Categories: Sports

Italians rejoice: Ferrari shares shoot to record highs after Hamilton change

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Soon completely in red: Lewis Hamilton.

The massive switch of Lewis Hamilton (39) from Mercedes to Ferrari for the 2025 season is causing a storm of celebration in the Italian media. “On February 1, the driver market went up in flames,” writes Il Giornale. And “Tuttosport” notes: “Hamilton and Ferrari will be a dream duo. Maranello wants to tie the English driver to a multi-year contract and herald a new successful phase.

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The newspapers are also enthusiastic in England, home of the seven-time Formula 1 world champion. “Formula 1 stole the show from football on Deadline Day. “No transfer in the football world is as big as the news that Lewis Hamilton is leaving Mercedes,” writes the Mirror.

Hamilton’s move is causing a storm not only in the media, but also in the stock market. Ferrari shares were trading at $389.45 on Wall Street in New York on Thursday evening. This means that it has reached a new record price and is more than 12 percent better than the day before.

Sainz announces departure

The sports shares of Ferrari driver Carlos Sainz (29) are not doing so well. “Today’s news makes it clear that Scuderia Ferrari and I will go our separate ways after the 2024 season,” the Spaniard writes about Tifosi. News regarding my future will be available in due course.”

Sainz has been driving for Ferrari since 2021, but is always in the shadow of Charles Leclerc (26). It is quite possible that the five-time GP winner will soon find a new employer in Hinwil (Blick reports).

Hill: Hamilton no longer believed in Mercedes

Former world champion Damon Hill (63) interprets Hamilton’s change as a rejection of Mercedes’ title hopes. “If Lewis had really believed that his eighth title was guaranteed or that there was a good 50:50 chance of this happening at Mercedes, he would have stayed,” Hill said on Sky.

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The Brit believes: “Lewis has gotten to the point where he’s probably been listening to the same Mercedes music for a few seasons and is starting to think, ‘I need to spice up my last few seasons in Formula 1.’ What gives Better Than Driving for Ferrari? If things go wrong, he thinks: ‘At least I tried.'” (cmü)

Source : Blick

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