Alonso will reportedly become the highest paid driver in the history of Formula One if he moves to McLaren.
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Two-time world champion Fernando Alonso is on the cusp of signing the biggest deal in the history of Formula One, with the Ferrari driver expected to sign a deal worth £25 million a season with McLaren-Honda.
Spanish newspaper AS reports Alonso will return to McLaren next season and will announce the move before the final race of the season in Abu Dhabi in two weeks’ time.
It is believed Alonso is seeking a one-year deal at McLaren, giving him the option to join Mercedes in 2016 in the event of either Nico Rosberg or Lewis Hamilton leaving the 2014 champions.
“Alonso and McLaren have agreed for the Spaniard to be the star of the British team’s new project with a Honda engine. Alonso will have a considerably higher salary as both McLaren and Honda make a big effort to win again,” reported AS over the weekend.
It is understood British veteran Jenson Button will make way for Alonso, with McLaren choosing to keep Danish youngster Kevin Magnussen on its books in 2015.