Reportedly, Lewis Hamilton will remain with Ferrari until the end of 2028, provided the Briton wishes to do so. Previously, it was only known that the seven-time world champion had a multi-year contract with the Italian team until the end of 2027. According to the German BILD, Hamilton’s contract also includes a unilateral option to stay with the Italians in 2028.
Lewis Hamilton embarked on his new adventure with Ferrari in January 2025. Expectations were particularly high among the tifosi, but the British driver has so far been unable to meet them. Not once did Hamilton make it to the podium during a main race in his debut season for the Scuderia, thereby setting an unwanted record. The Brit surpassed former Ferrari driver Didier Pironi. Pironi did not make it to the podium for eighteen consecutive races in 1981 and 1982, before winning the San Marino GP. Hamilton’s count stands at 24 Grands Prix without a podium finish after 2025.
Unilateral Option for 2028
Last November, Hamilton was so downcast that he declared he had no interest in continuing past 2026. However, the Briton still has a provisional contract with Scuderia, and even for longer than initially thought. According to the German publication BILD, Hamilton is indeed employed by Ferrari until at least 2027. This was also previously confirmed by team boss Frédéric Vasseur. In addition, the seven-time world champion has a unilateral option to extend his contract through 2028. If Hamilton indeed does this, he will be 43 years old at the start of his final season.
According to the German media, the contract is also quite lucrative for the Ferrari driver. Hamilton is said to earn about 55 million euros per season, making him the second highest-paid driver on the grid after Max Verstappen. The Dutchman reportedly earns 65 million euros per year at Red Bull. In addition to his salary, Hamilton also earns income from advertising and image rights, which would bring the Briton’s total salary to more than 100 million euros.
