Seven-time Formula 1 champion Lewis Hamilton is on the verge of a surprising transfer to Ferrari for the 2025 season.

While rumours of Hamilton’s potential move have circulated in the past, insiders suggest that this time, the claims hold substantial weight.

An official announcement regarding the deal could be made as early as Thursday.

The Italian and Spanish media initially reported the possibility of Hamilton joining Ferrari, and BBC Sport has since verified the credibility of these reports

Both Ferrari and Mercedes have declined to comment on the matter, the report said, fueling speculation surrounding the potential transfer.

At 39 years old, Hamilton recently signed a new two-year contract extension with Mercedes, covering the 2024 and 2025 seasons.

However, it appears that an exit clause may allow Hamilton to leave after just one season, should he choose to do so.

If the move materialises, Hamilton’s switch to Ferrari would undoubtedly send shockwaves through the Formula 1 community, similar to the impact he made when leaving McLaren for Mercedes ahead of the 2013 season, the report said.

Hamilton’s partnership with Mercedes proved to be immensely successful, dominating the sport from the 2014 season onwards and establishing him as the most accomplished driver in Formula 1 history.