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Hamilton turns down approach for Mercedes mega-deal

Four-times Formula 1 world champion Lewis Hamilton ended months of speculation about his future on Thursday by signing a new deal keeping him at Mercedes until the end of 2020, revealing there was interest for his services from another team. No financial details were given but British media reports suggested the deal could be worth up to $60 million a year, with a basic of $52-million with an extra $8-miillion in potential bonuses which has made him Formula 1’s top earner and up there with the biggest annual salaries in sport. The 33-year-old Briton would have been out of contract at the end of the season and the protracted negotiations have been an ongoing saga. Hamilton also admitted...
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