Formula 1: Ferrari’s mega offer won’t be nearly enough

Carlos Sainz Jr., Ferrari, Lewis Hamilton, Mercedes, Formula 1 (Photo by Bryn Lennon/Getty Images)
Carlos Sainz Jr., Ferrari, Lewis Hamilton, Mercedes, Formula 1 (Photo by Bryn Lennon/Getty Images) /

Ferrari are set to offer Lewis Hamilton a rather lucrative deal in an effort to make one of the biggest moves in the history of Formula 1.

Despite the confidence from Mercedes, Toto Wolff, and Lewis Hamilton on Hamilton continuing his career at the Silver Arrows, Ferrari still believe that they can pry the 38-year-old away. The move could very well shake up the Formula 1 grid in a rather dramatic fashion.

The proposed offer is said to open up at $75 million. However, that will not be enough to entice Hamilton into wearing red in 2024.

The offered salary from Ferrari is said to be similar to what the Brit is currently earning at Mercedes.

A large salary will not entice Lewis Hamilton to drive the SF-24 in the 2024 Formula 1 season.

There are many other factors that will keep him from putting pen to paper at Ferrari. Aside from the salary similarity between the two teams, a move to Ferrari would be a step down in many regards.

First off, you have efficiency and quality of management. Mercedes are filled with several top-level people involved in the managerial and strategic aspects of the team, many of whom have been there for many years. With that, the management of Mercedes over the course of a season and in races has been top notch.

Compare that to Ferrari, which have made plenty of managerial switches in the recent past and have lost several key members of the team to other teams on the grid, something Hamilton may not be too excited about.

Another key aspect separating the two teams is the car. Ever since Hamilton joined Mercedes a decade ago, the team operating out of Brackley have built a better car than Ferrari in almost every season. Even with the struggles of the Mercedes W14, the SF-23 appears to be a letdown in comparison to last season’s Ferrari.

Next. All-time F1 wins list. dark

Despite Hamilton making it clear about his intentions to continue his career with Mercedes, nothing is set in stone until he signs a new contract. But Ferrari’s anticipated offer to him will not be enough to sway him over. Ferrari being a step down from Mercedes in several aspects is a good indication that Hamilton switching allegiances to Ferrari in 2024 is unlikely.