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After Toto Wolff Rejected $25,000,000 Demand, Lewis Hamilton Ordered to “Forget the Emotions” for Mercedes to Win Again

Published 08/13/2023, 6:15 AM EDT

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Will Lewis Hamilton extend his contract with Mercedes? While Ferrari extended a tempting offer to Hamilton, Toto Wolff denied his request for a $25 million annual ambassadorial role that would have led to Hamilton donning the Mercedes brand for a decade post-retirement. With a lot of things happening around the signing of his contract, Hamilton will have to think about his future at Mercedes.

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Ferrari president, John Elkann, personally reached out to him, extending an invitation to join the illustrious team. The contract was rumored to be worth a staggering £40 million per year, but Hamilton chose a different path. Lewis Hamilton with Ferrari could have shaken the foundation of the racing world, right? But he politely declined, by saying just two words, “No thanks.”

Mika Hakkinen has ‘cold calculation’ advice for Lewis Hamilton


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The audiences and the F1 insiders alike do not want to see Lewis Hamilton suffering in a subpar W14 as they want to see Hamilton win the coveted 8th World Championship. While the former F1 team boss Eddie Jordan thought Hamilton and Ferrari would be a dream team, another F1 veteran, Martin Brundle, told Hamilton to go to Ferrari and do great things, as Michael Schumacher did. But Mika Hakkinen, a two-time world champion, doesn’t just talk about speed; he talks about the mind games behind the wheel.

According to, Hakkinen advised Hamilton, “He has to analyze the future of Mercedes: he has to analyze who designs the next single-seaters, everyone’s motivations, the money available. He has to forget the emotions, he has to make a cold calculation of how difficult it is when you have achieved so many successes with a team. With his experience he can see what will happen in the next few years and there will be the ingredients to win again,” suggesting Hamilton must forget the emotions that come with such a monumental decision.


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While we all know about the fruits of his leap of faith when he moved to Mercedes from McLaren, can he make one more such bold decision?

Lewis Hamilton may not choose Ferrari over Mercedes

With Hamilton’s Mercedes deal set to expire at the end of the season, both Hamilton and Toto Wolff have maintained their unwavering belief in a contract extension. But the tempting offer that Ferrari made to him can corrupt anyone to choose Mercedes over Ferrari.

Why Did Lewis Hamilton Turn Down Ferrari Offer?


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But why do think Lewis Hamilton was able to say “No Thanks” to Ferrari’s offer? Michael Schmidt explains!

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According to Michael Schmidt, Ferrari team management and Frederic Vasseur know that he may not be signing the contract with Ferrari, but they are still trying to push the momentum in hopes of some turnover in Hamilton’s thoughts. He also added saying, “I also think Hamilton is quite smart. He knows very well that even if they pay double in Maranello, things will not get any better there: Ferrari is not ahead of Mercedes. And every problem at Mercedes would multiply at Ferrari because he is even more in the spotlight.”


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What do you think? Was “No thanks” to Ferrari a good decision, or it’s time for Hamilton to say ‘Thank you next’?

WATCH THIS STORY: Ferrari Strategy Fails Well Never Forget (Turbo-Hybrid Era)

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Vidhita is an F1 writer at EssentiallySports. Driven by her deep passion for motorsports and a love for the exhilaration of speed. Since 2016, she has been captivated by the world of F1 after watching a race with a relative, and her fascination has only grown stronger over the years.
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Edited by:

Varunkumaar Chelladurai