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Hamilton to replace Schumi at Mercedes as Sauber's Perez switches to McLaren
LEWIS Hamilton will leave McLaren and race for the Mercedes Formula One team next season after agreeing a three-year deal in which the Briton replaces seven-time world champion Michael Schumacher.
McLaren announced separately that Mexican Sergio Perez would partner 2009 champion Jenson Button in its line-up next season.
The announcements by Mercedes and McLaren yesterday ended a long-running tussle for one of the sport's hottest properties as well as an almost umbilical link between Hamilton and Mercedes-powered McLaren.
McLaren has backed the Briton since his early teens when he was making an impression in karting, after Hamilton had approached former McLaren principal Ron Dennis at a gala awards ceremony to tell him of his dream of driving one of his cars in Formula One.
The first black F1 world champion, whose humble background contrasts with the Monaco lifestyle he now enjoys as one of the highest-paid athletes in the world, has never driven for anyone else but said it was time for a fresh challenge.
"Mercedes-Benz has such an incredible heritage in motorsport, along with a passion for winning which I share," said the 27-year-old Hamilton, the 2008 champion and winner of 20 grands prix, including three so far this season.
"Together, we can grow and rise to this new challenge. I believe I can help steer the Silver Arrows to the top and achieve our joint ambitions of winning the world championships."
British media reports suggested the deal was worth 60 million pounds (US$97.15 million) with Hamilton in line for a basic annual salary of around 15 million pounds.
The move to Mercedes came after the German manufacturer signed a new agreement with the sport's commercial rights holder, guaranteeing its long-term commitment. It was the last of the big teams to do so.
There was no word on Schumacher's future plans, with the 43-year-old former Ferrari ace widely expected to retire for the second time after making a comeback in 2010.
"I have had three nice years with the team which unfortunately did not go as well as we all would have wanted on the sporting side," Schumacher, who could remain with Mercedes in an official capacity, said in a statement.
Schumacher has been on the podium just once since his comeback, in Valencia this year, and has finished only half of the races this season.
With Hamilton moving to Mercedes, the sport will have five world champions at different teams next season even without Schumacher.
Hamilton, who is fourth in the current championship and 52 points behind Ferrari's Fernando Alonso with six races left, will partner Nico Rosberg next year. The two were also teammates as teens in karting.
Perez, meanwhile, signed a "multi-year deal" with McLaren after an impressive 2012 campaign that initially sparked interest from Ferrari.
"I'm thrilled and delighted to have become a McLaren Mercedes driver," he said.
"The McLaren name is one of the greatest in the history of Formula One," Perez, 22, added. "I was brought up on the great stories of Ayrton Senna's many world championship triumphs for McLaren and I'm truly honored that they've chosen me to partner Jenson (Button)."
Perez was part of Ferrari's young driver program and was at one stage expected to replace Felipe Massa.
McLaren announced separately that Mexican Sergio Perez would partner 2009 champion Jenson Button in its line-up next season.
The announcements by Mercedes and McLaren yesterday ended a long-running tussle for one of the sport's hottest properties as well as an almost umbilical link between Hamilton and Mercedes-powered McLaren.
McLaren has backed the Briton since his early teens when he was making an impression in karting, after Hamilton had approached former McLaren principal Ron Dennis at a gala awards ceremony to tell him of his dream of driving one of his cars in Formula One.
The first black F1 world champion, whose humble background contrasts with the Monaco lifestyle he now enjoys as one of the highest-paid athletes in the world, has never driven for anyone else but said it was time for a fresh challenge.
"Mercedes-Benz has such an incredible heritage in motorsport, along with a passion for winning which I share," said the 27-year-old Hamilton, the 2008 champion and winner of 20 grands prix, including three so far this season.
"Together, we can grow and rise to this new challenge. I believe I can help steer the Silver Arrows to the top and achieve our joint ambitions of winning the world championships."
British media reports suggested the deal was worth 60 million pounds (US$97.15 million) with Hamilton in line for a basic annual salary of around 15 million pounds.
The move to Mercedes came after the German manufacturer signed a new agreement with the sport's commercial rights holder, guaranteeing its long-term commitment. It was the last of the big teams to do so.
There was no word on Schumacher's future plans, with the 43-year-old former Ferrari ace widely expected to retire for the second time after making a comeback in 2010.
"I have had three nice years with the team which unfortunately did not go as well as we all would have wanted on the sporting side," Schumacher, who could remain with Mercedes in an official capacity, said in a statement.
Schumacher has been on the podium just once since his comeback, in Valencia this year, and has finished only half of the races this season.
With Hamilton moving to Mercedes, the sport will have five world champions at different teams next season even without Schumacher.
Hamilton, who is fourth in the current championship and 52 points behind Ferrari's Fernando Alonso with six races left, will partner Nico Rosberg next year. The two were also teammates as teens in karting.
Perez, meanwhile, signed a "multi-year deal" with McLaren after an impressive 2012 campaign that initially sparked interest from Ferrari.
"I'm thrilled and delighted to have become a McLaren Mercedes driver," he said.
"The McLaren name is one of the greatest in the history of Formula One," Perez, 22, added. "I was brought up on the great stories of Ayrton Senna's many world championship triumphs for McLaren and I'm truly honored that they've chosen me to partner Jenson (Button)."
Perez was part of Ferrari's young driver program and was at one stage expected to replace Felipe Massa.
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