World champion Lewis Hamilton will race for Mercedes in Formula 1 for at least a further two seasons. The 33-year-old Briton has signed a new contract with the German manufacturer that lasts until the end of 2020. BBC Sport understands Hamilton will earn at least £30m a year, rising to a maximum of £40m, depending on bonuses. Hamilton said a new contact had been "a formality" since he sat down with Mercedes F1 boss Toto Wolff to begin discussions last winter. He said: "It's good to put pen to paper, announce it and then get on with business as usual. There is not much about Lewis that hasn't been said already - he is one of the all-time greats and his track record...
Full Story »