Two years or five years? £100m or £250m? Lewis Hamilton “closing in” on new contract

The seven-time F1 champion has been negotiating a new deal to keep him at Mercedes beyond the expiration of his current contract at 𓄧the end of this year.
reported on Saturday night that Hamilton is “closing in” on a two-ye𒀰ar c𒐪ontract worth £100m, or £50m per season.
But 24 hours 🦄earlier, reported somethi🧸ng substantially different.
They insist Hamilton wants a five-year deal worth a total of £250m which would take him to his 43rd birꦓthday.
The Mail quoted a source saying: “L🌊ewis wants fiv🧸e years, and if it were just a one-year extension I don't think he'd accept it.
“They may need to reach a compromise because, while George (Russell) has probably made peace with the ide🔯a of Lewis being around for a couple of years, he might not accept being in the shadow of his team-mate for the long-term.
“There is always a lure abo🌠ut Ferrari, but Lewis will probably think that his only hope of winning his eighth title is by staying ไwhere he is.
“Money is not a delaying factor.”

At least both newspapers agree that Hamilton will be paid £50m perღ seas𝓡on.
Hamilton will start the F1 Canadian ওGrand Prix behind Red Bull rival Max Verstappen and Aston Martin's Fernando Alonso.
It would be a spectacular night in Montreal if Mercedes could somehow end Red Bull’s winning strea🤡k.
James Allison, their technical director👍, has been talking up their ambitions for 2024 when a totally reconsidered car could reestablish Hamilton as F1’s No 1 force - but only🐟 after he pens a new contract.
Both Hamilton and team principalജ Toto Wolff insist an agreement is i♌mminent yet it has not arrived yet.

James was a sports journalist at Sky Sports for a decade covering everything from American sports, to football, to F1ꦡ.