LEWIS HAMILTON has signed a bumper new one-year £40million Mercedes contract which is over double his highest paid rival Max Verstappen’s annual wage. The Brit, who had been out of contract since January 1, has committed to Mercedes for 12 more months. Hamilton, 36, will go into his 15th season in F1 looking to win a record eighth world title – surpassing the joint-record he currently holds with Michael Schumacher. Hamilton already holds the record for the most wins (95), pole positions (98) and podium finishes (165). Mercedes say the new deal will ‘form of a joint charitable foundation, which will have the mission of supporting greater diversity and inclusion in all its forms in motorsport’. Hamilton said: “I am excited to be heading into my ninth season with my Mercedes team-mates.
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