This season is for Lewis Hamilton last year in his current contract with the team Mercedeswho pays him £ 32 million a year. At the end of the season, this contract expires, and when negotiating a new one, it is clearly stuck in the area of money.
Because Hamilton wishes to extend its cooperation with Mercedes, but requires for this purpose £ 40 million per year for a period of two or three years. But Mercedes he is unwilling to pay that amount. Vir close Tota Wolff, the head of the Silver Arrows team, is for a British newspaper Daily Mail said: “Toto told people around him that he was willing to go up to about £ 20 million." Mercedes the offer is lower than Hamilton’s current salary, but Wolff claims that we all live in a new world now. Like many other car manufacturers around the world, it is Mercedes forced to tighten the belt due to a coronavirus pandemic.
However, it seems to be for Wolff's the offer hides more than just a pandemic. It will take effect next season budget ceiling, which will Mercedes forced v dismissal of employees. But the salaries of racers at the time are not covered by the budget ceiling - for now. Wolff is working with colleagues to introduce a cap on the wages of racers £ 20 million. Nevertheless, the silver arrow boss made it clear that he wanted to continue working with Hamilton also in the future. When asked why he has not yet announced the signing of the contract, he did Wolff na Red Bull Ringu replied that it was only a matter of time and expected the Briton to sign soon.
"I think this is simply based on the fact that we haven’t seen each other much, so we will continue the discussion with both racers as we cultivate a lot of confidence in both. You could say that trust in Formula 1 does not mean much - in our team for sure. I anticipate that we will take the next steps soon, but I don’t want to commit to any timeline because I don’t want to answer questions every weekend about why we haven’t signed a contract yet. We are in no hurry here. We all want to do this and when the time comes, we will announce it," so Wolff, which could, despite the desire to continue with Hamilton in case the Briton insists on the amount £ 40 million, decided maybe for Vettel. If not him, then certainly the leading floor of the concern Daimler.