Sunday, February 4, 2024

Business in Lewis Hamilton Switch to Ferrari

A lone driver staring at sunset in Silverstone next to his F1 Car  | Source: AI-generated Image 

According to reports by several news outlets, the seven-time champion is getting paid about 100 million dollars per year at the Ferrari, and the company will be investing in Lewis Hamilton's upcoming personal projects he is planning for retirement.

In a Reddit post, there is a mention of a Podcast by Formu1a.uno on Twitch by The_Chozen_1_, where he writes the following:

There could be a massive migration of talent from different teams to Ferrari's headquarters along with Lewis. This is important for the team and Lewis as they could benefit from the experience, try to solve the issues in the Ferrari, and win the Championship and Constructors Trophy.

Mercedes's lead engineer got all the required permissions from the present and future teams, and the decision to choose his workplace is up to the engineer. 

Coming to the teammate Charles, he is happy to work and get guidance from the experienced champion and his idol in the sport. The current teammate, Carlos Sainz, and their team have gotten a bit disappointed and even deleted the Instagram highlights, which include the Ferrari. He needs to prove to others and get a suitable contract by the end of this season, or else he needs to be on a sabbatical. He would be getting in a mid-team before half the season is done.

Wearing and driving for the Red Team in F1 is a dream for any F1 driver, and Lewis chooses to go for them at the end of his career. Ferrari started their efforts to sign Lewis 3 weeks before and excluded well; this deal makes a considerable history in F1 history as it is the biggest deal between two famous parties and a huge financial deal in the history of F1. 

For Ferrari, Lewis and Charles are unbeatable drivers on paper, but for this to work, well-executed strategies are required, along with the fastest cars on the track for that year. We have seen so many times that Ferrari strategies don't work well on the field during a high-stakes race.

Here is the photo of Charles and Lewis posted on Reddit during the 2016 F1 race, where Charles is still an F1 rookiee.


The 2025 Ferrari drivers during a red flag at the 2016 Brazilian Grand Prix.
byu/rodiraskol informula1

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