KEY POINTS

  • Mercedes refuses to comment on rumors about Lewis Hamilton's contract negotiations 
  • Reports say the seven-time F1 champ demands for a long-term deal 
  • Team principal is confident a deal will be reached before the 2021 season begins

Lewis Hamilton’s contract wrangle with Mercedes continues to make headlines, with the Silver Arrows refusing to provide an update as speculation mounts about the reasons for the delay.

Both parties are almost certain that they will continue their partnership in 2021 although there is no indication that Hamilton is close to putting his signature on the dotted line.

Earlier in the week, Formula1News reported that Hamilton’s demand for a fresh multi-year deal was the sticking point, with Mercedes said to be only willing to offer the seven-time world champion a one-year extension.

Another conundrum holding the deal back is Hamilton’s request for a salary increase, which will see him remain the highest paid star in the sport.

The German carmaker has refused to confirm or deny the rumors about a disagreement between its star driver and team management.

Mercedes also made it clear that its refusal is in no way an acceptance of the speculations about the length of the contract on offer.

Team principal Toto Wolff insisted recently that there is no pressure on the team to reach an agreement. The Austrian executive is quite certain that the Briton will put pen to paper before the start of the 2021 season.

However, Wolff admitted that the team is preparing itself for any "curveball" Hamilton may throw at them--even if it is a sudden decision to walk away from F1 to pursue other interests.

Back in business: Lewis Hamilton will race in the season-ending Abu Dhabi Grand Prix
Back in business: Lewis Hamilton will race in the season-ending Abu Dhabi Grand Prix POOL / Giuseppe CACACE