‘Lewis Hamilton must lower demands as Mercedes reject 10-year deal request’

Hamilton’s currenܫt deal expires at the end of this season but he, and Mercedes, have always claimed a new contract isဣ a formality despite it remaining unsigned.
Now,�ཧ� new revelations about a disagreement have been reported by the British newspaper.
Hamilton’s current salary is £27.5m plus a £15m bonus for winning the F1 title but, in his next contract, he wants t💝he extra £15m guarant🐼eed, the newspaper reports.
Hamilton wants a “long-term” contract but Mercedes’🔴 preference is to only offer him one year with the option o🌳f a second year.
And Mercedes are “not prepared” to agree to Hamilton’s wish for a 10-year ambassadorial role, after his🌞 F1 career ends, which would be worth £10m per year.

Neither Hamil🍬ton nor Mercedes “wants the relat🎃ionship to end”, it is reported.
But the se꧙ven-time F1 champion must꧋ “lower his demands to get a deal signed”.
The Mail described Hamilton and Mercedes’ current negotiatingཧ position as “widely contrast🗹ing”.
However, Sky broadcaster David Croft believes that Hamilton and Mercedes could announce t💞hei♕r new agreement at next month’s F1 British Grand Prix.

Jame൩s was a sports journalist at Sky Sports for a decade covering everything from American sports𓂃, to football, to F1.