Hamilton sets sights on 'multi-year' Mercedes contract extension

Lewis Hamilton is targeting a new, multi-year deal with Mercedes that could see him racing until the 2025 season.

The Briton's current Mercedes agreement runs out at the end of 2023, with many suspecting that the contract could be his last before bowing out of Formula 1.

The controversial finale to the 2021 season and the poor performance of this season's Mercedes W13 are likely to have weighed on Hamilton's mind when considering his future in the sport.

However, the seven-time World Champion revealed ahead of the Mexican Grand Prix that he has renewed intention to stay in the sport and sign a new deal.

"I have not a put a limit on it to be honest," Hamilton told media, including RacingNews365.com, when asked how long he plans to remain in F1.

"I'm planning to do a multi-year deal with my team.

"I really don't know what the next five years... I think we're still trying to work on that. There are a lot of great things that are being put in place, like I just launched the production company this week, but I feel great in my mind and body."

Hamilton 'in a happy place' at Mercedes

Hamilton has previously played down the chances of him competing in F1 into his 40s, like fellow World Champions Kimi Raikkonen and Fernando Alonso.

However, the Briton cited his various projects and charity work – along with his desire to compete – as a strong basis for staying in the sport.

"It's been lingering around, this whole narrative of me winding towards the end of my career. I'm sure for all of you in your careers and your jobs you probably have to analyse 'what's next'?" Hamilton said.

"Is there somewhere else you want to go? Is there somewhere higher you want to be? Is there room for growth in that role? I think that was perhaps something for me [to consider].

"I think I'm just in a happy place in my life, a lot more grounded. I've got my home that I get to spend time in, in the UK, when I come to see the team for example, and the family come down.

"So, it's just a lot better set-up all round, and I feel like I can take the team to more championships."