Lewis Hamilton to become highest earning British sportsperson of all time with £120m deal

ByTNT Sports

Updated 20/03/2018 at 10:14 GMT

Lewis Hamilton is set to sign a three-year contract worth £120m with Mercedes making him the highest earning sportsman in British history, according to The Sun.

Lewis Hamilton (Mercedes), Sebastian Vettel (Ferrari) - Grand Prix of Abu Dhabi 2017

Image credit: Getty Images

The F1 world champion's new three-year deal is worth £40m a year, or £770,000-a-week, and could be signed before the season's first race in Melbourne this weekend.

The Sun claims Hamilton will be paid £80m for two years with the option of a third year at Mercedes as he bids to add to his four world titles.

"At the end of the season, of course I am wondering to myself 'do I want to keep racing?' I have to ask myself that for sure,” said Hamilton in an interview before opening the defence of his title in Melbourne.

Australian Grand Prix