things agreed on last winter when they started the discussions.

It’s good to put pen to paper, announce it and then get on with business as usual,” – added Hamilton.

Lewis Hamilton is one of the most successful drivers in Formula One history, having won four championships and holding several records including the one for the all-time most career points (2,773). Hamilton joined Mercedes in 2013 from McLaren and consecutive titles in his two first seasons. His teammate Nico Rosberg then won the title in 2016, with Hamilton regaining the trophy last season.

In the 2018 season, Lewis Hamilton is currently ranked second, sitting eight points behind Ferrari’s Sebastian Vettel.