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Sep
25th

F1: McLaren offers more money to keep Lewis Hamilton

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From GMM

According to multiple British newspapers, team McLaren has slightly upped its monetary offer in a late bid to secure Lewis Hamilton's services for next Formula 1 season.

The Daily Mail said McLaren has increased its offer by EUR 2.5 million to 15 million, which is still less than his current retainer of about 19 million.

F1 Lewis Hamilton McLaren
Lewis Hamilton's retirement, while leading the Singapore Grand Prix. (Photo: WRi2)

In the Times, correspondent Kevin Eason wrote that some in the paddock now expect an announcement to be made "in the next few days".

But Eason also quoted an observer as saying: "For a guy who is so fast in a formula one car, he is taking his time making a decision."

Asked if an announcement is imminent, boss Martin Whitmarsh answered: "We will see what we can do. I think we are a good team together."

German reports claim that Mercedes, Hamilton's possible destination for 2013, are meeting in Stuttgart on Tuesday for a board meeting.

While Hamilton's retainer at Mercedes would be about the same or even slightly lower as is on offer by McLaren, the German manufacturer is reportedly open to allowing Hamilton and his management to negotiate lucrative personal endorsement deals.



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