Seven-time F1 world champion Hamilton is entering the final year of his current Mercedes contract in 2023, having signed a two-year deal during the 2021 season.
Mercedes F1 chief Wolff said last month that both the team and Hamilton remained aligned on their goals, and that he anticipated it would take “a few hours” to get a new agreement in place.
Asked by Motorsport.com on Wednesday following the launch of Mercedes’ 2023 F1 car for an update on contract talks, Wolff said while there had been an initial chat, there was no rush to get something finalised.
“We’ve done a few of these contracts in the past, and they change little from iteration to iteration, so it’s not usually complex apart from the obvious terms,” said Wolff.
“We’ve had a first chat. But I don’t want to commit to any timeline, because it’s not important for him nor for us at that stage.
“It runs a full year, and we’re going to find the right time.”
Hamilton and Mercedes previously left contract talks as late as the off-season back in 2020-21 before agreeing to a one-year deal to cover the 2021 season.
The Briton, who is entering his 11th season with Mercedes in 2023, has always been open about his desire to continue his long-standing relationship with the team. He has won six of his seven world titles with Mercedes, and is also working on new campaigns to help improve diversity through both the team and wider motorsport.
Lewis Hamilton, George Russell, Mick Schumacher, Mercedes Reserve Driver, Toto Wolff, Mercedes F1 Team Team Principal and CEO, Mercedes W14
Photo by: Mercedes AMG
Wolff denied that talks with Hamilton were “dragging on”, saying: “We’ve always found good solutions that reflect his value for the team and for the sport, and on the other side, I think Mercedes is the place he wants to be. These things have never been a contentious point.
“Within us, it was no problem to sort things out over the winter before actually going racing, because it was always clear they were going to do that.
“It’s almost not like a first priority in sitting down, because this is going to be a journey that will continue.”
At 38, Hamilton is the second-oldest driver on the F1 grid, only behind Fernando Alonso. But Wolff had zero concerns about his age, saying it “plays no role” in contract talks.
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