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“The belief within the Mercedes team will be that Hamilton will stay on but the debate seems to be over the length of the deal,” he told The Race.

“So it’s about how long he wants to commit for – and for how much – rather than whether he is willing to.

“But he also has to be realistic because everything is suffering financially in the world given the COVID-19 pandemic.

“Even with the rule changes and the cost cap, teams are struggling to pull in the necessary money and with Mercedes cutting back on its wider workforce and these challenges he does need to buy into that situation and look at the bigger picture than just what he’s earning.

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