Lewis Hamilton’s contract discussions have apparently reached an impasse as both parties struggle to reach a consensus on the specifics of a new agreement. The current contract of the Mercedes driver is set to expire at the conclusion of this season, and a new deal is yet to be finalized.
Both sides involved in the negotiations have publicly stated for months that a deal was nearing completion, but recent reports indicate a reason for the delay. It appears that Hamilton is seeking a larger brand deal, while Mercedes is only offering a shorter contract extension.
In the meantime, Christian Horner, the team principal, has expressed his reservations about the upcoming Formula 1 rule changes scheduled to take effect in 2024. Specifically, he has voiced concerns about the cost implications of banning tyre blankets next season, which has arisen due to driver concerns.