Search icon
Download the all-new Republic app:

Published 15:36 IST, November 2nd 2020

Lewis Hamilton hints at Formula 1 retirement despite Mercedes winning Constructors title?

F1 legend Lewis Hamilton could be considering retirement after his 93rd win at the Emilia Romagna Grand Prix, confirming Mercedes' Constructors' Championship.

Reported by: Sreehari Menon
null | Image: self

F1 legend Lewis Hamilton's future has been a cause of major speculation over the past few months, with the 35-year-old nearing the end of his deal with Mercedes. The British racer is on the verge of winning his seventh F1 title but doubts over his future remain with new regulations all set affect his negotiations. While the Mercedes star's renewal was considered a formality by many, but Hamilton has cast a doubt but issuing 'no guarantees' on his future. 

Also Read: Formula 1 news: F1 Salary Cap To Deny Mercedes Star Lewis Hamilton Whopping £40 Million Per Season?

Lewis Hamilton F1 wins: Mercedes star issues no guarantees on racing next year 

Lewis Hamilton bagged his 93rd career win at Emilia Romagna Grand Prix on Sunday as he clinched closer to his seventh world championship crown. The win also confirmed Mercedes' seventh successive constructors' title. When asked about his future after another one of the famous Mercedes F1 wins, the 35-year-old said that there were no guarantees that he would return to the sport next year. 

Also Read: "I'm Still Going Up" - Hamilton On Future Trajectory After Record Win

Hamilton said that he feels naturally strong to keep going for plenty of months, but added that team principal Totto Wolff's changing role could affect his decision. Wolf had earlier suggested that he could step down from his role at Mercedes and serve in another capacity with the team. Hamilton suggested that the bubble life, which has become the norm due to the ongoing coronavirus pandemic, could also affect his decision, despite him being keen to race in the F1 next year. The 35-year-old is yet to agree on a contract beyond this year and the forthcoming salary cap introduction could also influence his future plans.

Also Read: Lewis Hamilton Takes A Dig At F1 Legend Sir Jackie Stewart With 'bee In The Bonnet' Jibe

Wolf, however, dismissed Hamilton's claims and suggested that it is unlikely that the Mercedes star walks away from F1. The Mercedes team principal said that nothing is ever secure and mentioned how F1 legend Nikki Lauda had suddenly announced his retirement in the late 1970s. Mercedes themselves are no strangers to sudden retirements, with Hamilton's former teammate Nico Rosberg having hung his boots days after winning the 2016 championship. The 35-year-old was expected to sign a three-year deal which could have seen him earn around £40 million per year. 

Also Read: Lewis Hamilton Honoured With Michael Schumacher's Helmet After Record-equalling 91st Win

Lewis Hamilton net worth

According to Celebrity Net Worth, Lewis Hamilton's net worth is approximately a whopping $285 million. Much of his net worth is boosted by his contract with Mercedes, along with championship winnings and endorsements. Forbes reports that the 35-year-old has endorsement deals with the likes of Bose, L’Oreal, Monster Energy, Puma, Sony, Tommy Hilfiger, and Vodafone among many others and earn more than $12 million a year from them.

The F1 legend has pumped up serious money into real estate, $44 million on a Manhattan penthouse in 2017 which was listed for $57 million last year. The Wall Street Journal reports that Lewis Hamilton acquired another penthouse, this time for $40.7 million, and became a neighbour of NFL legend Tom Brady and Gisele Bundchen. 

(Image Courtesy: Mercedes AMG F1 Instagram)

Updated 15:36 IST, November 2nd 2020

LIVE TV

Republic TV is India's no.1 English news channel since its launch.