Lewis Hamilton has renewed his contract with Mercedes for three more years, meaning the reigning world champion will stay at the team until the end of 2018.
Negotiations dragged through the winter and into the start of this year, but on Wednesday in Monaco Mercedes finally confirmed the news. The deal is reported to be worth as much as £100 million over three years, keeping Hamilton among the best paid drivers in Formula One.
"Mercedes is my home and I couldn't be happier to be staying here for another three years," Hamilton said. "This is a company filled with real passionate racers, from the board room to the factory floor, and an incredible hunger to win.