Current:Home > InvestFormula 1 star Lewis Hamilton to depart Mercedes for Ferrari in 2025 -Finovate
Formula 1 star Lewis Hamilton to depart Mercedes for Ferrari in 2025
View
Date:2025-04-17 20:45:18
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! (96)
Related
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Kimora Lee Simmons Breaks Silence on Daughter Aoki’s Brief Romance With Restaurateur Vittorio Assaf
- Seattle to open overdose recovery center amid rising deaths
- Gun thefts from cars in the US have tripled over the past decade, new report finds
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Suspected pirate attack in the Gulf of Aden raises concerns about growing Somali piracy
- Carmelo Hayes is ready to prove his star power on WWE roster: 'Time to make a statement'
- Mom goes viral for 'Mother’s Day rules' suggesting grandmas be celebrated a different day
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Is decaf coffee bad for you? What to know about calls to ban a chemical found in decaf.
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Is Brock Purdy really the second-best quarterback? Ranking NFL QBs by 2025 MVP odds
- 2 skiers killed, 1 rescued after Utah avalanche
- Authorities make arrest in 2001 killing of Georgia law student who was found dead in a burning home
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Judge approves conservatorship for Beach Boys' Brian Wilson
- Judge approves conservatorship for Beach Boys' Brian Wilson
- 700 union workers launch 48-hour strike at Virgin Hotels casino off Las Vegas Strip
Recommendation
Sam Taylor
Killing of an airman by Florida deputy is among cases of Black people being shot in their homes
Officer fatally shoots armed suspect in domestic disturbance that injured man, police say
Cushion or drain? Minimum-wage hike for food delivery drivers may get cut after debate in Seattle
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
He's been in an LA hospital for weeks and they have no idea who he is. Can you help?
Suspect wanted, charged with murder of attorney after shooting at McDonald's in Houston
Indiana-Atlanta highlights: How Caitlin Clark, Fever performed in second preseason game