Formula 1 Only being offered an additional year
There have only been 12 days in January and Lewis Hamilton is technically not contractually bound to a single F1 team, and both he and Mercedes have reached an impasse over his contract extension.
In what has been a long-running saga with even suggestions that the defending World Champion may wish to retire, Mercedes have yet to confirm who will be their driver alongside Valtteri Bottas in the 2021 season.
According to information obtained by Dutch newspaper De Telegraaf, negotiations between the two parties haven’t been easy at all.
The newspaper is reporting that Mercedes is only willing to offer Hamilton a one-year contract extension, whilst he is keen on securing another multi-year agreement, between three and four years.
George Russell’s exceptional performance at the Sakhir GP is reportedly being used as leverage by Mercedes to put pressure on Hamilton to lower his demands.
Russell stood in for Hamilton in one Grand Prix when the veteran was down with COVID-19, and the youngster performed excellently and should have won the race, only for a puncture to cost him dearly.
“I’m not concerned at all, because I will always respect Lewis’ decisions, whether he stays with us for a long time or he retires to do different things,” explained team principal, Toto Wolff in an interview with motorsport.com.
“I think we have to be prepared for all the bumps that come our way.”