Lewis Hamilton insists his team are “almost there” as they look to agree a new contract with Mercedes – and has denied reports that Ferrari have approached him. The 38-year-old’s current contract with the Silver Arrows, where he has been since 2013, expires at the end of this season as he is set to take to the track on Friday in a revamped Mercedes car. COMMENT: Lewis Hamilton has shut the door on Ferrari – will he come to regret it? A report this week suggested Ferrari have offered the seven-time F1 world champion – who has won six of his titles with Mercedes – a £40m-a-year contract to join the Scuderia from 2024. Yet Hamilton, who covets a record-breaking eighth crown after missing out controversially in Abu Dhabi in 2021, revealed that his representatives are close to concluding negotiations with Mercedes over an extension. First practice at the Monaco Grand Prix starts at 12:30pm (BST) on Friday, with FP2 at 4pm (BST). Follow practice at the Monaco Grand Prix with The Independent. Read More Lewis Hamilton has shut the door on Ferrari – will he come to regret it? F1 Monaco Grand Prix: Why is practice no longer on a Thursday? Ferrari boss gives Lewis Hamilton update after reports of shock move