Mercedes intends to renew with Lewis Hamilton, who only has one more year left on his contract, and will have offered the British driver the possibility of extending the contract for two more seasons. His salary would rise to 71 million euros per season.
According to Sportune, Hamilton, 38, would see his annual salary increase from 46 million euros to 71 million euros.
This offer would also include the possibility of being a Mercedes ambassador for 10 years after finishing his racing career.
Rumors have been swirling about Hamilton’s future after the Briton has had a far-from-usual season because he has failed to take any wins. However, Mercedes does not seem willing to give up the driver.