Date:Thursday June 14 2012
Both McLaren chairman Ron Dennis and team principal Martin Whitmarsh remain hopeful that Lewis Hamilton will remain with the team beyond the end of the season.
Contract talks remain ongoing, with Hamilton's representatives keen to strike the most lucrative deal possible, whilst McLaren are obviously keen to strike a balance between a competitive contract and keeping their star driver happy.
It had been previously reported that McLaren were set to offer Lewis Hamilton a mega £20million per season contract to remain with the team, which would actually be an improvement on his current five-year £15million per season contract which expires at the end of the 2012 Formula One World Championship.
The Daily Telegraph believed the finer details of that offer were yet to be finalised and could prove to be a sticking point as there will be a lot of negotiations regarding Hamiltonís commercial rights.
Hamiltonís management company XIX Entertainment will argue for more free-time for Hamilton to be able promote his own brands and projects, while McLaren will argue that Hamilton has his own team sponsorship commitments to fulfil.
One way around this could be a lower basic salary to represent this agreement, or Hamilton's team could look to see if other teams were prepared to match his demands to try and budge McLaren's offer.
That would appear to be the stand-off we currently have, with McLaren certainly indicating that they are not willing to pay over the odds to keep the 2008 Formula One World Champion.
'It's a complex situation. He's on the end of a contract which was signed at a time when the economy was somewhat different and now there has to be a balance between that.' McLaren Chairman Ron Dennis told Sky Sports after Hamilton's win in Canada.
He added: 'At the end of the day, hopefully, the fact that he's been part of this team from the beginning of his career will pay a significant role in whatever decisions both sides make. But it's a little early to be talking about it.'
Hamilton has of course grown up around the team since he was a 13-year-old and leaving the team and everything he has ever known would be tough, but that hasn't put a stop to the media and paddock rumours linking him with Red Bull, Ferrari and Mercedes.
Those links to other teams might still prove crucial as Hamilton's representatives and McLaren team bosses try and thrash out a new deal.
But while speculation has been rife in the paddock, Whitmarsh remains confident that both parties will eventually come together to agree new terms.
'There's much more speculation outside of the team than inside the team,' McLaren chief Martin Whitmarsh added when also speaking to Sky.
He continued: 'I think we're focused on winning the races and winning a championship. I think it's very clear that we enjoy working with Lewis. I think Lewis enjoys being in this team.
'So we have full expectation of that continuing.'
Date:Thursday June 14 2012
Ferrari speculation affecting Bottas (Monday August 3 2015)
Does Ferrari's Raikkonen option expire today? (Friday July 31 2015)
Double podium for Red Bull Racing (Thursday July 30 2015)
Vettel dedicates victory to Bianchi (Wednesday July 29 2015)
Vital talking point: Hungary - Merc stalling? (Tuesday July 28 2015)
Blog: Hungarian GP Report (Monday July 27 2015)
2015 Hungary GP - Race (Sunday July 26 2015)
Blog: Hungaroring Qualifying (Saturday July 25 2015)
2015 Hungary GP - Qualifying (Saturday July 25 2015)
2015 Hungary GP - FP3 (Saturday July 25 2015)
2015 - Hungary GP - FP2 (Friday July 24 2015)
2015 - Hungary GP - FP1 (Friday July 24 2015)
They will continue to race hard for Bianchi (Thursday July 23 2015)
Drivers mourn at Bianchi's funeral (Wednesday July 22 2015)
Blog: Hungaroring Preview (Tuesday July 21 2015)
Formula One Prediction Competition - Round 10 (Tuesday July 21 2015)
Who will win in Hungary? (Tuesday July 21 2015)
Sad day for the sport and the team says Lowdon (Monday July 20 2015)
Chilton dedicates win to Bianchi (Monday July 20 2015)
Jules Bianchi dies aged 25 (Saturday July 18 2015)
Will Germans back Hockenheim race? (Friday July 17 2015)
McLaren trying to unlock potential (Thursday July 16 2015)
Red Bull lack patience (Wednesday July 15 2015)
