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Why has Lewis Hamilton only signed a one-year extension?

For months Formula One fans have been spamming Mercedes' social media accounts demanding to know when the team planned to #AnnounceLewis for 2021.

Technically, Hamilton has been out of contract since January 1 when his previous two-year deal lapsed, although there was very little concern that he would not continue this year.

The fans just wanted clarity and confirmation.

On Monday that confirmation finally dropped, but with it came a surprise. Unlike his previous multi-year contracts, this deal was only for one year.