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Hamilton on retirement: I don't plan to be in F1 when I'm 40

The seven-time world champion has revealed how he will know when it's the right time to walk away from Formula 1 having signed a new two-year deal to remain with Mercedes until 2023.

Lewis Hamilton has revealed that once he is not able to win and doesn't want to fully commit to Formula 1, he will retire. Hamilton, who signed a new two-year deal to remain with Mercedes until the end of the 2023 season , will be 38-years-old when his new contract expires. "When I'm 38 there's going to be a point in which I'm going to want to move on to do different things," Hamilton told RacingNews365.com and other members of the press. "I guess it just always comes down to how I never do anything half assed so I'm not going to do it at 80 percent, 70 percent and just trundle along. There are people that can do that but I'm only here to win. "If there's ever a point that I feel that I don't want to commit the time or the effort, the mental time and energy that it takes, that will be the time for me to stop. "I don't plan to be here till I'm 40. I hope I have something else exciting to do beyond but regardless, no matter what time I stop, I'm going to miss this sport. I'm going to miss the competing side of it for sure." The evolution and relentless nature of F1 is something that Hamilton enjoys. He recorded his 100th pole position in F1 at the Spanish GP and has won 98 races having made his debut in 2007. Statistically, he is the most successful F1 driver ever. "When we got 100 poles it definitely kind of gets go like 'geez, what's next'," said Hamilton. "I'm constantly being challenged, it's never easy. "We were constantly having to push ourselves and elevate and it's a constant struggle within the sport. Trying to get the car right each weekend, trying to understand the tyres, trying to understand the aerodynamic configurations. "Each track is different each compound is different at different tracks and different surfaces. You've got young cats coming through doing great, you've got Red Bull who have just got an amazing package this year, you've got McLaren who have really progressed so well and I'm so happy for them. It's exciting. "It's the closest pack that we've probably ever had and I'm excited to see what the next year holds in terms of I hope that remains the same in terms of closeness."

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