Lewis Hamilton set to become best-paid driver in F1

Zeenews Sports Bureau

London: Lewis Hamilton is set to sign a new five-year deal at McLaren worth £100m, which could make him the best-paid driver in Formula One.

With this deal Hamilton, who spent half of his life with McLaren, could spend his whole career with the team, the Guardian reported.

Hamilton`s existing five-year deal, worth an estimated £75m – or £15m a year – expires in December. He was signed by the former team principal Ron Dennis as a boy prodigy when he was only 13.

The best-paid driver in Formula One is believed to be Ferrari`s Fernando Alonso, on €30m (£24m) a year.