Although Lewis Hamilton's contract with Mercedes runs until the end of the 2021 F1 season, it looks as though the two sides are hard at work to make sure that partnership continues for a little while longer.
Talks regarding the Briton's last contract spilled over into 2021, with the two parties only agreeing on a one-year contract in February. However it looks as though a new deal could be completed in the near future.
The Brazilian version of Motorsport.com reports Hamilton is willing to take a pay cut, though he's accepted that condition on the basis that his bonuses are doubled should he win another F1 World Championship. As for the length of the deal, it would run until the end of the 2022 season with an option to extend the agreement for another year.
The report goes on to suggest that Mercedes boss Toto Wolff wants the contract completed by June 15 in order to prevent talks from dragging on like they did the last time the two parties were in talks.
While it appears a deal has been mostly agreed upon, the report suggests Hamilton has asked that he have a role at the German manufacturer in the future that would allow him to continue his work as an activist for increased diversity in F1.
Hamilton currently trails Red Bull driver Max Verstappen by four points in the 2021 F1 Drivers' Championship.