“I am excited to be heading into my ninth season with my Mercedes team mates,” said Hamilton. “Our team has achieved incredible things together and we look forward to building on our success even further, while continuously looking to improve, both on and off the track.”
Valtteri Bottas signed a one-year contract extension with Mercedes last year and will continue as Hamilton’s team mate.
Under Hamilton’s new deal, he and Mercedes will collaborate on a charitable foundation to promote diversity and inclusion across motorsport.
“I’m equally determined to continue the journey we started to make motorsport more diverse for future generations and I am grateful that Mercedes has been extremely supportive of my call to address this issue,” said Hamilton.
“I’m proud to say we are taking that effort further this year by launching a foundation dedicated to diversity and inclusion in the sport. I am inspired by all that we can build together and can’t wait to get back on the track in March.”
Mercedes CEO and team principal Toto Wolff said the complications caused by the pandemic – both he and Hamilton have contracted and recovered from Covid-19 within the past three months – delayed the signing of a new agreement.
“We have always been aligned with Lewis that we would continue, but the very unusual year we had in 2020 meant it took some time to finish the process,” he said. “Together, we have decided to extend the sporting relationship for another season and to begin a longer-term project to take the next step in our shared commitment to greater diversity within our sport.”
View the current list of 2021 F1 drivers and teams
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2021 F1 season
- Aston Martin fined $450,000 for F1 budget cap violation
- Red Bull fined $7 million and lose development time for 2021 budget cap breach
- Hamilton: F1 ‘might as well not have a cost cap if the penalty is a slap on the wrist’
- Red Bull need penalty that “really hurts them” if they exceeded budget cap – Bottas
- F1 mustn’t let post-season budget cap rows become a regular occurrence