Toto Wolff says Mercedes wants to agree a new contract with Lewis Hamilton before the start of the season.

The reigning world champion is out of contract at Mercedes at the end of the season, but both sides have said they want to continue together beyond 2015. With last year seeing an intense battle between team-mates Hamilton and Nico Rosberg, Wolff says Mercedes should be looking to finalise a new deal before the first race in Australia on March 15.

"It is always beneficial you have a clear situation, for the driver and ourselves," Wolff told the Press Association. "That is the best case, but you want to get it right as well, so it needs time. There is no reason for us to believe it is not going to go in the way we think is right, and Lewis thinks is right. Therefore we should aim to finish the discussions before the start of the season.

“But this is not a deadline we have set ourselves because the moment you set deadlines you put yourself under pressure, and we don't want to put him or us under pressure.”

And Wolff says the early discussions that have been held regarding a new contract have been positive.

"Contract discussions are extremely important, both for Lewis and ourselves. It's about discussing how the next couple of years are going to go. This is not something that happens from one day to the other, and you cannot expect it to be easy.

“But because of the great relationship we enjoy with Lewis and the very transparent way we deal with each other, so far it has been very good.”

Click here for the full gallery of the Mercedes W06 at Jerez

Keep up to date with all the F1 news via Facebook and Twitter

Andrew Lewin

Andrew first became a fan of Formula 1 during the time when Michael Schumacher and Damon Hill were stepping into the limelight after the era of Alain Prost, Nigel Mansell and Aryton Senna. He's been addicted ever since, and has been writing about the sport now for nearly a quarter of a century for a number of online news sites. He's also written professionally about GP2 (now Formula 2), GP3, IndyCar, World Rally Championship, MotoGP and NASCAR. In his other professional life, Andrew is a freelance writer, social media consultant, web developer/programmer, and digital specialist in the fields of accessibility, usability, IA, online communities and public sector procurement. He worked for many years in magazine production at Bauer Media, and for over a decade he was part of the digital media team at the UK government's communications department. Born and raised in Essex, Andrew currently lives and works in south-west London.

Recent Posts

Jordan: Newey likely to ‘just cruise for a while’

The bets are on about Adrian Newey’s next move following Wednesday’s confirmation of his departure…

1 hour ago

Ferrari reveals red and blue SF-24 livery for Miami

As announced by the Scuderia last week, Ferrari is embracing a splash of blue for…

3 hours ago

Steiner sues Haas over unpaid commissions and image rights

Guenther Steiner, the former team principal of Haas F1, has initiated legal action against the…

4 hours ago

Hamilton and Mercedes light up Fifth Avenue!

Mercedes and Lewis Hamilton – supported by team partner WhatsApp – staged a spectacular takeover…

6 hours ago

Horner pays tribute to Newey, a ‘true legend’ and friend

Red Bull team principal Christian paid a heartfelt tribute to legendary designer Adrian Newey who…

7 hours ago

Red Bull confirms Newey's exit, maintains ties for 2024 races

The highly anticipated news regarding Adrian Newey's future at Red Bull has finally been confirmed.…

8 hours ago