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McLaren has moved to bind Lewis Hamilton to the team until at least 2012 by inking a (US) $138 million deal with the British youngster, according to reports.

The British tabloid News of the World claims that Hamilton, who turns 23 on Monday, will make an average of more than $27 million per season for the next five years, despite making just $700,000 plus points bonuses while he raced to second place in the drivers’ championship in 2007.

The newspaper says the McLaren driver’s basic 2008 salary will be $17m, plus another $6m if he spearheads the Mercedes-powered squad’s first title since Mika Hakkinen in 1999.


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Lewis Hamilton Signs $138m McLaren Deal!

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