Mercedes and Lewis Hamilton are yet to ink a new contract which will see them continue to race together in 2021 and beyond, but a breakthrough could be on the horizon according to reports from Italy. Last week, the Rome-based Corriere dello Sport newspaper reported that Daimler, Mercedes’ parent company, had blocked a $50 million
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Lewis Hamilton is now officially a free agent, with his most recent Mercedes contract expiring at the end of 2020 and the seven-time F1 World Champion yet to agree a new deal with the Silver Arrows. Hamilton and Mercedes have previously insisted that there is no reason for them not to continue their journey together,
MoreLewis Hamilton might not extend his contract with the Mercedes F1 team until after the 2020 season, despite reports previously suggesting he had signed a £120 million contract “in principle”. German broadcaster RTL has reported that Hamilton and the team decided to postpone contract negotiations until after the end of the season, and team principal
MoreEarlier this month, F1 pundit and former team owner Eddie Jordan claimed that Ineos was poised to purchase the Mercedes F1 team. Specifically, he said they are looking to purchase a 70-percent stake for circa £700 million and suggested that team principal Toto Wolff will depart the Brackley-based racing outfit following the takeover and rebrand.
MoreMercedes F1 team principal Toto Wolff has dismissed a story broken by the Mail on Sunday which claims petrochemical giant Ineos is close to buying a large stake in the team. Former F1 team owner Eddie Jordan told the British tabloid that the company, which announced a multi-year sponsorship deal with the Mercedes F1 team
MoreThe Mercedes Formula One team is set to be rebranded, with chemicals giant Ineos reportedly agreeing to purchase a majority stake in the Brackley-based constructor for £700 million. Specifically, according to ex-F1 team owner Eddie Jordan, Ineos will purchase a 70-percent stake in the Mercedes F1 team. READ: Sebastian Vettel Says Lewis Hamilton ‘Will Never
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