The Mercedes-Hamilton saga has finally come to an end, as Mercedes have made the official announcement of Hamilton’s contract extension.
Before the season started, both Hamilton and Wolff had clearly stated that Lewis was certain to continue with Mercedes and that an announcement was just around the corner.
However, with so many races already done this season, and with all the ‘driver trade rumours’ circling in, it started to seem if there was an issue between Mercedes and Hamilton.
All those rumours have been quashed by Mercedes, as they have now made the official announcement of a two year contract for Hamilton.
— Mercedes-AMG F1 (@MercedesAMGF1) July 19, 2018
“Mercedes-AMG Petronas Motorsport and Lewis Hamilton today announced the agreement of a two-year contract extension for the 2019 and 2020 Formula One seasons” the Mercedes statement read.
Lewis Hamilton in his statement admitted that the contract extension announcement extension was a mere formality as Wolff and Hamilton had already reached an agreement during the winter.
This contract extension has basically been a formality since Toto 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.”
“We are on the same wavelength both on and off track – and I am looking forward to winning more in the future and shining even more light on the three-pointed star. 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 – from Dr Zetsche and the board members at the top of Daimler, through Toto and the team management, to every single person I meet in the corridors of Brixworth and Brackley.”
“The competitive passion that burns bright inside me is shared by every single member of this group – always chasing the next improvement and digging even deeper to make sure we come out on top. I can’t wait to see what we can achieve together in the next two-and-a-half seasons.” Hamilton said.
Toto Wolff was relieved that all the contract talk was now out of the way and that Mercedes and Hamilton could now fully concentrate on the season at hand.
“We have been aligned with Lewis ever since we first sat down to discuss the details of this contract after last season, but there has understandably been a lot of interest and speculation around the whole process, so it’s good to put all of that to rest and get this thing announced.”
“We signed the final documents this week and didn’t want to keep people waiting any longer! There is not much about Lewis as a Formula One driver that hasn’t been said already – he is one of the all-time greats and his track record speaks for itself.”
“But what I enjoy most about working with him is getting to know the man inside the racing helmet: his relentless drive for self-improvement, his emotional intelligence as a team member and his loyalty to those around him.”
“Mercedes has become Lewis’ home in Formula One and his story is linked forever with the silver and green of Mercedes-AMG Petronas. I am very confident that we have some incredible chapters of our story together still to come.” Wolff said.
The deal is expected to be worth around $170 million, which would make it the most expensive F1 deal in history