Hamilton concludes new Mercedes F1 deal

World champion Lewis Hamilton will stay on at the Mercedes Formula 1 team after finally concluding a deal with the German squad.

After months of delays, the reigning world champion team announced on Wednesday that Hamilton has signed a new agreement that will keep him on board, ending speculation linking him to a Ferrari switch.

The new deal is for three years and until the end of 2018.

"Mercedes is my home and I couldn't be happier to be staying here for another three years," said Hamilton.

"This is a company filled with real passionate racers, from the board room to the factory floor, and an incredible hunger to win.

"Even after the success of last year, that hunger is greater than ever - and it's the same for me, too. The Mercedes car I am driving right now is the best I have ever had in my career; it's just so much fun to be out there every weekend, on the limit and fighting to win at every track.

"Mercedes-Benz began supporting me in 1998 so I am very proud that this contract means I will mark 20 years with Mercedes in 2018."

Hamilton joined Mercedes from McLaren for the start of the 2013 season, and he has taken 15 wins and 16 pole positions with the Brackley-based team so far.

The Briton took his second title last year, and is currently leading the championship from teammate Nico Rosberg by 20 points having won the first three of four grands prix of 2015.

"Continuity is one of the key factors for delivering success in Formula 1 and we now have that in place," said Mercedes boss Toto Wolff.

"Lewis enjoyed an historic world championship season with Mercedes-Benz last year and it was a priority for this season to renew his contract for the next term.

"We have taken the right amount of time with the process and not rushed ourselves. The result is a strong agreement that will enhance Lewis' association with the Mercedes-Benz brand, and that recognises and respects the market value of Lewis and of Mercedes in Formula 1.

"Lewis' sporting track record speaks for itself and he is a great personality for the company. Personally, I am looking forward to continuing to race with the strongest driver pairing in Formula 1 and to more historic achievements together."



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About this article
Series Formula 1
Drivers Lewis Hamilton
Teams Mercedes
Article type Breaking news