Formula 1 icon Lewis Hamilton is set to begin his stint at Ferrari at the end of the 2024 season after an eleven-year spell at Mercedes.
The 39-year-old received €35 million from Mercedes last term and it is now known how much he will earn with his new team.
Reports claim Hamilton will earn a whopping €100 million per year, which is almost three times more than he currently earns at Mercedes.
The amount is almost twice as much as Red Bull's Max Verstappen earns.
Another part of the deal is a proposed joint investment fund with around €250m via the Exor family business which would invest in the Brit’s charitable projects.
Ferrari's heavy investment indicates their desire to return on top of the Formula 1.
