Ferrari preparing $50M offer to lure Hamilton – report

Ferrari is reportedly preparing to offer seven-time world champion Lewis Hamilton $50 million to leave Mercedes for the Scuderia at the end of the season.

Hamilton, 38, has repeatedly said he plans to re-sign with Mercedes once his contract expires at the end of the year. However, the Daily Mail reported on Monday that Ferrari president John Elkann has been “in close contact with Hamilton.”

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Hamilton currently shares the all-time record of seven championships with legendary Ferrari driver Michael Schumacher. He narrowly missed out on No 8 in the final race of 2021.