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Hamilton’s Ferrari contract: The clause that could change everything

In a twist that adds yet another layer to one of Formula 1’s most fascinating career moves, Lewis Hamilton reportedly has complete control over how long he remains at Ferrari – including the power to unilaterally extend his stay into the 2027 season.

According to Italian sports daily La Gazzetta dello Sport, the seven-time world champion’s blockbuster move from Mercedes to the Scuderia came with more than just a lucrative two-year deal.

Hidden in the fine print is said to be a clause allowing Hamilton to decide – regardless of results – whether to continue into a third year in red.

Backed by the Top

Ferrari chairman John Elkann is reported to be firmly behind Hamilton’s tenure, even preparing a detailed roadmap of improvements designed to help the 40-year-old rediscover his form. La Gazzetta describes Ferrari’s commitment to the Briton as akin to following its star driver “like a beacon in the storm.”

“There is no other choice,” the report adds, “since Elkann has decided to hire the most successful driver in history, the symbol of F1, investing huge sums in an operation that has very important commercial implications for the Prancing Horse.”

Ferrari chairman John Elkann in Hungary with Lewis Hamilton.

That commercial weight is undeniable – Hamilton’s arrival has already boosted Ferrari’s global profile – but on track, the results have been less dramatic.

Since a key technical update earlier this year, Hamilton has struggled with the car’s rear-end behaviour, a weakness that teammate Charles Leclerc has largely avoided. All five of Ferrari’s podiums in 2025 have come from the Monegasque’s side of the garage.

The 2026 Crucible

Despite his struggles – which came under scrutiny again in Hungary last time out – Hamilton remains adamant that he races for love of the sport and the pursuit of an eighth world title.

But with a major technical overhaul looming in 2026, that season could be make-or-break. If the revised car still leaves him trailing Leclerc, the romantic vision of a Hamilton - Ferrari fairytale might fade into a pragmatic decision about when to walk away.

And while his contract would allow him to stay through 2027, if the performances aren’t there, it’s hard to imagine the Briton prolonging frustration merely for the sake of a bigger paycheque. After all, for a driver who has built a career on winning, anything less than fighting at the front may be a dealbreaker – even if the contract says otherwise.

But for now, the ball is entirely in Hamilton’s court. Whether he uses that power to cement a legacy in Ferrari red or to call time on a glittering career will depend on how the next 18 months unfold.

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Michael Delaney

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