formula 1 World champion is technically without a team

AFP
L.ewis Hamilton and Mercedes have formed a winning partnership in formula 1 in recent years, but the English driver’s contact with the team ended when 2020 turned into 2021.
He reportedly wanted a four-year deal worth $ 50 million a year and it was approved by Toto Wollf, but Daimler CEO Ola Kallenius has stopped it.
That says Il Corriere Sport, who reports this Daimler, the parent company behind it Mercedes AMG F1, does not want to give Hamilton such a long deal.
With Hamilton To turn 36 in January, they only want to offer a two-year contract with a third-year option.
This means that the seven-time world champion currently has no team. The new deadline for him to extend would thus be before testing in Barcelona, which starts on March 2.
There are, meanwhile, other reports claiming Hamilton wants a three-year deal worth $ 70 million a year. However, that wouldn’t be feasible, not with Mercedes 20 percent of staff have to cut because of poor sales results after the coronavirus pandemic.