And he has the opportunity this season to hold the all-time record for most F1 championship wins if he takes his eighth title.

The 36-year-old is regarded as one of the greatest F1 drivers of all time and has been a huge part of Mercedes’ success over the past few years.

That could give him some leverage in regards to contract negotiations as he reportedly earned close to £40million-a-year in his previous deal.

But former F1 boss Eddie Jordan believes Hamilton’s stance at Mercedes shouldn’t give him the power to make outlandish demands in contract negotiations.