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Formula One is introducing a budget cap next year, with teams agreed on $145 million but McLaren and others seeking a further drop to around $100 million with Ferrari opposed.
Six-time Formula One world champion Hamilton said he was already with his dream team at Mercedes and not seeking to leave.
Four times a championship runner-up, and also third overall on three occasions, no other driver has won as many races without taking the title.
Renault, whose F1 drivers are Australian Daniel Ricciardo and Frenchman Esteban Ocon, said it would top up the amount allocated by the government to guarantee a minimum of 80 per cent of actual salary for all team members.
Williams said British driver George Russell and Canadian rookie Nicholas Latifi will take a 20 per cent salary reduction. Racing Point said Canadian driver Lance Stroll and Mexican Sergio Perez would also take voluntary wage cuts.
The sportscar maker said in a statement the temporary three-month wage reduction was part of wider cost-cutting measures due to the impact of the pandemic on its business.
Seven of the 10 F1 teams have joined forces with leading aerospace and engineering companies to ramp up production of ventilators while Mercedes has also worked with medics and academics to produce an alternative breathing aid.
Formula One announced this month that it was postponing until 2022 planned major rules changes for 2021 'due to the currently volatile financial situation' caused by the coronavirus.
The first, run on the official F1 2019 PC video game, will be held from 2000 GMT on Sunday when fans should have been tuning in on television to the Bahrain Grand Prix.
Formula One and the governing FIA said they expected to begin the championship in Europe at the end of May, subject to regular review.