On 28 January 2007, it was announced that Häkkinen would remain in DTM for the 2007 season for HWA, and was partnered by Spengler, Green and Schneidler.
Häkkinen stated that during 2006, his team's potential was not realised and aimed during 2007 to improve on his results.
He started the season by earning consecutive finishes in the first two races, albeit outside of the points scoring positions.
At the third race of the season held at EuroSpeedway Lausitz, Häkkinen won his first race of the season although only half points were awarded due to errors made by race organisers, resulting in the official race result remaining provisional.
He held pole for the following race at Brands Hatch where he finished in fourth position, and followed the result with a ninth-place finish at the Norisring.

Häkkinen had his second victory of the season at Mugello, after starting from 15th position.
He later managed 7th place at Zandvoort and later finished with a 10th-place finish at the Nürburgring.
At the race held at the Circuit de Catanuya, Häkkinen was involved in a collision with Audi driver Martin Tomczyk.
Häkkinen was penalised with a €20,000 fine, received a ten-place grid penalty for the next round and was disqualified from the race.
He finished the season with a 17th-place finish at the Hockenheimring.
Häkkinen finished the season 7th place in the Championship, with 22 points.
On 28 January 2007, it was announced that Häkkinen would remain in DTM for the 2007 season for HWA, and was partnered by Spengler, Green and Schneidler. Häkkinen stated that during 2006, his team's potential was not realised and aimed during 2007 to improve on his results. He started the season by earning consecutive finishes in the first two races, albeit outside of the points scoring positions. At the third race of the season held at EuroSpeedway Lausitz, Häkkinen won his first race of the season although only half points were awarded due to errors made by race organisers, resulting in the official race result remaining provisional. He held pole for the following race at Brands Hatch where he finished in fourth position, and followed the result with a ninth-place finish at the Norisring.
Häkkinen had his second victory of the season at Mugello, after starting from 15th position. He later managed 7th place at Zandvoort and later finished with a 10th-place finish at the Nürburgring. At the race held at the Circuit de Catanuya, Häkkinen was involved in a collision with Audi driver Martin Tomczyk. Häkkinen was penalised with a €20,000 fine, received a ten-place grid penalty for the next round and was disqualified from the race. He finished the season with a 17th-place finish at the Hockenheimring. Häkkinen finished the season 7th place in the Championship, with 22 points.
Mika Häkkinen