Vital Login
Social Login

Other Sites

Network Navigation

Vital Partners

'If It's F1, It's Vital'

Hamilton talks remain complex

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.'








Join Vital F1

It's easy to join up and join in on VitalF1.com, simply click the link and enjoy getting involved!

If you are already a member of Vital Football, your logins will automatically work on VitalF1.com!

The Journalist

Writer: Red5 Mail feedback, articles or suggestions

Date:Thursday June 14 2012

Time: 11:00AM

Your Comments

personally think he needs a new team to shake things up a bit. Go and depress Vettell at Red Bull maybe?!
The Fear
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Vital F1 Articles

Magnussen denies burns (Tuesday September 23 2014)

Red Bull not giving up on long shot (Tuesday September 23 2014)

Singapore swings in Hamilton's favour (Monday September 22 2014)

Will reliability decide the F1 title? (Monday September 22 2014)

Blog: Singapore GP Report (Monday September 22 2014)

2014 - Singapore - Race (Sunday September 21 2014)

Blog: Singapore Qualifying (Sunday September 21 2014)

2014 - Singapore - Qualifying (Saturday September 20 2014)

2014 - Singapore - FP3 (Saturday September 20 2014)

2014 - Singapore - FP2 (Friday September 19 2014)

2014 - Singapore - FP1 (Friday September 19 2014)

Alonso angered by Italian rumour mill (Friday September 19 2014)

Massa & Chilton raise radio ban concerns (Friday September 19 2014)

Renault aiming to optimise performance (Thursday September 18 2014)

Rosberg & Hamilton hope to gain advantage (Thursday September 18 2014)

FIA clarify new radio rules (Wednesday September 17 2014)

Lotus finances improving (Wednesday September 17 2014)

Williams want to become title contenders (Tuesday September 16 2014)

Prodromou completes McLaren switch (Tuesday September 16 2014)

Radio ban not clear says Mercedes (Monday September 15 2014)

Who will win the Singapore Grand Prix? (Monday September 15 2014)

F1 radio clamp down (Friday September 12 2014)

Massa needed podium finish (Thursday September 11 2014)

Button enjoyed Perez battle (Thursday September 11 2014)

Schumacher returns home (Wednesday September 10 2014)

Di Montezemolo steps down (Wednesday September 10 2014)

Di Montezemolo criticised by Fiat boss (Tuesday September 9 2014)

Albers quits Caterham (Tuesday September 9 2014)

Williams maximise performance (Monday September 8 2014)

Hamilton deserved victory says Rosberg (Monday September 8 2014)

Blog: Italian GP Report (Monday September 8 2014)

2014 - Italy - Race (Sunday September 7 2014)

Blog: Monza Qualifying (Saturday September 6 2014)

2014 - Italy - Qualifying (Saturday September 6 2014)

2014 - Italy - FP3 (Saturday September 6 2014)

2014 - Italy - FP2 (Friday September 5 2014)

2014 - Italy - FP1 (Friday September 5 2014)

Speculation bores Vettel (Friday September 5 2014)

Could Mercedes drop Rosberg or Hamilton (Friday September 5 2014)

Hass seal Ferrari deal (Thursday September 4 2014)

Renault join calls for engine freeze lift (Wednesday September 3 2014)

Ferrari frustration for Fernando (Wednesday September 3 2014)

Hamilton will not give up (Tuesday September 2 2014)

Who will win the Italian Grand Prix? (Tuesday September 2 2014)

Rosberg finally takes responsibility (Monday September 1 2014)

Ferrari boss attempts to buy time (Monday September 1 2014)

Williams must improve (Friday August 29 2014)

Ricciardo is a championship contender (Wednesday August 27 2014)

Rosberg refuses to comment (Tuesday August 26 2014)

Blog: Belgian GP Report (Tuesday August 26 2014)

Crash was deliberate claims Hamilton (Monday August 25 2014)

Finger of blame pointed at Rosberg (Monday August 25 2014)

2014 - Belgium - Race (Sunday August 24 2014)

Blog: Spa Qualifying (Sunday August 24 2014)

2014 - Belgium - Qualifying (Saturday August 23 2014)

2014 - Belgium - FP3 (Saturday August 23 2014)

2014 - Belgium - FP2 (Friday August 22 2014)

2014 - Belgium - FP1 (Friday August 22 2014)

Chilton to race in Spa (Friday August 22 2014)

Russia is ready (Thursday August 21 2014)

Kobayashi dropped by Caterham (Thursday August 21 2014)

Ferrari lucky to have 2 great champions (Wednesday August 20 2014)

Introducing Max Verstappen (Tuesday August 19 2014)

2014 Ferrari doesn't suit Kimi (Tuesday August 19 2014)

Who will win the Belgian Grand Prix? (Monday August 18 2014)

New Ground For Mercedes (Monday August 18 2014)

Lowe rejects Newey claim (Friday August 15 2014)

Kimi targets race wins in 2015 (Tuesday August 12 2014)

Grosjean uncertain over future (Monday August 11 2014)

Blog: Time for Bernie to go (Thursday August 7 2014)

Nico didn't get close enough - Wolff (Wednesday August 6 2014)

New deal for Australia (Monday August 4 2014)

Luck will turn for Vettel (Monday August 4 2014)

Newey critical of 'GP1' era (Friday August 1 2014)

McLaren made catastrophic error (Friday August 1 2014)

Ericsson and Perez ok after crashes (Wednesday July 30 2014)

Blog: Hungarian GP Report (Tuesday July 29 2014)

Archived Vital F1 Articles

List All Vital F1 Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Red5 1022
2. DJ 887
3. The Fear 771
4. Villaininthemerde 612
5. johnkelv 569
6. Druss_the_Legend 521
7. Push The Button 440
8. col8 334
9. The Intimidator 149
10. __villa__ 145

Current Site Poll (view all polls)

Who will win in Singapore?
Rosberg 19%
Hamilton 45%
Ricciardo 16%
Vettel 4%
Bottas 8%
Massa 0%
Someone else 8%