Lewis Hamilton’s Ferrari Move Comes with Staggering $446 Million Deal Beyond F1 Driving Duties
Lewis Hamilton’s move to Ferrari has reportedly been secured with a lucrative deal worth a staggering $446 million, extending beyond his Formula 1 driving commitments. The deal allegedly includes a two-year contract initially turned down by Hamilton, with a pay packet exceeding $87 million for the 2025 season and an option for 2026.
As part of the agreement, a significant portion of the earnings would fund Hamilton’s Mission 44 organization, and Ferrari’s chairman, John Elkann, proposed a joint-investment fund through parent brand Exor, valued over $272 million. Hamilton will serve as the ambassador for his portfolio in this joint venture.
The financial details reveal the extensive commitment and investment Ferrari is making to secure Hamilton’s services, making him one of the highest-earning drivers in Formula 1. The move adds an extra layer to the already significant impact Hamilton will have beyond the racetrack, emphasizing his role in both sporting and business ventures.