Hamilton clinched his seventh F1 world championship with a dominant victory in Sunday’s Turkish Grand Prix, wrapping up the title with three races to spare.
Hamilton is out of contract at the end of the year, but he is widely expected to remain with Mercedes, with the two sides taking a relaxed approach to opening contract talks.
Mercedes F1 chief Wolff did not want to put a timeframe on when a new deal would be agreed and announced, saying it was possible it may wait until after the final three race run in Bahrain and Abu Dhabi is over.
“I think more than likely, we are looking towards the end of the year,” Wolff said.
“Not that we wouldn’t find time for each other, but I don’t want to put ourselves under pressure to say before Bahrain or before Abu Dhabi we will announce a new contra