Eddie Jordan believes that Lewis Hamilton will sign a new contract with Mercedes this week, bringing to an end the saga that has gone on throughout the off-season.
The seven-time world champion’s previous deal expired at the end of the 2020 campaign and the delay in a new one being announced has resulted in plenty of speculation.
That has only been fuelled by the performance of George Russell in the Mercedes at the Sakhir Grand Prix while Hamilton was out with COVID-19, although team principal Toto Wolff has remained calm about an agreement being reached.
Jordan appears to share Wolff’s view and said that he cannot see the uncertainty running into next month.
“I believe Lewis will be signed within a week,” told the PA news agency. “I cannot see it going into February.
“Where do Mercedes go after Lewis? Of course, they can have the pick of the crop, but that is not the way Toto operates.
“He has increased his shareholding over the winter, brought in INEOS as a one-third shareholder, and he doesn’t want to be walking up and down the paddock with somebody new that he has to think about.
“He wants to be there with the man of the moment, he wants to be there with the king of all kings in Formula 1 and that is Lewis Hamilton.”
Hamilton broke plenty of records in 2020, including Michael Schumacher’s win tally, while he also equalled the German on seven world titles.
Looking back on his achievements, Jordan said that the Brit had been a big part of Mercedes’ success and claimed that he is still “getting better”.
‘”He has been a hugely important part of the success and the reward they are getting,” he added.
“Who is the first person the TV people want to speak to first? Lewis. Do Lewis’ comments get repeated much more than anyone else? Of course they do.
“If you look at LeBron James and Tiger Woods, they went to the organisers of their respective sports and said that we bring more credibility and support because of who we are and you need to compensate us. So pay Lewis an amount of money that the team are getting. I cannot see how he is not entitled to that.
“Some might say he is already being overpaid, and maybe so, but we all said that nobody would ever come close to Michael Schumacher’s record and now you have a driver who has the potential to beat him by becoming an eight-time world champion. And make no mistake, Lewis is getting better.”