The seven-time world champion’s current deal ♔is due toꦇ expire at the end of the year and although an extension is considered a formality, a new contract is yet to be finalised. 

Mercedes boss Toto Wolff shed some light on the matter at last wee🉐kend’s Austrian Grand Prix, explai꧂ning it was “not a money situation”. 

Hamilton confir⛦med Wolff’s latest comments when asked for clarification, responding: “Yes that is correct."

Asked whether the outcome of Mercedes’ upgrades will have a𝓰ny bearing on his decision, Hamilton said: “No, that’s not what I’m thinking.

“Before the end o🐻f the season I think we will already be well into the contract.

“I still have 100% faith in this ꦡteam. It has taken longer for all of us to get to where we want to be. 

“It’s definitely not easy ꦕbut I believe we will get ther😼e. We have to continue to chip away at it.

“That’s why we have the upgrade here. We🍰 have a fronඣt wing here, and more bits at the following races."

Hamilton said he is "pushing ꦰas hard as I can" to help steer the development direction of Mercedes' 2024 car. 

"It couldn’t come soon enough and I’m pushing a𒁏s har🍎d as I can," he added. 

“I was having big meetings with people in the team, the head of aero and the head of dynamics, about what’s in 💟mind for next year’s car."