Lewis Hamilton Reportedly Renews Ferrari Contract Ahead of Monza

The Formula 1 driver market just received a massive update regarding the grid’s most decorated champion. Lewis Hamilton has reportedly renewed his contract with Scuderia Ferrari, guaranteeing his presence in Maranello well beyond his initial two-year commitment.

According to the Spanish sports broadcaster Partidazo COPE, the seven-time World Champion has officially put pen to paper to extend his stay with the iconic Italian team.

The timing of the leak perfectly aligns with Ferrari’s biggest weekend of the year. The official announcement of Hamilton’s contract renewal is expected to drop just before the Italian Grand Prix at Monza on September 6.

Hamilton Activating the “Plus-One” Option

When Hamilton shocked the sporting world by leaving Mercedes to join Ferrari ahead of the 2025 season, he originally signed a flexible “two-plus-one” deal. This guaranteed his seat through the end of 2026 while leaving the 2027 season as a unilateral option on the driver’s side.

Following a challenging transitional year in 2025, Hamilton has experienced a massive resurgence in the 2026 campaign. Reinvigorated by the SF-26 challenger, he has consistently taken the fight to teammate Charles Leclerc—including a stunning victory earlier this year at the Barcelona-Catalunya Grand Prix. Given his championship-contending form this season, executing the 2027 extension clause was widely viewed by paddock insiders as a mere formality.

May 24, 2026; Montreal, Quebec, CANADA; Ferrari driver Lewis Hamilton (44) during the Lenovo Grand Prix Du Canada at Circuit Gilles-Villeneuve. Mandatory Credit: David Kirouac-Imagn Images

Hamilton’s decision to lock in his seat through the 2027 regulation changes completely stabilizes Ferrari’s immediate future, but it creates a significant roadblock for their junior talent.

With Leclerc already signed to a massive long-term deal that extends past 2030, the doors to Maranello are now firmly shut for the next few years. This means Ferrari’s brightest academy prospect, Oliver Bearman, will likely have to extend his development stint at Haas rather than making a jump to the senior team anytime soon.