Who is Hamilton replacing at Ferrari?
Carlos Sainz reveals why Ferrari opted to replace him with Lewis Hamilton. Ferrari have long admired Sainz, son of two-time world rally champion Carlos Sr. The same can be said for a handful of other drivers on the grid, but with the Spaniard, they felt he was the right package that could slot into their team.Formula 1 driver Carlos Sainz Jr. Ferrari Daytona SP3 in Monaco. Perhaps it’s a parting gift from the Scuderia as he leaves the team for Williams next season.Former Williams F1 deputy team principal Claire Williams has revealed that she tried to sign Carlos Sainz during her time in charge of the team. Sainz is preparing for his first season as a Williams driver having been forced to make way for seven-time World Champion Lewis Hamilton at Ferrari for F1 2025.Sainz signed for Ferrari in 2021, replacing Sebastian Vettel to partner Charles Leclerc.Speaking in an appearance on the Beyond The Grid podcast, Sainz revealed how Ferrari’s decision to replace him meant he “suffered” over the winter, but feels the process ultimately made him a “much better driver”.
Why did Stefano Domenicali leave Ferrari?
Stefano Domenicali resigns as Ferrari’s F1 chief over poor results. Stefano Domenicali has paid the price for Ferrari’s disappointing form of recent seasons and will be replaced as team principal by Marco Mattiacci, the president and CEO of Ferrari North America. Mattia Binotto has resigned as the boss of Ferrari’s Formula One team after its disappointing season. Ferrari came into 2022 as strong favourites for the championship and won two of the opening three races, but their challenge soon faded.He chose to leave Ferrari as tired of coming in second place, he hasn’t seen the podium anymore and couldn’t find any top team seat in F1 till his retreat. Overwhelmed with failure he asked to come back but Maranello’s doors closed forever for him. Fernando Alonso, McLaren.Formerly the team principal of Scuderia Ferrari in Formula One from 2019 to 2022, he has been the chief operating officer (COO) and chief technical officer (CTO) of Sauber Motorsport since 1 August 2024. Since 5 May 2025, Mattia has been the Head of the Audi F1 Project.As a result, Mattia Binotto retires from Scuderia Ferrari to help the team continue to grow. Mattia Binotto states that he is leaving a company he loves but thinks the team is growing and ready to achieve its highest goals.In Italy some called him a coward. Even Enzo Ferrari had doubts and made plans to replace him, a reaction that angered Niki and made his winning the 1977 driving title a form of revenge. Having clinched the championship with two races remaining, Niki decided to skip them and told Ferrari he was leaving.
Why was Carlos removed from Ferrari?
The 29-year-old lost his Ferrari seat because the team signed Leclerc on a new, long-term contract last winter and then grabbed Lewis Hamilton after he made it clear he was open to leaving Mercedes, just months after signing a new contract with them. Toto Wolff, the team principal of Mercedes, is by far the wealthiest team principal in Formula 1, with a staggering net worth of £1. Wolff’s fortune comes not only from his role at Mercedes but also from his substantial stake in the team.Formula 1 is as much about business as it is about racing, with the top teams boasting valuations in the billions. In 2025, Ferrari leads as the richest team ($4. Mercedes ($3. Red Bull Racing ($3. McLaren ($2. Aston Martin ($2.His wealth, estimated at around $1. Billion as of 2025, has been built through a combination of his role at Mercedes, personal investments, and strategic ventures in motorsports and beyond. While Wolff may not be richer than his star driver, Lewis Hamilton, his financial standing is nonetheless remarkable.Ferrari are paying Lewis Hamilton up to £50million per year but are already reaping the financial rewards from having the seven-time Formula 1 champion even before his first race. A single social media post by Lewis Hamilton broke another Formula 1 record and raked in a huge amount for Ferrari.Why did Hamilton join Ferrari? Hamilton joined Ferrari after three underwhelming seasons with Mercedes. With renewed motivation in the face of a new challenge, his ultimate goal will be returning the Scuderia to its glory days and finally securing that elusive, record-breaking eighth world title.
Who did Charles Leclerc replace in Ferrari?
