Seven-times word Formula One champion Lewis Hamilton has signed a new contract with Mercedes.

It will be his ninth season with the company.

Mercedes has also agreed to set up a joint charity aimed at increasing diversity and inclusion in F1 and other motor sports.

Hamilton said: “I am excited to be heading into my ninth season with my Mercedes teammates.

“Our team has achieved incredible things together and we look forward to building on our success even further, while continuously looking to improve both on and off the track.

“I’m equally determined to continue the journey we started to make motorsport more diverse for future generations.

“I am grateful that Mercedes has been extremely supportive of my call to address this issue.

“I’m proud to say we are taking that effort further this year by launching a foundation dedicated to diversity and inclusion in the sport.

“I am inspired by all that we can build together and can’t wait to get back on the track in March.”