Formula 1 World champion is technically without a team
AFP
Lewis Hamilton in Mercedes has a winning partnership in Formula 1 the past few years, but the contact with the English manager with the team expired when 2020 became 2021.
He allegedly wanted a four-year deal worth $ 50 million a year and it was approved by Toto Wollf, but Daimler CEO Ola Kallenius stopped it.
According to Il Corriere Sport, which reports Daimler, the parent company behind Mercedes AMG F1, do not want to give Hamilton such a long agreement.
With Hamilton to become 36 in January, they just want to offer a two-year contract with an option for the third year.
This means that the seven-time world champion does not currently have a team. The new deadline for him to then renew would be before the test in Barcelona, which starts on March 2.
Meanwhile, there are other reports claiming Hamilton wants a three-year deal worth $ 70 million a year. However, this would not be feasible Mercedes 20 percent of staff have to cut back due to poor sales results after the coronavirus pandemic.