Lewis Hamilton to earn £95m McLaren contract

McLaren will offer Lewis Hamilton a £95m deal in order to secure his long-term future, according to reports.

The new contract will see the 27-year-old remain at McLaren for at least the next five years.

Hamilton, who won the driver's championship in 2008, will see his pay packet boosted by an extra 33% of his current £75m contract.

It is in stark contrast to teammate Jenson Button, who will earn around £30m from his new three-year deal.