Sky Sports F1’s Ted Kravitz feels Ferrari’s reported £40m contract offer to sign Lewis Hamilton undervalues the seven-time world champion.

Hamilton’s Mercedes future remains unclear with his current contract set to expire at the end of the season and no extension agreed as yet.

Speculation surrounding Hamilton’s future ramped up ahead of this weekend’s Monaco Grand Prix following a report in the Daily Mail that claimed Ferrari were readying a lucrative offer in an attempt to lure the 38-year-old Briton away from Mercedes.

But the offer is too low for Hamilton to consider jumping ship, according to Sky’s pitlane reporter Kravitz.

“Firstly I think the £40m offer is a bit of a low-ball offer for Lewis Hamilton,” Kravitz told the Sky Sports F1 Podcast. 

“It’s probably £5m less than what he’s on at the moment – and is something Mercedes are going to offer as part of not only the remainder of his driving career but also a longer-term association with the Mercedes brand which is valuable to Lewis.

“Number two, I think Ferrari are offering everybody a job for anything at the moment. Everyone is on Ferrari’s shopping list because Fred Vasseur says he is going to put together a crack team of amazing people around Carlos Sainz and Charles Leclerc to make them realise this is incredible.

“They offered Adrian Newey a job with big money! They are after the best and the biggest in Formula 1 at the moment as they seek to rebuild so it shouldn’t be a surprise if they offer Lewis Hamilton everything. If it was £80m that John Elkann had said then that would get people’s attention.

“I don’t think he’s likely to go, maybe if he wins the elusive eighth at Mercedes once they get the car right eventually then potentially he might go and see if he can win another one with Ferrari but he may be into his 40s by then.”

Keyword: Ferrari's "low-ball" £40m offer undervalues Lewis Hamilton, says Sky Sports F1's Ted Kravitz

CAR'S NEWS RELATED

Sainz: Ferrari defeat to Mercedes ‘fair’ reflection of F1 2023

Carlos Sainz Jr (ESP) Ferrari. 25.11.2023. Formula 1 World Championship, Rd 23, Abu Dhabi Grand Prix, Yas Marina Circuit, Abu Dhabi, Qualifying Day Carlos Sainz believes Ferrari’s defeat to Mercedes in the Constructors’ Championship in Abu Dhabi painted a “fair” reflection of the teams’ respective form in 2023. Having ...

View more: Sainz: Ferrari defeat to Mercedes ‘fair’ reflection of F1 2023

Leclerc explains tactics in closing stages of Abu Dhabi GP

Charles Leclerc (FRA), Scuderia Ferrari 26.11.2023. Formula 1 World Championship, Rd 23, Abu Dhabi Grand Prix, Yas Marina Circuit, Abu Dhabi, Race Day. Charles Leclerc has explained the tactics that saw him relinquish second position on the road to Sergio Perez during the closing stages of the Abu Dhabi ...

View more: Leclerc explains tactics in closing stages of Abu Dhabi GP

F1 Abu Dhabi GP: Max Verstappen cruises to win as Mercedes beat Ferrari to second in constructors' championship

Max Verstappen capped off a record-breaking, championship winning 2023 F1 season in style with victory in the Abu Dhabi Grand Prix. Having fended off a first-lap attack from Charles Leclerc’s Ferrari, the result was never in doubt for Verstappen, who comfortably claimed a record-extending 19th win from 22 races. ...

View more: F1 Abu Dhabi GP: Max Verstappen cruises to win as Mercedes beat Ferrari to second in constructors' championship

Listen to This Manual Ferrari F430 Hit 192 MPH On The Autobahn

What do you get when you pair a gated shifter and a flat-plane crank Ferrari V-8 to a road with no speed limit? Pure automotive bliss.

View more: Listen to This Manual Ferrari F430 Hit 192 MPH On The Autobahn

Sainz believes rivals deliberately impeded final Abu Dhabi Q1 run

Carlos Sainz Jr (ESP) Ferrari. 25.11.2023. Formula 1 World Championship, Rd 23, Abu Dhabi Grand Prix, Yas Marina Circuit, Abu Dhabi, Qualifying Day Ferrari’s Carlos Sainz was a shock exit in the first round of qualifying Saturday in Abu Dhabi and credited the likes of Mercedes and Alpine in ...

View more: Sainz believes rivals deliberately impeded final Abu Dhabi Q1 run

Charles Leclerc says Abu Dhabi front row a “big surprise” after fearing Q1 exit with ‘peaky’ Ferrari F1 car 

Charles Leclerc says ending up on the front row of the grid for the F1 Abu Dhabi Grand Prix was a “big surprise” after he feared a Q1 elimination. The Ferrari driver produced a special lap with his final run of Q3 to put his car on the front ...

View more: Charles Leclerc says Abu Dhabi front row a “big surprise” after fearing Q1 exit with ‘peaky’ Ferrari F1 car 

Leclerc reveals Q1 exit concerns before ‘surprise’ Abu Dhabi front row

Charles Leclerc (MON) Ferrari celebrates his second position in qualifying parc ferme. 25.11.2023. Formula 1 World Championship, Rd 23, Abu Dhabi Grand Prix, Yas Marina Circuit, Abu Dhabi, Qualifying Day. Charles Leclerc admits he was concerned about being eliminated in Q1 before ending up with a “surprise” front row ...

View more: Leclerc reveals Q1 exit concerns before ‘surprise’ Abu Dhabi front row

Michael Mann's Ferrari Is An Authentic Portrait Of One Of Motorsport's Weirdest Guys

Gif: IGN / YouTube If you’re familiar with the oft-mythologized story of Enzo Ferrari, there are a few things you’ll know about the man. He rarely left Modena, the small Italian town he called home, after he and his wife Laura founded Scuderia Ferrari. He ran the most iconic ...

