A host of drivers are already tied down for next year and beyond, but several are racing for their seats – and potentially their future in the sport.
Of course, he remains unlikely to move on due to his father, Lawrence Stroll, staying in position as the Aston Martin F1 team's executive chairman.
However, for all Hamilton's self-flagellation, describing himself as "useless" during a recent interview, he is tied down until the end of 2026 and won't retire on a £50 million-per-season deal.
RadioTimes.com brings you the four Formula 1 drivers racing for their seat in 2026.
George Russell (Mercedes)
The most likely resolution to the George Russell saga is that he will remain at Mercedes beyond the end of 2025 alongside young hot-shot Kimi Antonelli, but until an announcement is made, Russell's future remains uncertain.
The British driver's deal expires at the end of the season, and team principal Toto Wolff had been making more than a few overtures to Verstappen amid behind-the-scenes turmoil at Red Bull.
Russell is likely to take a sceptical view of his future with a team that has flirted with the prospect of ousting him for the reigning world champion. Recent reports have suggested Russell is unhappy with the situation – and you can understand why.
Again, Russell is unlikely to leave Mercedes this summer, but he is racing to position himself as an 'elite' driver between now and December to make himself either undroppable or highly desirable to another big fish.
Yuki Tsunoda (Red Bull)
Promoted to the senior Red Bull team after just two races due to then-boss Christian Horner terminating Liam Lawson's deal, Tsunoda has fared little better.
He is 19th in the standings with just 12 points to his name, peaking at ninth place this season, while teammate Verstappen fights at the sharp end of the grid alongside the McLarens.
It's difficult to see how Red Bull could justify keeping Tsunoda in the second seat without a dramatic surge in form, but things could get even worse for Tsunoda with no obvious back-up plan given the form of the Racing Bulls reserve team (more on that next...)
Liam Lawson (Racing Bulls)
Liam Lawson's departure from Red Bull felt cold and clinical, despite probably being the right call given Lawson's 0.88-second mean gap to Verstappen in two qualifying sessions.
It was hard not to feel sorry for Lawson, who had produced some nifty performances to climb the ladder, up through the Racing Bulls ranks and into the Red Bull cockpit, only to be abruptly dumped back on Racing Bulls' doorstep after two weekends of the campaign.
Lawson has recorded four top-eight finishes in the last nine races, that's the same number as Hadjar has achieved in the entire season, and has regularly finished ahead of Tsunoda on race day.
That said, it's likely Racing Bulls may dip back into the pool of young drivers coming through, meaning Lawson is fighting off competition on several fronts. All he can do is drive, drive, drive and hope he can convince the top brass of his worth.
Franco Colapinto (Alpine)
The 22-year-old has endured a subdued campaign with few highlights or show-stopping finishes to shout about, barring 11th place at Zandvoort. He is the only current driver on the grid yet to breach the top 10 in 2025.
Colapinto has been out-qualified 7-3 by teammate Pierre Gasly, who has lodged a finish as high as sixth, this term. It's not all doom and gloom for Colapinto, however.
"He suffered a bit from his inexperience at the start, like many of the rookie drivers. In the last three or four races, he's been much more consistent, without making any major mistakes.
"Maybe it'll be Franco, we'll see. We have four or five more races to judge. It is November we need to make a decision."
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