Lewis Hamilton’s shock switch to Ferrari sends Italian FI brand’s shares into overdrive

Record profits and share price on Wall Street following a bumper year for Scuderia in 2023

Lewis Hamilton reportedly blindsided Mercedes team boss Totto Wolff on Wednesday with news he is moving to Ferrari. Picture: Getty

News of Lewis Hamilton’s shock transfer from Mercedes AMG F1 to the Ferrari for 2025 was the cherry on the top in a very good week for the Italian manufacturer.

Hamilton’s move to Ferrari on Thursday saw the Scuderia’s share price rocket more than 10 per cent – equating to just under $7billion (€6.43 bilion).

After two difficult seasons where it has lost the top spot to Red Bull, Mercedes, led by Totto Wolff, confirmed that seven-time world champion ...