“We jointly agreed on a one-year deal,” Wolff said. “First of all, there is substantial regulation changes in 2022.
“We also want to see how the world develops, and the company.
“And on the other side, because we kept it very late we wanted to discuss the contract at the end of the season between the Bahrain races and then obviously Lewis didn’t feel well [contracting COVID-19] and at the end we started our conversation just before Christmas.
“It was important to get it done as soon as possible. And in that respect we thought, ‘let’s postpone the discussion about 2022 and onwards to a later stage in 2021’.”