Why was Hamilton late in renewing his contract with Mercedes?
Negotiations to extend the contract between the Mercedes team and its British driver, Lewis Hamilton, are in place, although many sources have revealed on previous occasions that the agreement between the two parties has been settled, as Hamilton himself indicated that he does not intend to leave the team, after the Spain stage, in the round before last. of the Formula 1 World Championship.
And the French “Eurosport” website revealed, on Monday, that the delay in the official announcement of resolving the file and officially extending the contract is mainly due to a difference in the financial aspects of the new contract, as Hamilton, the world champion 7 times, aspires to achieve additional gains that make him close to the amount he gets. It is Max Verstappen, who leads the driver rankings in terms of the financial returns guaranteed by his contract with his Red Bull team.
And the French site revealed that the decline in Hamilton’s revenues compared to Verstappen is due to the fact that part of the financial dues is linked to the results he achieves throughout the season, and given the difficulties that the Mercedes team has faced since last season and its inability to achieve victories, Hamilton loses a lot due to the weakness of the car, and that is why he wants to replace this car. Conditions, grants become fixed and not linked to results.
Hamilton’s contract with Mercedes expires at the end of this year, and although his name was associated with the Ferrari team in some periods or retirement, he confirmed that he will continue the activity and does not think of retiring now, just as he does not think of leaving Mercedes, despite the difficulties faced by the 7-time world champion.
2023-06-26 16:27:00
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