The Latest Breaking News on Hamilton opens up on Ferrari F1 move after "crazy few days"

A report emerged on Monday claiming Ferrari are readying a £40m contract offer to steal Hamilton from Mercedes in a bid to push them back into F1 title contention

NEW DELHI: Reports have emerged stating that Ferrari is making preparations to entice Lewis Hamilton, the seven-time world champion, with a staggering $50 million offer to depart from Mercedes and join the Scuderia at the conclusion of the current season.

Mercedes have not been as competitive as they would like so far this season and Lewis Hamilton recently said he is "counting down the days" until his car gets upgraded for Imola

A lack of progress over a new Mercedes deal for Hamilton has led to speculation about his potential F1 retirement, or a move to another competitive team such as Ferrari

Former world drivers' champion Lewis Hamilton was only able to secure 13th place on the starting grid for the Miami Grand Prix amid a challenging season for the Brit

After a difficult weekend in Miami, which saw Lewis Hamillton fail to make it out of Q2, Mercedes is now counting down the days until it unleashes a major upgrade at Imola. 

Hamilton's contract expires at the end of this season and there has been plenty of speculation that he might retire or leave for another team with no news yet on an extension

The seven-time world champion had been right behind Mercedes team-mate George Russell as they topped the timesheets in FP1, but his form fell away in the evening practice session as Hamilton ended up seventh – nearly one second adrift of pacesetter Max Verstappen.

The seven-time world champion had been right behind Mercedes team-mate George Russell as they topped the timesheets in FP1, but his form fell away in the evening practice session as Hamilton ended up seventh – nearly one second adrift of pace-setter Max Verstappen.