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Hamilton set for $55 million per year deal with Mercedes

The end of reigning world champion Lewis Hamilton's protracted negotiations with Mercedes regarding a new contract beyond 2015 may finally be close to conclusion with the Briton on course for a $55 million per year deal. The reigning world champion has conducted his own talks with the German marque, amid swirling rumours of contact with Ferrari, and reports Hamilton recently bought one of the Maranello marque's rare and expensive LaFerrari supercars. But the 30-year-old Briton told Sky Sports on Tuesday that he is hoping his new deal will finally be done before this weekend's Malaysian grand prix — a home race for Mercedes' title sponsor Petronas. 'I mean, it's going back (and...
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