Lewis Hamilton, the seven-times world champion, has finally signed a new one-year deal with Mercedes.
This news comes after prolonged negotiations with Mercedes that has finally ended with him penning his signature to a new contract.
The one-year deal is a deviation from the usual 2-year contracts that he used to sign at Mercedes. This, as reported from a source in Mercedes, is to give both Hamilton and Mercedes flexibility.
Hamilton has been championing for more diversity in F1 and has made Mercedes commit to the new contract, to find a charitable foundation to promote diversity in the sport.
This new deal seems to tell the near future exit of Hamilton from F1 as the 36-year-old look at other interest.
Although it looks like the end of Hamilton with the company, does not necessarily mean that his new interest will not be intertwined, with Mercedes.
This new contract sees that Hamilton and his teammate Valtteri Bottas contracts ending in December.
This will provide an opportunity with Mercedes’s prodigy Briton George Russell a chance to show his ability in a better car.
George Russell has been in a 3-year deal with Rokit William’s and is in his last year.
He is viewed as the future of Mercedes as he is only 22years of age. He recently had a go in the Mercedes car after the Hamilton contracted coronavirus during the December Sakhir Grand Prix.
Red Bull’s Max Verstappen is another strong contender to drive for Mercedes once Hamilton retires.
F1 is ready to undergo massive regulation changes as it seeks to reduce the gap between the big teams such as Mercedes, Red Bull and Ferrari to the smaller teams with small budgets.
This will improve competition in the sport. The sport is heavily reliant on the equipment which is the car and well-developed cars will always win.