Lewis Hamilton Reportedly Will Leave For Ferrari, This Is The Contract Value

Lewis Hamilton is rumored to be leaving Mercedes and moving to Ferrari. (rash.net)

JAKARTA Lewis Hamilton's tenure at Mercedes will end at the end of this year, but until now there has been no news that the British F1 racer intends to extend the contract. Rumors are circulating that Hamilton will leave for Ferrari next season.

The contract value offered by the Jingkark Horse Team to Hamilton is reportedly extraordinary, 40 million pounds sterling. That amount is equivalent to Rp7.7 trillion. However, the rumors were denied by Toto Wolff, Head of the Mercedes Team.

"Lewis is already emotionally under contract with Mercedes, and we hope he will state it in a written contract. It will all depend on the development of our car for next season. And if Lewis is able to reach the forefront again, of course he will continue his contract with us," Wolff said as quoted by Crash.

Hamilton's turmoil was due to a proposal to increase his contract value that has not been approved by Wolff as the boss of the Mercedes racing team. Hamilton submitted a proposal to increase the value of the new contract by 40 million pounds sterling, up from an old contract worth 35 million pounds sterling.

Wolff reasoned that it would be unfair if Hamilton asked for an increase in contract value because for almost three years F1 activities were vacuum due to the COVID-19 pandemic. Mercedes actually cut Hamilton's salary, and that disappointed him. Hamilton's contract with Mercedes is in effect since 2021, and ends this year.