Seven-time Formula One world champion Lewis Hamilton is out of contract with Mercedes at the end of the season, and speculation is mounting that he could move to Ferrari.
The Daily Mail reported on Monday that Ferrari are set to offer Hamilton a £40 million ($50.48 million) deal to race in red as team mate to Charles Leclerc. The Italian newspaper Gazzetta dello Sport said the speculation "would apparently have a foundation of truth" but could not confirm the figures.
There was no comment from Mercedes or Ferrari, but social media was buzzing with the news.
Hamilton has been linked to Ferrari before, and in 2019 twice met company president John Elkann socially. He has also been seen driving Ferrari cars on occasion.
The move would be a major coup for Ferrari, who are looking to end their seven-year championship drought. Hamilton would be a huge asset to the team, both on and off the track.
However, it would also be a major blow to Mercedes, who have dominated F1 for the past decade. Hamilton is one of the most successful drivers in the history of the sport, and his departure would be a major loss.
It remains to be seen what Hamilton will decide. He has said in the past that he wants to stay with Mercedes, but the lure of Ferrari and the chance to win another championship could be too much to resist.
The next few races will be crucial in shaping Hamilton's decision. If Mercedes can start winning races again, it will be a major boost to his chances of staying with the team. However, if they continue to struggle, he may be tempted to move on.
Only time will tell what Hamilton will decide, but the speculation is sure to continue until he makes a final announcement.
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