Hamilton signs £40 million-a-year Mercedes deal

(FASTNEWS|COLOMBO) – World champion Lewis Hamilton will race for Mercedes in Formula 1 for at least a further two seasons.

The 33-year-old Briton has signed a new contract with the German manufacturer that lasts until the end of 2020.

Hamilton will earn at least £30m a year, rising to a maximum of £40m, depending on bonuses.