Lewis Hamilton to receive $107 million per year at Ferrari

Lewis Hamilton is set to pocket a staggering $107 million annually at Ferrari when he joins the team in 2025. Hamilton sent shockwaves through the sports world on Thursday as he officially made the move to the “Prancing Horse.”

The 39-year-old driver will embark on his journey with the team under a multi-year contract, aiming to reclaim the World Championship title.

More on this topic:

Leclerc dominates and wins US GP, Ferrari gets 1-2

His financial package, encompassing salary, sponsorships, image rights, bonuses, and more, is slated to reach $107 million, as reported by the Italian website formu1a.uno.

According to formu1a.uno’s report, Hamilton was swayed not only by the financial aspects but also by assurances of the car’s competitiveness. This includes technical guarantees, such as advancements in the new car engine designed in Maranello, set to be utilized on the track starting from the 2026 season, coinciding with the implementation of new regulations.