“I’m very confident that Mercedes is the right place to be over the coming years. Although we have enjoyed so much success together since 2013, Mercedes is hungrier than ever,” said Hamilton.
“This contract extension has basically been a formality since Toto [Wolff] and I sat down during the winter, so it’s good to put pen to paper, announce it and then get on with business as usual. I have been part of the Mercedes racing family for 20 years and I have never been happier inside a team than I am right now,” Hamilton added.
The deal would help Hamilton, the reigning F1 world champion maintain his status as the highest-paid British sportsman in the World.
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