F1 news - Toto Wolff on Lewis Hamilton contract talks: 'We're ready for all kinds of curveballs'

Mercedes are expecting “curveballs” during Lewis Hamilton's contract negotiations, but believe a deal will be concluded.

Team head Toto Wolff is unconcerned by the failure to agree a deal yet, with a new season on the horizon.

Hamilton’s contract expired at the end of 2020. Speaking to Autosport, Wolff said that he was optimistic, but was prepared for any eventuality.

"It doesn't worry me at all, because I will always respect Lewis's decisions,” Wolff said.

"Whether this is staying with us for a long time, or whether that means leaving the sport and pursuing different interests.

I think we need to be ready for all kinds of curveballs being thrown at us.

"But at the same time, we talk a lot, and we are very transparent with each other. I think there is more to achieve together."

Hamilton: Black Lives Matter movement has made me a better driver

Hamilton’s deal could be worth around £40 million a year, in contrast to teammate Valtteri Bottas’ £8 million salary.

Other reports have claimed that Hamilton is after a share of Mercedes’ prize money, as well as asking for an AMG One hypercar.

Despite the lack of contract, the team expect a deal to go through and are working under that assumption.

Hamilton says he is still 'on the up' after breaking Schumacher's record

Mercedes Formula One boss Toto Wolff believes that the team will agree a new deal with Lewis Hamilton, whose last contract ended in December, though he is expecting "curveballs" to pop up as the team prepare for the new season. Valtteri Bottas has already agreed a new contract to stay at the team.