Lewis Hamilton is set to sign a £100million deal to stay at Mercedes - the biggest in British sporting history.
The
30-year-old will end almost 12 months of speculation with a new
three-year deal that will tie him to the German car giant until the end
of 2018.
Two-time F1 world champion Hamilton
will be earning just over £30m a year plus bonuses, although he will
still trail behind track rival Sebastian Vettel who signed a £50
million deal with F1’s biggest-payers Ferrari.
Hamilton
negotiated the contract himself, a process he described as a “pain in
the a**”, and it is expected to to be announced in the
multi-millionaire’s playground of Monte Carlo - where he lives - before
the Grand Prix there on May 24.
Talks were expected, initially,
to be completed last December, but part of the delay is thought to have
surrounded Hamilton’s desire to control his own image, including a
clothing range and jewellery.
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