Unbelievable! The millionaire amount that Lewis Hamilton will receive every year at Ferrari

The European press assures that the amount that the British driver will earn by racing for the Italian team is around 60 million euros.

Lewis Hamiltonseven times world champion Formula 1, will receive approximately 60 million euros annually for racing for the Italian team Ferrari from 2025, according to the European press published this Monday. The British driver, who is leaving the team Mercedes after 12 yearswill be a pilot for the Italian company starting next year and his annual contract will reach 60 million, according to the English newspaper The Telegraph.

Hamilton, 40, “He is ready to return to the game, start from scratch with a new team and leave a very long love story with Mercedes, which for 12 years brought him to the top of the Olympus of motorsports, establishing their themselves as the winningest pair in the history of Formula 1’s Great Circus”Italian newspaper Tuttosport indicated.

“There is a lot of enthusiasm and the Ferrari fans are in high spirits as is Lewis (Hamilton)”said the sports publication, which also revealed that “These sensations have not been experienced for many years due to the almost complete dominance of Max Verstappen (Red Bull) in F1”.

The Italian press maintains it “The incredible and unexpected multi-year agreement signed between the most successful driver in history and the most prestigious team on the circuit is an epic contract also because of the leaked numbers”.

Hamilton Effect: Ferrari shares explode after F1 bombing

Within hours of the news, the markets reacted immediately: The company’s shares rose by 9.2 percent and traded at a final value of 353 euros. What is remarkable about this number is that compared to the closing stock last year, if that figure is taken into account, each title has increased by 100 euros. Net income also increased, reaching €5.97 billion, up 17.2 percent.

Another financial point that stands out from the company’s data is surpassed by for the first time in its history the threshold of one billion euros. The net income recorded was 1.25 billion euros, 34 percent more than in 2022. Another value of note is the 38.2 percent EBITDA margin, an indicator of the financial health of publicly traded companies. Its milestone on this indicator is 35.9 in 2021.