Date: 4th February 2018 at 10:10am
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Lewis Hamilton will be out-of-contract at the end of 2018, but there is no panic in the Mercedes camp regarding a new deal.

In seasons gone by, Lewis Hamilton and Mercedes appear to have held long protracted contract negotiations during various seasons.

But this time around, the four-time Formula One World Champion looks set to sign a new contract with Mercedes with few issues.

Hamilton was briefly linked with a potential switch to Ferrari, but Sebastian Vettel’s long-term deal with Ferrari appears to have scuppered any chance of that happening.

That leaves Lewis Hamilton with no other competitive options, other than remaining with Mercedes.

This doesn’t leave Hamilton with much room to manoeuvre in regards to negotiations, however it has previously been suggested that Hamilton could be in line to earn £120million if he agrees and signs a new three-year-contract.

‘Lewis has become such an important pillar within the team that it is a no-brainer that we continue with each other, The discussions are ongoing and very positive. It is just a matter of time before we seal it and put a signature to the document.’ Mercedes team boss Toto Wolff told Sky Sports.