Lewis Hamilton is “close” to signing a new three-year Mercedes deal that will be worth a pretty cool £120million to the British driver.

Although it was initially thought that Hamilton’s future would be resolved early this season, the pandemic meant talks between Hamilton and motorsport boss Toto Wolff were put on the back burner.

Wolff said at the time that he would begin negotiating with the Brit when the season finally gets underway.

However, starting with three triple-headers there wasn’t a lot of time for chats which led to speculation that Hamilton is considering his options as rumours of Daimler’s exit from Formula 1 continue.

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