Toto Wolff provides Lewis Hamilton Mercedes contract update after seventh F1 world title

Toto Wolff is confident Lewis Hamilton will extend his contract with Mercedes. Hamilton claimed a record-equalling seventh Formula One Drivers Championship last Sunday with victory in the Turkish Grand Prix.

The Brit’s historic achievement – which saw him go level with Michael Schumacher for the most championship victories – was somewhat overshadowed by his contractual situation.

Hamilton’s current deal with Mercedes is set to expire at the end of December, although exploratory talks over an extension have been held.

Wolff isn’t at all concerned by the ticking clock and is confident Hamilton will renew his deal with the German outfit.

“He loves racing and the competition, as does the team,” Wolff. “If we didn’t have the competition against the stopwatch then life would not be as fun.

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I see us going for more next year

Toto Wolff on Lewis Hamilton’s contractual situation with Mercedes

“So I see us going for more next year, putting another great year on, and then we have this tremendously challenging regulations change for 2022 so we will go for a while.”

Wolff does, however, believe Mercedes’ outlay to secure Hamilton’s services will have to increase following his historic record-equalling championship.

“It just got really more expensive today,” Wolff admitted. “More than likely we are looking towards the end of the year.

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“It’s not that we wouldn’t find time for each other, but I don’t want to put ourselves under pressure to say ‘before Bahrain’, or ‘before Abu Dhabi’ that we will announce a new contract.

“There isn’t any pressure. When it’s done, it’s done.”

The magnitude of Hamilton’s momentous achievement hasn’t gone unnoticed by Wolff, who believes the 35-year-old’s latest triumph has cemented his status an “all-time” great.

“He ranks in terms of his record on Michael’s level in terms of drivers’ championships, while he is the absolute record holder with pole positions and race victories,” acknowledged Wolff.

“Today he kind of cemented his position among the all-time best sportspeople in the world.

“His driving was impeccable. There was not one thing, not one foot he put wrong, whereas everybody else did, and with a car that was, [given the] interaction with the tyres, not the best car.”

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