Date: 17th July 2014 at 8:00am
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Nico Rosberg has signed a new multi-year deal with Mercedes.

The 29-year-old has reportedly agreed a new three-year-deal worth £43million over the course of the contract.

‘I am very proud to drive the Formula 1 Silver Arrow of the modern era,? Rosberg told Sky Sports.

?As a German, the heritage of Mercedes-Benz is very special for me, and I am proud to be able to represent the best car brand around the world. It has been a difficult road to get to where we are now – but everybody kept believing and, thanks to the fantastic support from Mercedes-Benz, we are now leading the way in F1.

?There has been big progress during the past year, building up our structure, management and capability for the future. We have an awesome team and I am confident that we have the right people in place at every level. I’m looking forward to the next years together, when we will keep pushing to win even more races – and, hopefully, championships.’