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☆ ‘Massive for the sport’: Lewis Hamilton’s blockbuster move to Ferrari hailed as a major coup for F1
  + stars: | 2024-02-02 | by ( Sam Meredith | ) www.cnbc.com   time to read: +1 min
Former Formula One drivers believe Lewis Hamilton's blockbuster move to one of the most iconic teams in motorsport represents a major coup for the auto racing league. Mercedes on Thursday confirmed that the seven-time world champion will join Ferrari in 2025 after activating a release option in his contract. An extraordinary run of success has since dried up, however, and Hamilton has not won a race since the Saudi Arabia Grand Prix in Dec. 2021. Ferrari , meanwhile, released a short statement saying the team was "pleased" to announce Hamilton would join on a multi-year contract. The news sent shockwaves through F1, with 2009 world champion Jenson Button saying he'd also been taken by surprise.
Persons: Lewis Hamilton of, Mercedes, Lewis, Toto Wolff, Hamilton, Ferrari, Jenson Button, he'd Organizations: Mercedes, Abu, Yas Marina Circuit, United, United Arab Emirates, Former Formula, Ferrari, Hamilton, Saudi Arabia, Prix Locations: Lewis Hamilton of Great Britain, Abu Dhabi, United Arab, Saudi
☆ Formula 1 star Lewis Hamilton to leave Mercedes and join Ferrari in shock move: Reports
  + stars: | 2024-02-01 | by ( Sam Meredith | ) www.cnbc.com   time to read: +2 min
Lewis Hamilton of Mercedes ahead of the Formula 1 Abu Dhabi Grand Prix at Yas Marina Circuit in Abu Dhabi, United Arab Emirates on November 26, 2023. Seven-time Formula 1 world champion Lewis Hamilton is on the cusp of a surprise move from Mercedes to Ferrari for the 2025 season, according to multiple media reports. Hamilton first signed with Mercedes in 2013 and went on to win six of his seven world titles with the team between 2014 and 2020. If Hamilton were to leave Mercedes for Ferrari, it is reported he would likely replace Ferrari's Carlos Sainz given that his teammate, Charles Leclerc, recently signed a fresh contract extension. The start of the next Formula 1 season gets underway in Bahrain from Feb. 29.
Persons: Lewis Hamilton, Mercedes, Hamilton, it's, Toto Wolff, Ferrari's Carlos Sainz, Charles Leclerc Organizations: Abu, Prix, Yas Marina Circuit, United, United Arab Emirates, Ferrari, Sky Sports, BBC Sport, ESPN, CNBC, Mercedes, Hamilton Locations: Abu Dhabi, United Arab, Bahrain
☆ In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla
  + stars: | 2023-05-02 | by ( ) www.cnbc.com   time to read: +6 min
In this article MBG-FF Follow your favorite stocks CREATE FREE ACCOUNTLewis Hamilton of Great Britain drives the Mercedes AMG Petronas F1 Team W13 on race day during the 2023 Australian Grand Prix at Albert Park on April 2, 2023 in Melbourne. But Mercedes' F1 collaboration to build more efficient EVs faster is unprecedented because it embeds that racing mindset and technological expertise directly in product development. After decades of leadership in combustion-engine technology, legacy carmakers like Mercedes have lagged Tesla in electric vehicles. Mercedes' F1 team can help it get back in the race, said Steven Merkt, head of transportation solutions at TE Connectivity , a major autos supplier. Last year, Mercedes unveiled its EQXX concept car, a super-efficient EV capable of a range of more than 1,200 km (745 miles), which was jointly developed with the German premium carmaker's F1 team in England.
☆ Verstappen fastest in first practice at Australian Grand Prix
  + stars: | 2023-03-31 | by ( Ian Ransom | ) www.reuters.com   time to read: +2 min
MELBOURNE, March 31 (Reuters) - Formula One world champion Max Verstappen topped the timesheets for Red Bull before taking a late spin at Albert Park in an eventful first free practice at the Australian Grand Prix on Friday. The Dutchman lapped the lakeside circuit in one minute, 18.790 seconds, nearly half a second quicker than second fastest Lewis Hamilton of Mercedes, as two red flags disrupted the session. A second red flag cut the session short by a few minutes as Williams rookie Logan Sargeant came to a halt on track-side grass with an apparent power failure. Verstappen finished his session with a bit of drama, taking a big spin at turn four to ruin his tyres. But he squeezed in a fast lap between the red flags to sandwich himself between Verstappen and Perez's times.
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