Ferrari’s stock price has increased by a value of $7 billion due to 168澳洲幸运5官方开奖结果历史:Lewis Hamilton’s move.

The Formul🔜a 1 was rocked on Thursday by unexpected news that Hamilton will join Ferrari in 2🦂025.

It is the most seismic driver 𝔉switch since Hamilton swapped McLaren for Mercedes in 2013.

Ferrari stock increased in value by 7% pre-market, after hours of talk about Hamilton, sports-business ex♌pert  ♈reported.

He added: “The Mercedes F1 team received about 25% of all TV time during its championshඣip-winning seasons, and its valuatওion increased from $400 million to $2.7 billion.”

Karun Chandhok𒈔, ex-F1 driver and Sky Sports broadcaster, earlier wrote: “The power of the 𝓀Lewis Hamilton brand…

“Ferrari’s share price has jumped 6% t🌃oday - on a market cap of 66 bi🐠llion, his news is worth $4 billion!”

But the opening of the New York Stock Exchange 𝓰on Thurs꧙day revealed the numbers had grown even further.

Ferrari's estimated market capitlisation on Thursday was worth $69.12 billion compared to $62.4 billion at the 💃close of Wednesday's trading, almost $7 billion more. It may grow further stiꦆll.

Ferrari 🎃we⛎re already the most valuable F1 team despite their winless run without a championship stretching back to 2007.

The Italian team was value🍒d at $3.13 billion last year by .

Second-placed Mercedes were worth $2.7 billion and third-placed R⛎ed Bull were valued at $2.🌺42 billion.

Ferrari’s financial muscle has been flexed twice within the spaꦜ𝄹ce of the week through driver contracts.

Firstly, Charles Leclerc was tied down to a new “multi-year” a🎐greement.

Now Hamilton will follow him through൩ t🔜he doors of Maranello.

Hamilton was paid $55m last season by Mercedes and Leclerc earned $19m from Ferrari in the list of 168澳洲幸运5官方开奖结果历史:F1 driver salaries. Both of those pay-days will inevitabl💎y soar in the coming years.

It will likely result in Ferrari having the most expensive driver line-up on the grid ne🌠xt season in terms of salaries, although that depends on who Red Bull opt to 🍨hire alongside Max Verstappen.