Lewis Hamilton has extended his contract with McLaren for another five years, the team confirmed today, meaning he will stay at the Woking-based outfit at least until the end of the 2012 season.
The Briton enjoyed a sensational debut campaign with the team last year, finishing runner-up in the world championship and just one point behind title winner Kimi Raikkonen.
It had been widely expected that Hamilton would extend his deal at some point over the off-season, with the news finally being announced today.
Speaking about his new contract, Hamilton said: "It's fantastic for me that Vodafone McLaren Mercedes has extended my contract until 2012.
"Whilst last year was my first year with the team in Formula One, I have been connected to McLaren and Mercedes-Benz since 1998 and feel that I could easily drive for this team for the whole of my Formula One career.
"I am with the right team to compete for race wins and both the drivers' and constructors' world championships in the future. We will have a lot of challenges ahead, but I am 100% positive I am with the people to take them on. The first of those challenges is the 2008 season."