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Wolff: Avoiding escape clauses behind Hamilton's two-year Mercedes F1 deal
Lewis Hamilton and Mercedes have agreed to a two-year contract extension for the 2024 and 2025 seasons. This will mark Hamilton’s 13th year with the team, where he has won six of his seven world titles. Both parties opted for a shorter-term deal to allow for flexibility in the future, without the need for complicated exit clauses. The agreement also gives Hamilton the opportunity to assess the competitiveness of Mercedes’ new car and power unit before committing to a longer-term contract. Mercedes team principal Toto Wolff believes Hamilton will continue with the team even after his active driving career ends, and he does not see the seven-time world champion ever driving for another team. Additionally, Mercedes has signed George Russell on a new deal that runs until the end of 2025.
Source: Autosport.com