F1 Champion Lewis Hamilton has shut down rumours that he is arguing with Mercedes about renewing his contract which expires at the end of the 2020 season.
Reports by Republic suggested that Lewis Hamilton was demanding a $60 million per year salary should he stay with Mercedes but Mercedes were only willing to offer #50 million a year up until the end of 2022 season.
There has been a lot of speculation that Hamilton may be looking to leave Mercedes as the Mercedes works team is rumoured to be” sold and rebranded as Aston Martin for 2021″ according to Gand Prix.com.
The speculations of Hamilton’s supposed departure from Mercedes were only heightened by Red Bull’s Dr Helmut Marko who told Auto Bild the following when asked about Hamilton’s salary demands:
“I believe that no team, not even Mercedes, will be willing to spend such sums on a driver. Maybe Ferrari,”
The six-time F1 champion took to Instagram to respond to the rumours of his salary negotiations with Mercedes as being false as he posted the following:
“FYI Toto [Wolff] and I have not even spoken about [the] contract yet.”
“Nothing is being negotiated currently, papers [are] making up stories.”
With Max Verstappen and Charles Leclerc on long term contracts with Red Bull and Ferrari, a move by Hamilton to either camp seems highly unlikely.