News of Lewis Hamilton's sensational move to Ferrari for 2025 sent shockwaves through Formula 1 on Thursday, but also boosted the Italian manufacturer’s share price by over 10% by midday at the New York Stock Exchange. While an official confirmation of Hamilton’s sensational transfer to Maranello is expected on Thursday evening, reports indicate that Mercedes boss Toto Wolff convened the team’s staff at Brackley this afternoon to inform crews of Hamilton’s departure at the end of the 2024 F1 season. Meanwhile in New York, Ferrari, which trades under the appropriate ticker ‘RACE’, tagged on a healthy $7 billion in market cap thanks to the speculation surrounding Hamilton’s shock switch couple
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