Leclerc signed for Ferrari in 2019, swapping seats with Kimi Räikkönen to partner four-time World Drivers’ Champion Sebastian Vettel. Elsewhere, Charles Leclerc remains Ferrari’s second-highest earner with a $34 million salary, while two-time world champion Fernando Alonso continues to secure a strong paycheck at Aston Martin with $20 million.Formula 1 Driver Salaries in 2025 Verstappen, Hamilton and Leclerc are outliers to some extent when it comes to F1 earnings, while the rest of the field tends to be closer in pay, ranging from $2 to $20 million per year. Here’s the full list of compensation in 2025 for Formula 1’s 20 drivers.Extension (CURRENT) Charles Leclerc signed a 5 year contract with the Ferrari, including $16 signing bonus, and . In 2025, Leclerc will earn a base salary of $34,000,000, while carrying a cap hit of $34,000,000. Source: FORMULA 1 contract specifics generally collected from verified reports.Extension (CURRENT) Charles Leclerc signed a 5 year contract with the Ferrari, including $16 signing bonus, and . In 2025, Leclerc will earn a base salary of $34,000,000, while carrying a cap hit of $34,000,000. Source: FORMULA 1 contract specifics generally collected from verified reports.F1 is a results-oriented business, so it’s no surprise that Red Bull’s Max Verstappen is reportedly the highest-paid driver on the grid. The Dutchman is set to earn $65 million in 2025 as he chases his fifth successive drivers’ championship. Seven-time world champion Lewis Hamilton sits closely behind Verstappen.
Why did Mattia Binotto leave Ferrari?
While Scuderia Ferrari showed promise for the 2022 season early on, it was clear that there was room for improvement. As a result, Mattia Binotto retires from Scuderia Ferrari to help the team continue to grow. When Alonso left F1 at the end of 2018, after four torrid and disappointing years with McLaren, he said it was not because he couldn’t get a drive at a top team – though in reality, there were no seats at the big teams available – but rather because he wanted to take on bigger challenges outside of Formula 1.Alonso had severe disagreements with team principal Marco Mattiacci in 2014 and left Ferrari after contract negotiations to remain at the team fell through. He rejoined McLaren on a three-year contract from 2015 to 2017 with no opt-out clauses.
Why is Lewis Hamilton going to Ferrari in 2025?
Hamilton had signed a new deal with his current team in the summer of 2023, which would keep him at the squad through to the end of 2025. However, activating a release option in his contract allowed Hamilton to put pen to paper with Ferrari, who he will join next season after his final campaign with Mercedes in 2024. Lewis Hamilton is tied into his Ferrari contract until the end of the 2026 F1 season, but Bernie Ecclestone does not think the partnership will last that long.Sir Lewis Carl Davidson Hamilton (born 7 January 1985) is a British racing driver who competes in Formula One for Ferrari.Carlos Sainz said he had no hard feelings towards seven-time Formula One world champion Lewis Hamilton over the Briton’s impending move to Ferrari as his replacement. Hamilton will take Sainz’s seat alongside Charles Leclerc at the Italian glamour team next season in a shock move announced earlier this month.
Is Hamilton retiring from F1?
Lewis Hamilton addresses F1 retirement rumours in new Ferrari message. To say that the start of the F1 2025 season hasn’t gone to plan for Lewis Hamilton and Scuderia Ferrari might be something of an understatement. But according to the seven-time World Champion, he’s not calling it quits any time soon. Lewis Hamilton holds the record for the most race wins in Formula One history, with 105 wins to date. Michael Schumacher, the previous record holder, is second with 91 wins, and Max Verstappen is third with 65 victories.The top five richest Formula 1 drivers in 2025 are Lewis Hamilton, Fernando Alonso, Max Verstappen, Charles Leclerc, and Carlos Sainz. Hamilton leads with $434 million, followed by Alonso’s $240 million.Having committed to Aston Martin for F1 2026, Fernando Alonso says next season will be “very important” in deciding his future – but it will “not” be the final chapter. At 43, Alonso may be the oldest driver on today’s Formula 1 grid but he’s not stopping any time soon.