Lewis Hamilton Ferrari Move and Latest F1 News
British racing driver Lewis Hamilton joined Scuderia Ferrari for the 2025 Formula One season under a multi-year agreement.
Following a challenging debut year, the 41-year-old secured his first Grand Prix victory for the Italian team at the 2026 Spanish Grand Prix.
| Current Team | Scuderia Ferrari |
| Contract Duration | 2025–2026 seasons (with a 2027 option) |
| Reported Base Salary | $60 million to $65 million per year |
| Joint-Investment Fund | Over $272 million via Exor |
| Maiden Ferrari GP Win | June 14, 2026 (Spanish Grand Prix) |
| 2026 Championship Standing | 2nd place (as of August 2026) |
The Formula One landscape experienced a historic shift when British racing driver Lewis Hamilton signed a multi-year contract with Scuderia Ferrari. Announced in early 2024, the deal was structured as a two-year agreement covering the 2025 and 2026 seasons, with an optional extension for the 2027 season. Financially, the agreement is one of the most lucrative in motorsport history. Hamilton's base salary at Ferrari is reported to be between $60 million and $65 million per year. With performance bonuses, personal sponsorships, and image rights, his total annual earnings can potentially reach up to $100 million. Additionally, the partnership includes a joint-investment fund worth over $272 million provided by Ferrari's parent brand, Exor. This fund supports Hamilton's Mission 44 initiative and positions him as a brand ambassador.
Hamilton's debut season with the Italian team in 2025 proved highly challenging. For the first time in his illustrious Formula One career, the British driver failed to secure a single Grand Prix podium finish. He concluded the 2025 Drivers' Championship in sixth place with 156 points. In contrast, his Ferrari teammate Charles Leclerc enjoyed a stronger campaign, outscoring Hamilton 242 to 156. Leclerc also dominated their head-to-head battles, beating Hamilton 18-3 in races and 19-5 in qualifying sessions. Despite the struggles, Hamilton found some success by winning the Sprint race in China, and he achieved four fourth-place finishes in Grand Prix races at Imola, Austria, Silverstone, and Austin.
The 2026 season brought a dramatic turnaround for Hamilton under the sport's new regulations. On June 14, 2026, he captured his maiden Grand Prix victory for Ferrari at the Spanish Grand Prix in Barcelona. This triumph ended a 686-day win drought that had lasted since the 2024 Belgian Grand Prix. The race also marked a historic milestone for British motorsport, as Hamilton shared the podium with runner-up George Russell and third-placed Lando Norris, forming the first all-British Formula One podium since 1968.
By the mid-season break in August 2026, Hamilton had firmly established himself as a title contender once again. He sits in second place in the Drivers' Championship standings. Although he trails championship leader Kimi Antonelli of Mercedes by 50 points, his resurgence has revitalized Ferrari's championship aspirations and proved the potential of his high-profile career move.
