The world of Formula 1 has seen its fair share of seismic shifts, but nothing quite compared to the moment on February 1, 2024, when the sporting world stood still.

At 20:11 GMT, Ferrari confirmed a move that seemed scripted for a Hollywood finale: Lewis Hamilton, the most successful driver in history, was leaving the silver of Mercedes for the legendary red of Maranello.

It was described as the “biggest driver move of the 21st century,” a $446 million gamble intended to cement a legacy.

But as the 2025 season concludes, that dream has dissolved into a statistical nightmare that few could have predicted.

A Season of Unthinkable Lows For 19 years, Lewis Hamilton’s career was defined by a single, unwavering truth: if Lewis is on the grid, Lewis is on the podium. That streak ended in 2025. For the first time in his nearly two-decade-long career, the seven-time World Champion completed a full Grand Prix season without a single podium finish. He became the first Ferrari driver in 44 years—dating back to the era of Margaret Thatcher’s early days as Prime Minister—to endure such a drought.

The numbers are, quite frankly, bruising. Hamilton finished the championship in a lowly sixth place with 156 points. Meanwhile, his teammate, Charles Leclerc, became the undisputed king of the Scuderia. Leclerc out-qualified Hamilton 19 to 5 and outscored him by a massive 86 points. While Leclerc was fighting for podiums and carrying the team’s hopes, Hamilton was often found struggling in the midfield, recording two DNFs and a disqualification in China. Even his lone bright spot—a victory in the China Sprint race—was overshadowed the very next day by a disqualification for a technical violation.

The “Useless” Revelation It wasn’t just the results that shocked the paddock; it was Hamilton’s own assessment of his performance. Known for his poise and “still we rise” mantra, 2025 saw a different, more fragile version of the champion. Following a dismal 12th-place finish in Hungary, Hamilton didn’t mince words, describing his own performance as “useless, absolutely useless.” In a moment of unprecedented self-doubt, he even suggested that Ferrari “probably needed to change driver.”

This psychological toll became even more evident during the season finale in Abu Dhabi. A man who once lived for the limelight told the media he wanted to “disconnect and not speak to anyone,” famously stating he intended to “put his phone in the bin” over the winter break. It was the sound of a driver at his lowest point, struggling to find the “red magic” he had dreamed of since watching Michael Schumacher as a boy.

The Shadow of the “Heir Apparent” As Hamilton’s star appeared to wane, a new one rose with blinding speed. Oliver Bearman, the 20-year-old British prodigy, spent 2025 delivering “career-best” performances for the Ferrari-powered Haas team. Bearman, who already made history as the youngest Ferrari driver during a one-off appearance in 2024, has been nothing short of sensational. He matched Haas’s best-ever F1 finish with a fourth place in Mexico and scored points in five consecutive races.

The narrative in the paddock has shifted from “How many titles will Lewis win with Ferrari?” to “When will Bearman take his seat?” Experts like Christian Danner haven’t held back, suggesting that if Hamilton continues to struggle or “make a fuss,” Ferrari has a ready-made replacement under contract. Bearman himself has been vocal about his ambitions, stating clearly that racing in red is his “life’s goal” and “motivation every morning.” He is no longer just a reserve driver; he is the “Heir Apparent” waiting in the wings.

The $400 Million Gamble: Strategy vs. Reality To understand Ferrari’s lack of pace, one must look at the “April Pivot.” Early in 2025, Ferrari leadership made the cut-throat decision to halt all aerodynamic development on the current car to focus 100% of their resources on the 2026 regulations. This left Hamilton and Leclerc driving a “dead car” for two-thirds of the season while rivals like McLaren and Red Bull continued to pull away.

While this strategy explains the lack of wins, it doesn’t fully explain the gap between the two Ferrari drivers. Critics like Jacques Villeneuve have suggested that years of “easy wins” at Mercedes left Hamilton unprepared for a car that requires a different, more aggressive handling style. Martin Brundle, the voice of F1, noted that while Hamilton currently lacks the skill set to beat Leclerc in this specific car, the 2026 reset offers a glimmer of hope.

The Final Stand: 2026 and Redemption Despite the “nightmare” season and the relentless retirement rumors, Hamilton remains defiant. When asked point-blank in Las Vegas if he would quit, his response was a firm “No, no, no.” He insists that he still has a “dream in his heart” and that the challenge of the new 2026 regulations—featuring smaller, lighter, and more battery-dependent cars—is exactly why he stays.

The 2026 season will be the ultimate crossroads. It is a complete technical reset where the 2025 struggles could be rendered irrelevant overnight. For Hamilton, it is the chance to prove that the “Greatest Final Chapter” wasn’t a delusion, but a delayed reality. However, the pressure has never been higher. With Bearman’s shadow looming large and his legacy on the line, Hamilton is no longer just racing for trophies—he is racing for his professional survival. The world will be watching to see if the king can reclaim his throne or if the red suit will be the final curtain call for the greatest to ever do it.