Motorsport Week
  • Formula 1
    • 2025 Formula 1 Calendar
    • 2025 Formula 1 Standings
  • Formula E
    • 2025 Formula E Calendar
    • 2025 Formula E Standings
  • IndyCar
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WRC
    • 2025 WRC Standings
    • 2025 WRC Calendar
  • MotoGP
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
  • WEC
    • 2025 WEC Calendar
  • IMSA
    • 2025 IMSA Calendar
  • World SBK
  • More
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
    • Technical Insight
    • Galleries
    • About/Contact
    • Privacy Policy
No Result
View All Result
  • Formula 1
    • 2025 Formula 1 Calendar
    • 2025 Formula 1 Standings
  • Formula E
    • 2025 Formula E Calendar
    • 2025 Formula E Standings
  • IndyCar
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WRC
    • 2025 WRC Standings
    • 2025 WRC Calendar
  • MotoGP
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
  • WEC
    • 2025 WEC Calendar
  • IMSA
    • 2025 IMSA Calendar
  • World SBK
  • More
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
    • Technical Insight
    • Galleries
    • About/Contact
    • Privacy Policy
No Result
View All Result
Motorsport Week
Home Single Seater Formula 1

Ferrari rumoured to invest in Hamilton’s projects outside of F1

by Dan Lawrence
1 year ago
A A
0
Ferrari want ‘more clarity’ on F1 rules after Sainz Vegas GP penalty

John Elkann (ITA) FIAT Chrysler Automobiles Chairman. 18.11.2023. Formula 1 World Championship, Rd 22, Las Vegas Grand Prix, Las Vegas, Nevada, USA, Race Day.

Share on FacebookShare on Twitter

Ferrari President John Elkann is said to have offered Lewis Hamilton a joint investment fund via his Exor family business to help with his various projects out of Formula 1.

Elkann and Hamilton maintain a friendship which was key in Ferrari attracting the Mercedes driver to a multi-year contract starting in 2025 – the news of which broke to the surprise of everyone associated with the sport on Thursday.

Hamilton activated a clause in his contract to end his two-year Mercedes extension at the halfway point – the end of this coming season.

Beyond the allure of driving for Ferrari and the potential of winning an eighth world title, Sportune reports that a sizeable investment to aid Hamilton’s projects also helped encourage the British driver’s signature.

RelatedPosts

Christian Horner has been tipped to make a return to F1

Christian Horner backed to replicate Toto Wolff with potential next F1 move

1 hour ago
Fernando Alonso feels the Silverstone upgrades had less impact than the Imola package on the AMR25

Why Aston Martin’s F1 upgrades came up short at British GP

3 hours ago
(L to R): Lewis Hamilton (GBR) Mercedes AMG F1 with Charles Leclerc (MON) Ferrari. 16.03.2023. Formula 1 World Championship, Rd 2, Saudi Arabian Grand Prix, Jeddah, Saudi Arabia, Preparation Day.

The French media outlet reports that in addition to a yearly contract that is alleged to be worth in the region of €80 million a year, Elkann has proposed a €250 million joint venture for Hamilton’s out-of-F1 initiatives, whilst making the British driver an ambassador of his own brand.

Chief among Hamilton’s initiatives is Mission 44, a charitable organisation dedicated to encouraging a more inclusive education system and encouraging persons from diverse backgrounds to launch careers within STEM, motorsport, and the creative industries.

Upon signing his two-year contract extension with Mercedes in September, Hamilton expressed his desire to end his career with the Silver Arrows and emulate the late Stirling Moss by extending that relationship beyond retirement from F1.

Crucially, however, Sportune notes an ambassadorial role was a sticking point in Hamilton’s negotiations with Mercedes and remained off of the table.

Hamilton will be 40 when he embarks on his Ferrari journey and the multi-year contract he has signed with the Scuderia could well be his last in F1.

As a result, any terms outside of racing hold greater importance compared to deals made by Hamilton’s younger rivals.

Tags: ElkannF1FerrariLewis Hamilton
Share211Tweet132Share

Related Posts

Christian Horner has been tipped to make a return to F1
Formula 1

Christian Horner backed to replicate Toto Wolff with potential next F1 move

1 hour ago
Fernando Alonso feels the Silverstone upgrades had less impact than the Imola package on the AMR25
Formula 1

Why Aston Martin’s F1 upgrades came up short at British GP

3 hours ago
Tim Mayer (USA) FIA Forward announces his running for FIA Presidency at a Media Briefing at Whittlebury Hall. 04.07.2025. Formula 1 World Championship, Rd 12, British Grand Prix, Silverstone, England, Practice Day
Formula 1

FIA presidential candidate challenged over ‘deeply unfair’ and ‘inaccurate’ remarks

4 hours ago
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Upcoming Races

#EventDate
13Belgian GP25-27 July
14Hungarian GP01-03 August
15Dutch GP29-31 August
16Italian GP05-07 September
17Azerbaijan GP19-21 September

Click here for the full 2025 F1 calendar

Drivers’  Standings

#DriverPts
Oscar Piastri234
Lando Norris226
Max Verstappen165
George Russell147
Charles Leclerc120
Lewis Hamilton103
Andrea Kimi Antonelli63
Alexander Albon44
Nico Hulkenberg37
Isack Hadjar28

Click here for full Drivers’ Standings

Latest Articles

Christian Horner has been tipped to make a return to F1
Formula 1

Christian Horner backed to replicate Toto Wolff with potential next F1 move

July 13, 2025
Fernando Alonso feels the Silverstone upgrades had less impact than the Imola package on the AMR25
Formula 1

Why Aston Martin’s F1 upgrades came up short at British GP

July 13, 2025
Tim Mayer (USA) FIA Forward announces his running for FIA Presidency at a Media Briefing at Whittlebury Hall. 04.07.2025. Formula 1 World Championship, Rd 12, British Grand Prix, Silverstone, England, Practice Day
Formula 1

FIA presidential candidate challenged over ‘deeply unfair’ and ‘inaccurate’ remarks

July 13, 2025

Follow Motorsport Week

Join our daily motorsport newsletter

* indicates required

Motorsport Week

© 2024 Motorsport Media Services Ltd

Other Links

  • About & Contact
  • Privacy Policy
  • Motorsport Monday

Follow Us

No Result
View All Result
  • Login
  • Sign Up
  • Home
  • Formula 1
    • Latest News
    • 2025 F1 Calendar
    • 2025 F1 Championship Standings
  • Formula E
    • Latest News
    • 2025 FE Calendar
    • 2025 FE Championship Standings
  • MotoGP
    • Latest News
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
    • World Superbikes
  • WRC
    • Latest News
    • 2025 WRC Calendar
    • 2025 WRC Standings
  • IndyCar
    • Latest News
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WEC
    • Latest News
    • 2025 WEC Calendar
  • Live Updates
  • Other
    • IMSA
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
  • Galleries
  • About/Contact
  • Privacy Policy

© 2024 Motorsport Media Services Ltd