Happy Hamilton in no rush to sign new Mercedes deal

Thu Apr 9, 2015 6:58am EDT
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By Abhishek Takle

SHANGHAI (Reuters) - Lewis Hamilton has agreed a deal in principle to remain at Mercedes beyond this season but the Formula One world champion is in no hurry to put pen to paper on a new contract, the Briton told reporters ahead of this week's Chinese Grand Prix.

Hamilton moved to Mercedes in 2013 but is out of contract at the end of the season and negotiations to extend his stay with the German team have become protracted with the 30-year-old's future plans the subject of much discussion around the paddock.

"The situation is not really different from the last time I saw you," Hamilton said at a chilly Shanghai International Circuit on Thursday when asked about the progress of his contract talks.

"There's still points to be agreed on, it's just back and forth."

Following the Malaysian Grand Prix on March 29, Hamilton told British reporters that a new contract should be finalised within a week.

However, Hamilton, who is negotiating the deal himself, said he had been unable to find time to go through the finer points of a revised deal with the team where he won his second world title.

"The last week I haven't really been doing too much contract reading," Hamilton added.

"I don't really feel particularly rushed. I think we've agreed that we want to stay together. I've got the rest of the year if I want to take that but obviously we'll get it done at some stage."   Continued...

Mercedes Formula One driver Lewis Hamilton of Britain arrives for a news conference ahead of the Chinese F1 Grand Prix at the Shanghai International Circuit April 9, 2015. REUTERS/Aly Song