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Lewis Hamilton is reportedly set to be offered £40m to make a shock switch to Ferrari next year. The 38-year-old, who has won six of his seven world titles at Mercedes since joining the Silver Arrows in 2013, is currently stalling on extending his current contract which expires at the end of the season. While both Hamilton and Mercedes boss Toto Wolff insist a new deal will be agreed, Ferrari now look poised to enter the race for the seven-time world champion with a lucrative offer. According to the Daily Mail, the Scuderia are prepared to offer £40m-a-year to land Hamilton – with president John Elkann already in close contact with the Brit and his team. The report adds that one possible scenario is for Hamilton to replace current Ferrari driver Charles Leclerc, in what would amount to a straight-swap deal with the Monegasque joining Mercedes to partner George Russell. The other, more favourable, option is to pair Hamilton with Leclerc, meaning Ferrari would look to offload Spanish driver Carlos Sainz. With Hamilton’s current contract close to the £40m-a-year mark anyway, money would not be the predominant factor in his decision-making. Instead, the competitiveness of both cars compared to current runaway leaders Red Bull would be of greater significance, as Hamilton targets a record-breaking eighth world championship in his final years in the sport. While Mercedes, the dominant team in the hybrid era from 2014-2021 with eight-straight constructors’ crowns, took a backwards step in 2022, Ferrari burst to the front of the field with a potential championship-winning car. Leclerc’s challenge was foiled by reliability problems and strategic errors, as well as a few mistakes himself, and Ferrari have struggled at the start of this year too despite Fred Vasseur replacing Mattia Binotto as team boss. Mercedes are poised to bring new upgrades to this week’s race in Monaco – with a new floor, sidepod design and front suspension in the works. The modifications were set to come in at Imola last week before the race was cancelled due to flooding in the Emilia Romagna region. Whether Mercedes can haul in the deficit to Red Bull out in front – by 128 points in the constructors’ standings – this season remains very unlikely, but Hamilton will want to be encouraged that his team are taking a positive step before signing a new contract. Hamilton has been linked with Ferrari in the past, particularly surrounding contract negotiations in 2019, but stated at the time there were “things that don’t mirror my values and approach.” "The Ferrari thing is not going to happen, I think," he said then. "I’ve always been positive about Ferrari. I watched Michael win there. I’ve always been a Ferrari fan. I remember one of the first cars I ever bought was a Ferrari. And I think it’s a hugely iconic team and brand, particularly. "I think the team has, in my period of time. There have been things I’ve seen that I don’t necessarily feel mirror my values and my approach. However, it is a team that every driver, I think, has dreamed of what it would be like to sit in the red cockpit. Hamilton has not won a grand prix since December 2021, in Saudi Arabia, and a race later missed out on a record-breaking eighth crown in controversial and dramatic circumstances in Abu Dhabi to Max Verstappen. Currently, Hamilton is level in the all-time leaderboard on seven F1 world titles with Ferrari icon Michael Schumacher. Hamilton could, possibly, also be swayed by the fact that hero Ayrton Senna was poised to join Ferrari in 1995 before his fatal crash at Imola in May 1994. Red Bull is not seen as a realistic option for Hamilton, with Christian Horner saying as much in April, while Aston Martin are content with their current driver pairing of Fernando Alonso and Lance Stroll. Hamilton currently trails championship leader Verstappen in the standings this season by 63 points after just five races. Read More Lewis Hamilton and Mercedes are the biggest losers from Imola Grand Prix cancellation Lewis Hamilton’s 2008 F1 title still under threat as Felipe Massa bemoans ‘injustice’ Where are Mercedes and Ferrari? Frankly, you don’t want to hear the answer ‘Nasty piece of work’: Lewis Hamilton’s Mercedes slammed by Toto Wolff Lewis Hamilton and George Russell ‘pray’ for Imola as they urge people to ‘stay safe’ during floods

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Formula 1 is donating €1million (£868,000) to the relief operations in Emilia Romagna following the cancellation of the race at Imola this weekend. F1 was forced to cancel round six of the 2023 season due to the adverse weather and flooding which has affected the region in the past few weeks. While missing out on the hosting fee of approximately £20m as a result of the Emilia Romagna GP not taking place, F1 has now announced a donation to the relief effort. A press release also confirmed that food and water from the circuit, teams and hospitality on-site has been donated to a group organising food banks and distribution for those who have been affected by the floods. The death toll from this week’s floods has risen to 13, with rescue crews attempting to reach towns and villages in northern Italy, with local mayor Monica Rossi warning the situation will be “tragic” if rainfall continues. F1 president Stefano Domenicali, who is from the region, said upon the race’s cancellation on Wednesday: “It is such a tragedy to see what has happened to Imola and Emilia Romagna, the town and region that I grew up in, and my thoughts and prayers are with the victims of the flooding and the families and communities affected. “I want to express my gratitude and admiration for the incredible emergency services who are working tirelessly to help those who need help and alleviate the situation – they are heroes and the whole of Italy is proud of them. “The decision that has been taken is the right one for everyone in the local communities and the F1 family as we need to ensure safety and not create extra burden for the authorities while they deal with this very awful situation.” The Independent understands the race is unlikely to be rescheduled this year due to the already congested 2023 calendar. Read More F1 Emilia Romagna Grand Prix cancelled after heavy flooding in region Will Imola Grand Prix be rescheduled? Lewis Hamilton and Mercedes are the biggest losers from Imola Grand Prix cancellation

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Formula 1 will produce the television coverage of the Monaco Grand Prix next week – ending a longstanding grip on the event from local broadcasters. F1 produces the world feed for every race on the calendar, with Monaco previously being the anomaly among a season of 22 races in 2023 – a figure which has dropped from 23 after Imola’s cancellation this weekend due to flooding in the Emilia Romagna region. Local TV station Tele Monte Carlo had been the producers of one of the sport’s most famous races, but F1 will now control the broadcasting of the event, including the world feed. The local hosts have been criticised in recent years for their feed, with examples of key action being missed and shots shown at random times. A memorable instance was in 2021, when a battle for position between Sebastian Vettel and Pierre Gasly after a pit-stop was cut-out for a random replay of Lance Stroll’s car running wide at the swimming pool chicane. The event’s production is now set to improve by F1 moving it in-house, with new and improved angles in addition to traditional shots around the twists and turns of the principality. Monaco has been out on its own in locally producing their F1 race for the last 11 years, since Fuji Television stopped producing the Japanese Grand Prix in 2011. Previous to that, F1 gradually took the reigns at grands prix around the world from local hosts to in-house production. 2023 marks the first in a three-year deal between F1 and the Automobile Club of Monaco (ACM), in the short-term stamping out doubts about the future of the blue-ribbon race. Red Bull’s Sergio Perez won last year’s Monaco Grand Prix in wet conditions. The Mexican trails team-mate Max Verstappen by 14 points heading into this year’s race. Hometown favourite Charles Leclerc will be eyeing his first ever podium at a race he has notoriously struggled at since his F1 debut in 2018. The Ferrari star has secured pole positions in the last two years but was unable to take to the start line in 2021 due to a mechanical failure and a pit-stop blunder in 2022 meant he finished fourth. Read More F1 race schedule: What time is the Monaco Grand Prix next Sunday? Lewis Hamilton and Mercedes are the biggest losers from Imola Grand Prix cancellation F1 Emilia Romagna Grand Prix cancelled after heavy flooding in region Will Imola Grand Prix be rescheduled?

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