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
Lewis Hamilton set a new Formula 1 record and generated significant revenue for Ferrari through a social media post. The post, which went viral, earned Ferrari and its main sponsors approximately £767,000, with title sponsor HP alone benefiting by £124,000. Hamilton's salary is reportedly around £50 million per year, meaning the post's revenue nearly equaled a week's pay for the driver.