Lewis Hamilton's New Mercedes Contract Is Genuinely Mindblowing

F1 World champion Lewis Hamilton has put pen to paper on a new mega deal with Mercedes that will see the 33-year old earn even more big bucks than he already does.

Already paid handsomely, the former McClaren man's new two-year contract until 2020 is £30 million a year, with a further £10 million available in bonuses. When you break it down, it's evident that the 33-year old is going to be able to afford a lot of Freddos.

Not only will Hamilton be climbing further up the Forbes rich list and the highest-paid driver in his sport, it also means he'll be pocketing a higher yearly wage than Cristiano Ronaldo - which is pretty mental considering his recently revealed Juventus wage.

Commenting on his new deal, Hamilton said:

"It's good to put pen to paper, announce it and then get on with business as usual. I have been part of the Mercedes racing family for 20 years and I have never been happier inside a team than I am right now.

"We are on the same wavelength both on and off track - and I am looking forward to winning more in the future and shining even more light on the three-pointed star. I'm very confident that Mercedes is the right place to be over the coming years."