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Lewis Hamilton on verge of signing new £120m, three-year deal with Mercedes after breakthrough in talks as six-time world champion aims to match Michael Schumacher’s record of 91 victories in Russia.
Lewis Hamilton is close to signing a new three-year deal – worth up to £40million ($50m) a season – to continue his history-breaking association with Mercedes.
The Mail on Sunday understands that the six-time world champion heads into Sunday’s Russian Grand Prix, where he can match Michael Schumacher’s record of 91 victories, with resolution over his future agreed in principle.
Ross Brawn, who took Hamilton to Mercedes and is now F1’s managing director, said: ‘By all accounts Mercedes are looking at another agreement with him for three more years.’
A number of sources have indicated that it is only a matter of time before the deal is announced.
Hamilton has made no secret of wanting to stay with the team that have powered him to five titles in six years, though his initial pay demands were baulked at by the Daimler board in Stuttgart. A way through the impasse is now believed to have been found

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