Bianchi's father 'less optimistic' over recovery (Tuesday July 14 2015)
Blog: What has happened to the Strategy Group? (Monday July 13 2015)
Button's future up in the air (Friday July 10 2015)
Hamilton wants more control (Thursday July 9 2015)
Mercedes to power Red Bull Racing? (Wednesday July 8 2015)
Vital talking point - Did Williams get it wrong? (Tuesday July 7 2015)
Blog: British GP Report (Tuesday July 7 2015)
Records fall for Hamilton (Monday July 6 2015)
Vital talking point: Hamilton's pit, was it luck? (Monday July 6 2015)
2015 - British GP - Race result (Sunday July 5 2015)
Blog: Silverstone Qualifying (Sunday July 5 2015)
2015 - British GP - Qualifying (Saturday July 4 2015)
2015 - British GP - FP3 (Saturday July 4 2015)
2015 - British GP - FP2 (Friday July 3 2015)
2015 - British GP - FP1 (Friday July 3 2015)
Yet more gimmicks from F1 Strategy Group (Friday July 3 2015)
Hamilton calls for better trophies (Thursday July 2 2015)
Blog: Silverstone Preview (Wednesday July 1 2015)
Formula E cannot compare with F1 says Horner (Wednesday July 1 2015)
Pirelli to request more F1 tests (Tuesday June 30 2015)
2015 Formula One Prediction Competition - Round 9 (Tuesday June 30 2015)
Who will win the British Grand Prix? (Tuesday June 30 2015)
New contract for Horner (Monday June 29 2015)
F1 teams are all talk says Todt (Monday June 29 2015)
Formula 1 v Formula E (Monday June 29 2015)
Positive test for McLaren (Friday June 26 2015)
Mosley praise for Ecclestone (Thursday June 25 2015)
Mercedes remain on top in second test (Thursday June 25 2015)
Miami Dolphins owner to buy a stake in F1 (Wednesday June 24 2015)
Red Bull to sack Horner? (Wednesday June 24 2015)
Rain hampers running on first test day (Wednesday June 24 2015)
Ferrari to hand Red Bull a lifeline? (Tuesday June 23 2015)
Angry Mateschitz (Tuesday June 23 2015)
Vital talking point: Austria - ah, erm, err (Monday June 22 2015)
Blog: Austrian GP Report (Sunday June 21 2015)
2015 Austrian GP - Race (Sunday June 21 2015)
Blog: Red Bull Ring Qualifying (Saturday June 20 2015)
Four drivers hit with penalties (Saturday June 20 2015)
2015 Austrian GP - Qualifying (Saturday June 20 2015)
2015 Austrian GP - FP3 (Saturday June 20 2015)
2015 Austrian GP - FP2 (Friday June 19 2015)
2015 Austrian GP - FP1 (Friday June 19 2015)
Italian Grand Prix to alternate? (Thursday June 18 2015)
Will Michelin return to Formula One? (Thursday June 18 2015)
Blog: Red Bull Ring Preview (Wednesday June 17 2015)
2015 Formula One Prediction Competition - Round 8 (Tuesday June 16 2015)
Who will win in Austria? (Tuesday June 16 2015)
Hulkenberg wins Le Mans (Monday June 15 2015)
Head knighted (Monday June 15 2015)
Boullier calls for engine regulation change (Friday June 12 2015)
F1 holds new talks over New Jersey race (Thursday June 11 2015)
F1 regulations too complex for Ferrari chairman (Wednesday June 10 2015)
Grosjean apology for Stevens (Wednesday June 10 2015)
Rosberg & Vettel not good for F1 says Bernie (Wednesday June 10 2015)
Renault quit threat very real (Tuesday June 9 2015)
Blog: Canadian GP Report (Tuesday June 9 2015)
Vital talking point: Can it get worse for McLaren? (Monday June 8 2015)
2015 - Canada - Race (Sunday June 7 2015)
Blog: Montreal Qualifying (Sunday June 7 2015)
Grid penalty brings further pain for Vettel (Sunday June 7 2015)
2015 - Canada - Qualifying (Sunday June 7 2015)
2015 - Canada - FP3 (Sunday June 7 2015)
Why customer cars are not against F1ís DNA (Saturday June 6 2015)
2015 - Canada - FP2 (Friday June 5 2015)
2015 - Canada - FP1 (Friday June 5 2015)
Verstappen under fire (Friday June 5 2015)
Manor Marussia sign Fabio Leimer (Thursday June 4 2015)
Blog: Montreal Preview (Wednesday June 3 2015)
Manor Marussia make key appointments (Wednesday June 3 2015)
Ferrari and Honda set for engine upgrades (Tuesday June 2 2015)
2015 Formula One Prediction Competition - Round 7 (Monday June 1 2015)
Who will in Canada? (Monday June 1 2015)
F1 seeks new team for 2016 and beyond (Friday May 29 2015)
Extra homework for Kimi (Friday May 29 2015)
Verstappen penalised for Monaco crash (Thursday May 28 2015)
HSE to take no action over de Villota crash (Wednesday May 27 2015)
Vital talking point - First points for McLaren (Wednesday May 27 2015)
|7.||Push The Button||461|