Hamilton and Mercedes finally agree to new two-year deal!

Hamilton and Mercedes finally agree to new two-year deal!

Hamilton and Mercedes finally agree to new two-year deal!

Having suggested in the aftermath of the British Grand Prix that the first lap clash with Kimi Raikkonen was deliberate and that it represented "interesting tactics" from Ferrari - a claim subsequently backed-up by members of his team - Lewis Hamilton subsequently withdrew the remark.

The news comes just a day after the announcement of Lewis Hamilton's two-year extension, and gives the team valuable continuity until the final season of the current rules package.

Which means the now four-time world champion will be racing in Merc overalls until the end of 2020, which will be his longest ever stint with a single team in the sport.

Hamilton's stoppage was met with huge cheers in the grandstands and opened a huge opportunity for reigning championship leader Sebastian Vettel, who grew up just down the road from Hockenheim, to strike another blow in this year's title fight.

"Mercedes has become Lewis' home in Formula 1 and his story is linked forever with the silver and green of Mercedes-AMG", he added.

Lewis Hamilton has signed a new two-year deal with Mercedes reported to be worth £40m, which would make him Britain's highest paid sportsperson.

Team boss Toto Wolff was pleased to have got the business of his driver lineup sorted early.

"I know the track well here, I know the people that work for it and they are working very hard for the event to get people coming here and it's tough for them to actually make some money", he said.

"My mental focus of what I want to do and achieve in this team with them, which I'm not going to elaborate on, but I'm excited about this journey over the next couple of years".

"I hadn't thought about [Renault catching Red Bull]".

Hamilton's new contract goes to the end of the Concorde Agreement, with a new set of rules and regulations for F1 set for 2021 onward.

The world champion is set to start 14th, provided Mercedes do not uncover further damage to his auto which may trigger a demotion to the back row alongside Red Bull's Daniel Ricciardo.

"It's been great and I'm really happy with the process".

"This is something I've never seen from him before". In total, he has 61 Formula One wins over the course of his career, second only to Michael Schumacher.

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