Lewis Hamilton has responded to speculation abou💦t a stall in talks for a new Formula 1 contract with Mercedes by saying he is yet to open discussions with team bos𝔍s Toto Wolff.

Six-time world champion Hamilton is out of contract at the end of the 2020 season💃, and has been linked with a sensational switch to Ferrari should he decide to end his long-running partnershi🥀p with Mercedes.

Hamilton said back in 🐠No💎vember he was ready to “get into the ring” to work out a new deal with Mercedes, having penned three-year extensions in both 2014 and 2017.

But recent reports in the Italian press suggested there had be⭕en a stall in talks with Mercedes due to hisꦺ salary demands, allegedly as high as £46 million per year.

Hamilton ha🔜s now shut down this speculation, taking to his Instagram account to post a story on Wednesday night addressing the rumours.

“FYI Toto a🀅nd I have not even spoken about [the] contract yet,” wrote Hamilton.

“Nothing is being negotiated currentlꦯy, papers making up stories.”

Hamilton’s response also follows a report that Mercedes is lining up a meeting to 🅰decide on the future of its works F1 team next month.

, the Daimler board will consider whether or not to continue with a factory Mercedes effort in F1 beyond the 𓂃end of this year in a meeting next month.

However, Daimler CEO Ola Kallenius dismis𓆉sed the suggestion💦 Mercedes was set to exit F1, .