Published 18:52 IST, April 17th 2020

Lewis Hamilton’s Ferrari dream dashed as Sebastian Vettel reveals plan to stay: Report

Lewis Hamilton's discussions with Ferrari had already taken place last year & Ferrari boss Mattia Binotto had said he was happy about Hamilton's availability.

Reported by: Suraj Alva
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In December 2019, rumours about Lewis Hamilton Ferrari deal nearing completion, gared momentum after Italian publication Gazzetta Dello Sport, reported that discussions had already taken place between Hamilton and Ferrari. Ferrari boss Mattia Bitto had also said that he was “happy” that someone of Hamilton’s quality is available post-2020. But w its looks like Lewis Hamilton Ferrari deal has hit a roadblock after Sebastian Vettel has decided to stay with Italian F1 team. 

Also Read: F1 Looking To Conduct Races Behind Closed Doors Amid Coronavirus Lockdown

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Lewis Hamilton Mercedes contract

Lewis Hamilton currently has a $49.7 million (£40 million) per year contract with Mercedes. However, a few months ago,  Express.co.uk reported that Mercedes are ready to offer Lewis Hamilton a deal worth $57.2 million (£46.5 million) a year contract. Earlier, multiple reports suggested that Lewis Hamilton was looking for a lofty $74 million (£60 million) from 2021 onwards.

Also Read: Lewis Hamilton Reveals Key Demand In Talks Over New £60-million-a-year Mercedes Deal

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Sebastian Vettel on his Ferrari deal 

According to a recent report in Sun, Sebastian Vettel said that he intends to stay with Ferrari and  topic is t for discussion. He added that deal between him and team will be one y are comfortable with, but in terms of duration, he has idea. He said that his previous contracts were all three-year deals and he is one of most experienced drivers in Formula One but t oldest.

Also Read: Mercedes Make Fresh Contract Offer To Lewis Hamilton With £46.5m Deal To Snub Ferrari

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Speaking about completing deal, Sebastian Vettel said that currently, key for everyone lies in remaining patient and  rest depends on when first race of season begins. He added that re is a high chance that decision regarding new deal will be made before first race. With Sebastion Vettel looking to stay at Ferrari, Lewis Hamilton Ferrari deal will t only take a hit, but he will also lose out on bargaining power over $74 million (£60 million) per year contract.

Also Read: F1 Puts Some Staff On Furlough, Execs Take Pay Cuts

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F1 news: When will season start?

Recent F1 news suggests that season could get underway in July if it is possible to hold a race behind closed doors. F1 director Ross Brawn, during an interview with Sky Sports, made an anuncement that F1 season is likely to begin at a European venue

18:52 IST, April 17th 2020