Vital F1 - Hamilton talks remain complex
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, simply click the link and enjoy getting involved!

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

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

Who will win in Russia? (Monday October 5 2015)

Manor secure Mercedes power for 2016 (Thursday October 1 2015)

Button to stay at McLaren in 2016 (Thursday October 1 2015)

Grosjean to join Haas in 2016 (Thursday October 1 2015)

Letter of intent signed for Lotus buy-out (Tuesday September 29 2015)

Where were Mercedes in Japan? (Monday September 28 2015)

Blog: Japanese GP Report (Sunday September 27 2015)

2015 - Japan GP - Race (Sunday September 27 2015)

Blog: Suzuka Qualifying (Saturday September 26 2015)

2015 - Japan GP - Qualifying (Saturday September 26 2015)

2015 - Japan GP- FP3 (Saturday September 26 2015)

2015 - Japan GP - FP2 (Friday September 25 2015)

2015 - Japan GP - FP1 (Friday September 25 2015)

Perez to stay with Force India (Thursday September 24 2015)

Blog: Suzuka Preview (Thursday September 24 2015)

McLaren ready for financial shortfall (Wednesday September 23 2015)

Button expected to announce retirement (Wednesday September 23 2015)

It's Ferrari or Bust for Red Bull Racing (Wednesday September 23 2015)

Maldonado to stay, Grosjean to leave? (Tuesday September 22 2015)

Who will win in Japan? (Monday September 21 2015)

Blog: Singapore GP Report (Monday September 21 2015)

2015 - Singapore GP - Race (Sunday September 20 2015)

Blog: Singapore Qualifying (Sunday September 20 2015)

2015 - Singapore GP - Qualifying (Sunday September 20 2015)

2015- Singapore GP - FP3 (Sunday September 20 2015)

2015 - Singapore - FP2 (Friday September 18 2015)

2015 - Singapore GP - FP1 (Friday September 18 2015)

Rosberg will keep believing (Friday September 18 2015)

Merhi & Rossi to share Manor Marussia seat (Thursday September 17 2015)

Another new deal for Melbourne (Thursday September 17 2015)

It's over says Renault (Thursday September 17 2015)

Blog: Singapore Preview (Wednesday September 16 2015)

Who will win in Singpore? (Wednesday September 16 2015)

Williams may not take Mercedes upgrade (Tuesday September 15 2015)

Big hopes for Ferrari in 2016 (Friday September 11 2015)

Button's wait nearly over? (Thursday September 10 2015)

Webber slams pay drivers (Wednesday September 9 2015)

Blog: Italian GP Report (Tuesday September 8 2015)

2015 - Italian Grand Prix - Race (Sunday September 6 2015)

Blog: Monza Qualifying (Sunday September 6 2015)

2015 - Italian Grand Prix - Qualifying (Saturday September 5 2015)

2015 - Italian Grand Prix - FP3 (Saturday September 5 2015)

2015 - Italian Grand Prix - FP2 (Friday September 4 2015)

2015 - Italian Grand Prix - FP1 (Friday September 4 2015)

Mercedes split on Red Bull deal (Friday September 4 2015)

Rosberg targets Monza pole (Thursday September 3 2015)

Formula One is on the edge (Thursday September 3 2015)

Renault to rescue Lotus team? (Thursday September 3 2015)

Blog: Monza Preview (Wednesday September 2 2015)

Who will win the Italian Grand Prix? (Tuesday September 1 2015)

McLaren drivers getting frustrated? (Friday August 28 2015)

Ferrari do not want fight with Pirelli (Thursday August 27 2015)

Hamilton delight at qualifying form (Wednesday August 26 2015)

Blog: Belgian GP Report (Monday August 24 2015)

2015 - Belgian GP- Race (Sunday August 23 2015)

2015 - Belgian GP - Qualifying (Sunday August 23 2015)

2015 - Belgian GP - FP3 (Sunday August 23 2015)

2015 - Belgian GP - FP2 (Friday August 21 2015)

2015 - Belgian GP - FP1 (Friday August 21 2015)

Raikkonen retains seat at Ferrari (Thursday August 20 2015)

Blog: Spa Preview (Wednesday August 19 2015)

Who will win the Belgium Grand Prix? (Tuesday August 18 2015)

Stevens pleased with Manor season (Friday August 14 2015)

Toro Rosso takeover talks over (Thursday August 13 2015)

Toro Rosso should push on (Monday August 10 2015)

Money means nothing to Ricciardo (Friday August 7 2015)

Honda to spend tokens (Thursday August 6 2015)

Force India investigate failures (Wednesday August 5 2015)

McLaren oppose testing plans (Tuesday August 4 2015)

Double podium for Red Bull Racing (Thursday July 30 2015)

Vettel dedicates victory to Bianchi (Wednesday July 29 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)

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 1062
2. DJ 980
3. The Fear 773
4. Villaininthemerde 612
5. johnkelv 583
6. Druss_the_Legend 544
7. Push The Button 461
8. col8 334
9. The Intimidator 170
10. __villa__ 145

Current Site Poll (view all polls)

Who will win the Russian GP?
Hamilton 79%
Rosberg 5%
Vettel 16%
Raikkonen 0%
Ricciardo 0%
Kvyat 0%
Someone else 0%