Haꦍmilton’s current deal e💎xpires at the end of this season but he, and Mercedes, have always claimed a new contract is a formality despite it remaining unsigned.

Now, new revelations about a disa🌠gree൲ment have been reported by the British newspaper.

Hamilton’s current salary ♏is £27.5m plus a £15m bonus for winning the F1 title but, in his next contract, he wants the extra £15m guarante♊ed, the newspaper reports.

Hamilton wants a “long-term” contract but Mercedes’ preference is to only offer him one yea♐r wit✨h the option of a second year.

And Mercedes are “not prepared” to agree to Hamilton’s wish for a 10-ye𝔍ar ambassadorial role, after his F1 career ends, which would be worth £10m per year.

Neither Hamilton nor Mercedes “wants the relationship to end”, it is rep✃orted.

But the seven-time F1 champion m🐽ust “lower his demands to get a dꦜeal signed”.

The Mail described Hamilton and Mercedes’ current negotiating position as𒊎 “widely contrasting”.

However, Sky broadcaster David Croft bel🌸ieves that Hamilton and Mercedes could announce their new agreemenꦬt at next month’s F1 British Grand Prix.