Lewis Hamilton set to sign astonishing £120MILLION Mercedes deal – the biggest contract in British sporting history

LEWIS HAMILTON is predicted to sign a mega £120MILLION Mercedes deal this week — the biggest contract in British sporting history.

The Formula One world champion will earn £40m a yr over the first two years of the new settlement, whereas he additionally has the choice of a 3rd yr.

 Hamilton is a four-time Formula One world champion

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Hamilton is a 4-time Formula One world champion

It means the Brit, 33, will earn a staggering £770,000 every week.

Merc chief Toto Wolff is eager to seal the deal earlier than Sunday’s season-opening Grand Prix in Melbourne.

Hamilton is Britain’s most profitable F1 driver with 4 world titles.

However he admitted he nonetheless asks himself at the begin of each season whether or not he can nonetheless do it at the prime degree.

 Hamilton won his first World Championship title with McLaren in 2008

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Hamilton gained his first World Championship title with McLaren in 2008

Hamilton stated: “I nonetheless love racing, I nonetheless love the problem of yearly getting myself in form.

“However I all the time have this query of if I can nonetheless drive earlier than I get to the first check — can I nonetheless do it? Do I nonetheless have it? I really like that unknown.

“Individuals say ‘it’s by no means gonna go’ however perhaps one yr you don’t really feel good in the automotive — so I’m all the time excited by that.

“At the finish of the season in fact I’m questioning to myself ‘do I would like to maintain racing?’ I’ve to ask myself that, for positive.”

 Hamilton in action at the Circuit de Catalunya

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Hamilton in motion at the Circuit de Catalunya

Reigning champion Hamilton has been in dialogue for months with Mercedes’ bosses.

But former racer and Channel four presenter David Coulthard says the maintain-up was due to two issues – working days and cash.

He stated: “The delay is uncommon in as a lot as when usually when two events need to work collectively, they get the paperwork carried out and put to one aspect.

“The low season is the greatest time to do this as a result of in season you’re busy making an attempt to set up the automotive and deal with sponsors and companions, so that’s simply one other factor to take a look at for the schedule.

 Hamilton would rake in a truly astonishing £770,000-per-week

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Hamilton would rake in a very astonishing £770,000-per-week

“Lewis has the confidence to know that they each need it and as ever the essential particulars of the contract delay might be two issues.

“How rather more freedom he has in his new contract and the way might days he has to work when he’s not at the racetrack.

“And the second factor is the cost as a result of all the different phrases and circumstances — respecting Mercedes and never saying something unfavourable issues about the companions — all of that’s largely the similar as we now have had for 20 or 30 years.”

 Hamilton recently became a Global Ambassador for Tommy Hilfiger

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Hamilton lately turned a International Ambassador for Tommy Hilfiger

LEWIS HAMILTON is predicted to sign a mega £120MILLION Mercedes deal this week — the biggest contract in British sporting history.

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