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Mercedes deny Hamilton has signed 175 million deal

Mercedes has denied reports suggesting Lewis Hamilton has finally inked his long-awaited contract extension, reportedly worth 175 million over five years. Sport Bild said the reigning world champion and 2015 championship leader has now signed up until 2018, with an option to stay for a further two years until 2020. If he does stay the full five years, the publication estimated the 30-year-old Briton will earn in excess of 175 million. Team chairman Niki Lauda, however, would not confirm the news, 'I cannot comment on that. Until nothing is official, I can't say anything. I have to play by the rules.' A Mercedes spokesman also issued a denial, saying the report is 'not right'. But...
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