View more: Michael Mann's Ferrari Is An Authentic Portrait Of One Of Motorsport's Weirdest Guys

Sainz rendered a ‘passenger’ in heavy FP2 crash

Mercedes and Ferrari’s £8m duel for P2 examined ahead of Abu Dhabi F1 season showdown

A farewell to GTE, part two: Ferrari, Ford, Porsche and Dodge

Leclerc targets 2024 F1 title battle after ‘disappointing’ season

Ferrari want ‘more clarity’ on F1 rules after Sainz Vegas GP penalty

Ferrari Roma Spider makes Malaysian debut, RM3.2 million

Ferrari opens new showroom next to KLCC

Ital Auto Malaysia Opens Ferrari Showroom In Four Seasons Place Kuala Lumpur

Watch The Coolest Custom Ferrari On the Planet Grenade Its Honda Engine On Track

Ital Auto Malaysia: Ferrari Malaysia’s New Home

Ferrari Purosangue is now in Malaysia from RM5 million

How Ferrari gets payback for 'stupid' F1 rule + Gary Anderson's view

OTHER CAR NEWS

; Top List in the World https://www.pinterest.com/newstopcar/pins/
Top Best Sushi Restaurants in SeoulTop Best Caribbean HoneymoonsTop Most Beautiful Islands in PeruTop Best Outdoor Grill BrandsTop Best Global Seafood RestaurantsTop Foods to Boost Your Immune SystemTop Best Foods to Fight HemorrhoidsTop Foods That Pack More Potassium Than a BananaTop Best Healthy Foods to Gain Weight FastTop Best Cosmetic Brands in the U.STop Best Destinations for Food Lovers in EuropeTop Best Foods High in Vitamin ATop Best Foods to Lower Your Blood SugarTop Best Things to Do in LouisianaTop Best Cities to Visit in New YorkTop Best Makeup Addresses In PennsylvaniaTop Reasons to Visit NorwayTop Most Beautiful Islands In The WorldTop Best Law Universities in the WorldTop Richest Sportsmen In The WorldTop Biggest Aquariums In The WorldTop Best Peruvian Restaurants In MiamiTop Best Road Trips From MiamiTop Best Places to Visit in MarylandTop Best Places to Visit in North CarolinaTop Best Electric Cars For KidsTop Best Swedish Brands in The USTop Best Skincare Brands in AmericaTop Best American Lipstick BrandsTop Michelin-starred Restaurants in MiamiTop Best Secluded Getaways From MiamiTop Best Things To Do On A Rainy Day In MiamiTop Most Instagrammable Places In MiamiTop Interesting Facts about FlorenceTop Facts About The First Roman Emperor - AugustusTop Best Japanese FoodsTop Most Beautiful Historical Sites in IsraelTop Best Places To Visit In Holy SeeTop Best Hawaiian IslandsTop Reasons to Visit PortugalTop Best Hotels In L.A. With Free Wi-FiTop Best Scenic Drives in MiamiTop Best Vegan Restaurants in BerlinTop Most Interesting Attractions In WalesTop Health Benefits of a Vegan DietTop Best Thai Restaurant in Las VegasTop Most Beautiful Forests in SwitzerlandTop Best Global Universities in GermanyTop Most Beautiful Lakes in GuyanaTop Best Things To Do in IdahoTop Things to Know Before Traveling to North MacedoniaTop Best German Sunglasses BrandsTop Highest Mountains In FranceTop Biggest Hydroelectric Plants in AmericaTop Best Spa Hotels in NYCTop The World's Scariest BridgeTop Largest Hotels In AmericaTop Most Famous Festivals in JordanTop Best European Restaurants in MunichTop Best Japanese Hiking Boot BrandsTop Best Universities in PolandTop Best Tips for Surfing the Web Safely and AnonymouslyTop Most Valuable Football Clubs in EuropeTop Highest Mountains In ColombiaTop Real-Life Characters of Texas RisingTop Best Beaches in GuatelamaTop Things About DR Congo You Should KnowTop Best Korean Reality & Variety ShowsTop Best RockstarsTop Most Beautiful Waterfalls in GermanyTop Best Fountain Pen Ink BrandsTop Best European Restaurants in ChicagoTop Best Fighter Jets in the WorldTop Best Three-Wheel MotorcyclesTop Most Beautiful Lakes in ManitobaTop Best Dive Sites in VenezuelaTop Best Websites For Art StudentsTop Best Japanese Instant Noodle BrandsTop Best Comedy Manhwa (Webtoons)Top Best Japanese Sunglasses BrandsTop Most Expensive Air Jordan SneakersTop Health Benefits of CucumberTop Famous Universities in SwedenTop Most Popular Films Starring Jo Jung-sukTop Interesting Facts about CougarsTop Best Hospitals for Hip Replacement in the USATop Most Expensive DefendersTop Health Benefits of GooseberriesTop Health Benefits of ParsnipsTop Best Foods and Drinks in LondonTop Health Benefits of Rosehip TeaTop Best Air Fryers for Low-fat CookingTop Most Asked Teacher Interview Questions with AnswersTop Best Shopping Malls in ZurichTop The Most Beautiful Botanical Gardens In L.A.Top Best Mexican Restaurants in Miami for Carb-loading rightTop Best Energy Companies in GermanyTop Best Garage HeatersTop Largest Banks in IrelandTop Leading Provider - Audit and Assurance In The USTop Best Jewelry Brands in IndiaTop Prettiest Streets in the UKTop Best Lakes to Visit in TunisiaTop Highest Mountains in Israel