Is Lewis Hamilton still demanding a salary increase in 2024 contract?

Lewis Hamilton’s contract with Mercedes is set to expire at the end of the season, with negotiations still ongoing between the two sides.

Lewis Hamilton’s contract extension with Mercedes is reportedly in its final stages, with an announcement due in the coming weeks.

 The seven-time Formula One World Champion’s current deal with the team expires at the end of this season, and negotiations for his future have been ongoing with only glimpses at the progress being mate.

According to Sky Sports F1’s David Croft, the details are being ironed out as Hamilton and Mercedes express their desire to continue their partnership. 

“The devil is in the detail. Lewis wants to stay at Mercedes. Mercedes want to stay with him. It will get done,” Croft said. 

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He explained that the agreement is likely not solely focused on financial terms but also on supporting the Hamilton commission and exploring future collaborations, including potential ambassadorial roles.

Croft explained: “It won’t be about money; it will be about support for the Hamilton commission, support with the various things Lewis wants to do – tie-ups in the future, maybe an ambassadorial role. 

“There will be lots of different things that need sorting out, but it will get done. It wouldn’t surprise me if it gets done at Silverstone; that would be a logical thing.”

Mercedes Team Principal, Toto Wolff, previously indicated that discussions regarding Hamilton’s contract extension were nearing their conclusion, mentioning: “We are talking more days than weeks.” 

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However, ahead of the Canadian Grand Prix, Hamilton shed light on the complexities of the negotiations.

“We had a good meeting just recently. They are very complex contracts. It’s not just a simple driving contract,” Hamilton revealed. 

Despite the intricacies involved, Hamilton expressed his intention to continue racing with Mercedes for a significant period. 

“Right now, I’m planning to be here and racing for a decent chunk of time,” Hamilton stated. 

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“You have just got to explore all avenues in the sense of how you can continue to expand your partnership with such a great organisation. It’s not as easy as just saying ‘go ahead,’ and I don’t have to be in a rush.”

Hamilton also underscored the strong relationship he shares with Mercedes, affirming that multiple discussions have taken place. 

“We have talked several times. We have a great relationship. It will get done when it’s done. If that’s next week, in a month’s time, as long as it’s done, I’m not really bothered,” Hamilton explained.