Roger Penske, who owns rights to the Indy Car series and team owner in various racing teams worldwide, is in the picture too, but he denied such claims saying that his “plate is full” at the moment. “The new contract has still not been signed,” Schumacher told Sky Germany. Heading into the 2020 campaign it seemed like a formality that Hamilton would be handed a new deal at Mercedes pretty early into the season. F1 is hanging in the balance as well due to the issue at hand. #icwp_wpsf_login_p5fa3a457ebec4 input { The future of Lewis Hamilton in Mercedes F1 Authentics sells retired F1® race cars and show cars from teams & drivers including Mclaren, Mercedes AMG, Renault, & more. display: block;

Mercedes boss Toto Wolff has strongly denied those rumours that Daimler are looking to sell a majority stake in their F1 team to Ineos, while he also maintained that the delay on Hamilton’s new deal was just because they haven’t had time to dig the old contract out. Hi, we noticed you’re in Netherlands. “It must be this season. Call (866) 795-9995 for more information. “We keep it pretty loose, and at a certain stage we’ve already said we’ve got to sit down and take the old contract out that we haven’t looked at since three years ago and say ‘okay, what do we want to change in that?’”. The agreement inked in 2013 stipulates the terms of F1 races, distribution of TV revenues and division of prize money. Stichd Sportmerchandising B.V. Reg. I can only assess the situation like this: there is a rumour that Mercedes wants to sell its team by the end of next year. “Having said that, I’m pretty sure it’s going to continue like it is. } After 2020, the Mercedes F1 team is targeting to limit its role in F1 as a constructor and engine supplier. The uncertainty that hovers over the team is certainly a good reason why the negotiations between him and the team are taking so long and are still not final.”, In love with the W11, — Mercedes-AMG F1 (@MercedesAMGF1) September 22, 2020, Head on over to the Formula 1 store for all your official Lewis Hamilton merchandise. Date published: September 24 2020 Ex-F1 driver Ralf Schumacher says a possible sale of the Mercedes team and Lewis Hamilton’s multi-year demands could … We also share information about your use of our site with our social media, advertising and analytics partners. According to F1 Insider, another reason for the sale, besides the new position offered to Wolff, is the plan of Mercedes to leave its daily F1 commitments by the end of the present Concorde Agreement that binds the Fédération Internationale de l’Automobile (FIA), the F1 teams and the F1 Group. Follow his Facebook page at and Twitter @giancarloperlas. He added, “The sport could also be in

of a fun experience.”, Dad, nerd, loves cars, video games, MMA, and his only daughter. clear: both; Would you like to switch to our Netherlands store? However, he said that he wants to know the decision of Wolff first before entering into a new deal with the team. Copyright © 2020 Mercedes-AMG Petronas Formula One Team. margin-right: 5px; Official Mercedes-AMG Petronas F1 Team merchandise, including Mercedes F1 Team Caps, Jackets, Tees & Gifts from the Official F1 Team Store

Despite that, the current Drivers’ Champion expressed his #icwp_wpsf_login_p5fa3a457ebec4label {

“With the intensity of this season we just didn’t have the time to spend the day properly with each other because you want to recover in those days between. a good place with someone like him running it but I don’t know if that’s more He would be the overwhelming favourite to wrap up World Championship number eight. }, – A Mercedes-Benz Fan Blog, Hamilton’s F1 contract is set to expire by the end of 2020, Mercedes-Benz G-Class Gets a More Luxurious Facelift From Carlex Design, Brabus Mercedes-AMG GT 63 S Outshines the Black Series with Its Near 900 HP Output, Mercedes-Benz GLE and GLS Recalled Over Defective Illuminated Logos, Mercedes-Benz EQS Overtakes the EQC’s US Market Arrival, Mercedes-Benz EQC 4×4 Squared Electric Off-Roader Unveiled, New Mercedes-Benz E-Class Long Wheelbase Debuts at 2020 Beijing Auto Show, Spied: Two All-Electric Mercedes-Benz EQS Plus the EQE and EQS SUV. You can’t start a new year without knowing what your driver line-up is,” he told Channel 4 when asked for the deadline for a new Hamilton contract. border-radius: 2px; padding: 6px 8px 4px 10px; margin: 0 0 12px !important; “Lewis is an important figure at Mercedes and certainly a very expensive one. Amid the stories that Mercedes AMG Petronas boss Toto Wolff According to F1 Insider, another reason for the sale, besides the new position offered to Wolff, is the plan of Mercedes to leave its daily F1 commitments by the end of the present Concorde Agreement that binds the Fédération Internationale de l’Automobile (FIA), the F1 teams and the F1 Group. More info can be found here. Meanwhile, as Hamilton’s F1 contract is set to expire by the end of 2020, he has indicated that he wants to stay with the team beyond that season. One of the revealed big names interested in buying the team is the wealthy Mazepin family in Russia, whose member Nikita Mazepin is a driver in Formula 2.

background-color: #f9f9f9; } “Of course, this uncertainty also has consequences as it freezes such future decisions. border: 1px solid #dddddd; View all posts by Giancarlo Perlas →, Top 4 Things You Need To Know About The Denza X, A Look at the Top 3 Luxurious Features of the Mercedes-Maybach GLS, #icwp_wpsf_login_p5fa3a457ebec4 { support on whatever decision Wolff makes. All Rights Reserved. After all, he has won five World Championships with the team and is on his way to a sixth with the dominant Silver Arrows. This rumour persists in the paddock. On Friday, nearly three months after they made that news public, the team said Dorilton Capital would be their new owners, marking “the beginning of an exciting new era in the history of Williams” with the team “now well positioned to capitalise upon the seeping rule changes coming into Formula 1 with the new Concorde Agreement” for 2021.

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