P1racenews AI automatic summary:
For Ferrari, bringing in Lewis Hamilton has been a brilliant move on several levels. After all, the seven-time world champion will play a major role at the Scuderia not only on the sporting front but also commercially. Yet reports about Hamilton’s salary still vary enormously.
earn a high salary at Ferrari, possibly exceeding $100 million. His move to Ferrari is seen as a bold and challenging decision, as he will need to lead the team to a world title and compete against Charles Leclerc. The Italian media has varying reports on his salary, but given Hamilton’s commercial value and popularity, Ferrari was willing to pay a significant amount. The length of his contract is uncertain, but there is speculation about a two- or three-year deal. Ferrari’s revenue is heavily influenced by merchandise, and with Hamilton’s fashion-forward image, the brand is expected to benefit. The exact details of his salary and bonus arrangements are yet to be disclosed.
