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Hamilton to bank more than $120 million over three years
Two times Formula 1 world champion Lewis Hamilton has agreed a new three-year contract that will keep him at Mercedes until the end of 2018, the team announced on Wednesday. Although no financial details were given, media reports have suggested the Briton is in line for a bumper pay packet amounting to more than $40 million a year, not counting personal endorsements. 'Mercedes is my home and I couldn't be happier to be staying here for another three years,' the 30-year-old Briton said in a statement that ended any talk of a move to rivals Ferrari in the near future. Hamilton, who has a 20-point lead over teammate Nico Rosberg in the current championship after five races, is already one...
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