Hamilton's contract talks with Mercedes in 'final stages'

Lewis Hamilton is close to agreeing a deal to stay at Mercedes beyond 2015, when his current deal expires.

Negotiating his own deal for the first time in his career, having dropped Simon Fuller's management company, the new contract for 2016 and beyond is close to being finalised.

He said reports he is demanding a staggering $1.5 million per week are "rubbish", but hinted that his new deal might make him clearly the best paid driver in F1.

"It's not about status and being the best paid because you're world champion," said Hamilton, who turned 30 in January. "It's just a natural thing.

"It's gradual progressions along with the team. As the team progress, I want to as well. My target, like every driver is to work towards being the best."

The talks have been protracted, and were delayed during last season's title fight with teammate Nico Rosberg, but Hamilton suggests the end may now be near.

"Hopefully we're in the final stages," he said. "I don't really know what the timeline is but we're very much in the last stages of it."

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About this article
Series Formula 1
Drivers Lewis Hamilton , Nico Rosberg
Article type Breaking news
Tags 2016 contract, mercedes