Lewis Hamilton signs new £40m-a-year deal with mercedes

World champion Lewis Hamilton will race for Mercedes in Formula 1 for at least a further two seasons.

The 33-year-old Briton has signed a new contract with the German manufacturer that lasts until the end of 2020.

BBC Sport understands Hamilton will earn at least £30m a year, rising to a maximum of £40m, depending on bonuses.

source: BBC