Ferrari Preparing $50-Million Move for Lewis Hamilton in 2024 [RUMOR]

Lewis Hamilton - F1 Grand Prix of Miami
(Photo : Chris Graythen/Getty Images) MIAMI, FLORIDA - MAY 07: Lewis Hamilton of Great Britain and Mercedes walks out onto the grid prior to the F1 Grand Prix of Miami at Miami International Autodrome on May 07, 2023 in Miami, Florida.

Scuderia Ferrari are preparing a massive offer for the services of seven-time world champion Lewis Hamilton ahead of the 2024 Formula 1 season. 

The Prancing Horse team wants to give the opportunity for Hamilton to claim his record-breaking eighth world title in their famous red car, per Daily Mail.

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Scuderia Ferrari Willing To Pay $50 Million for Lewis Hamilton

The Italian-based team is said to be willing to break the bank to bring in the superstar driver in a deal worth $50 million annually, and more if required. The length of the deal remains to be unknown.

Ferrari are looking at two scenarios for their lineup if the deal goes through.

The first and favored option is that they would team up Hamilton with their own star Charles Leclerc to form perhaps the best driver lineup in the grid, then drop Carlos Sainz.

The second option would see Hamilton paired up with Carlos Sainz, while Leclerc will be shipped out to Mercedes in a driver swap.

The 38-year-old barely missed out on an eighth world championship in the final moments of the 2021 Abu Dhabi Grand Prix, when a controversial ruling by race director Michael Masi enabled Red Bull's Max Verstappen to overtake the Mercedes driver with fresher tyres in the final lap of the season, according to BBC.

Ever since the conclusion of the 2021 season, which saw an intense title race between Verstappen and Hamilton, the latter has not been able to win a race while the Dutch driver continued to stack up wins and another championship.

After the Abu Dhabi debacle, Hamilton signed a two-year deal to stay with Mercedes which expires at the end of the current season.

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