Newly crowned Formula One world champion Jenson Button has sealed his move to McLaren, said the Woking-based team in a statement on Wednesday.

The 29-year-old signed a multi-year deal with McLaren and joined fellow British Lewis Hamilton for next season's race.

According to previous day's report on Guardian, the contract covers three years and is worth 6 million pounds (about 10.10 million U.S. dollars) a year.

If the details are right, Button could double his current salary.

His previous team Brawn GP, which wished to keep the driver but refused to give him a raise on salary, was taken over by German carmaker Mercedes on Monday.