Current:Home > reviewsFormula 1 star Lewis Hamilton to depart Mercedes for Ferrari in 2025 -Stellar Financial Insights
Formula 1 star Lewis Hamilton to depart Mercedes for Ferrari in 2025
View
Date:2025-04-17 00:50:40
Seven-time World Drivers' Champion Lewis Hamilton is preparing to make a switch from Mercedes to Ferrari in a massive Formula One shake-up, according to reports.
Hamilton, who won six of his seven titles – including four straight – with Mercedes, had signed a two-year contract extension with the England-based team in August 2023. However, his contract left him eligible to depart after 2024, which the English driver is set to do after his 12th season with the Silver Arrows.
“I have had an amazing 11 years with this team and I'm so proud of what we have achieved together," Hamilton said in a statement. "Mercedes has been part of my life since I was 13 years old. It's a place where I have grown up, so making the decision to leave was one of the hardest decisions I have ever had to make. But the time is right for me to take this step and I'm excited to be taking on a new challenge."
In a May 2023 interview, the then-38-year-old Hamilton told ESPN that he had given some thought to ending his driving career away from Mercedes, even mentioning Ferrari.
"I'd be lying if I said I'd never thought about ending my career anywhere else," he said at the time. "I thought about and watched the Ferrari drivers on the screens at the track and of course you wonder what it would be like to be in red."
Mercedes announce Hamilton's departure
Mercedes made a formal announcement about Hamilton's departure on Thursday afternoon, confirming that 2024 will be his last season with the team after he activated a release option in his contract.
Silver Arrows team principal Toto Wolff added in a statement that the team accepts Hamilton's decision and that Mercedes' future potential is "exciting to contemplate."
With Ferrari's announcement just days ago of a long-term contract extension with Monégasque driver Charles Leclerc, Hamilton appears set to replace Spainard Carlos Sainz on the Scuderia roster. Leclerc and Sainz have driven together for the Scuderia for the last three seasons.
Scuderia Ferrari:Formula One driver Charles Leclerc inks contract extension with Italian team
Scuderia Ferrari announce Hamilton contract
Ferrari's Formula One team released a statement on social media to officially announce Hamilton will join the Scuderia in 2025 on a multi-year contract.
Sainz announces he will leave Ferrari after 2024
Sainz released a statement of his own on social media platform X (formerly Twitter) after Mercedes' official announcement.
"Scuderia Ferrari and myself will part ways at the end of 2024," he said. "News about my future will be announced in due course."
Max Verstappen:Dutch driver captures third consecutive Formula 1 championship
Hamilton winless in last 44 races
After years of success at the top of the standings with Mercedes from 2014-2021, Hamilton has gone winless in his 44 races over the last two seasons. Though he finished third in the World Drivers' Championship last season, he and the Silver Arrows haven't been able to overcome the dominance of Red Bull and Max Verstappen.
In the coming years, the Englishman could have a shot at breaking his tie for World Drivers' Championships with Scuderia Ferrari icon Michael Schumacher. The German won seven titles himself over the span of about a decade, including five straight for Ferrari from 2000-2004.
Ferrari would be Hamilton's third Formula One team after he began his career at McLaren in 2007 before joining Mercedes in 2013.
The 2024 Formula One season will begin on March 2 with the Bahrain Grand Prix.
veryGood! (9)
Related
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Louisiana’s tough-on-crime governor-elect announces new leaders of state police, national guard
- Elton John addresses Britain’s Parliament, urging lawmakers to do more to fight HIV/AIDS
- Businesses where George Floyd was killed sue Minneapolis, saying police are not protecting the area
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Attorney says Young Thug stands for 'Truly Humble Under God' in Day 2 of RICO trial
- China factory activity contracts in November for 2nd straight month despite stimulus measures
- Shannen Doherty Details Horrible Reaction After Brain Tumor Surgery
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Chemical firms to pay $110 million to Ohio to settle claims over releases of ‘forever chemicals’
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- National Christmas Tree toppled by strong winds near White House
- Pope says he has acute bronchitis, doctors recommended against travel to avoid change in temperature
- What does 'G.O.A.T.' mean? Often behind a hashtag, it's a true compliment.
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- ABC News correspondent Rebecca Jarvis details infertility, surrogacy experience for 'GMA'
- Opposition protesters in Kosovo use flares and tear gas to protest against a war crimes court
- What Kate Middleton Really Thinks of Prince Harry and Meghan Markle
Recommendation
Grammy nominee Teddy Swims on love, growth and embracing change
Proposed NewRange copper-nickel mine in Minnesota suffers fresh setback on top of years of delays
Maine residents, who pay some of the nation’s highest energy costs, to get some relief next year
What Kate Middleton Really Thinks of Prince Harry and Meghan Markle
The Best Stocking Stuffers Under $25
Don’t have Spotify Wrapped? Here's how to get your Apple Music Replay for 2023
Hearing in Minnesota will determine if man imprisoned for murder was wrongfully convicted
Whale hunting: Inside Deutsche Bank's pursuit of business with Trump