breaking news; Ferrari reportedly withdrew from the race to avoid hamilton bidding war…..

While Newey has been heavily linked to Aston Martin in recent months, it was initially Ferrari who were leading the running when the design guru announced in May that he will leave Red Bull in early 2025.

From a visit to Maranello to a private meeting at an airport, Ferrari courted Newey with team boss Fred Vasseur’s “couple of names with five letters” cryptic tease back in July seen as a hint that 25-time championship-winner would be the one to replace the Aston Martin-bound Enrico Cardile, who was formerly Ferrari’s head of their chassis design department.

But six weeks later, it’s Aston Martin who are expected to announce the 65-year-old, and do so in the coming days, after Ferrari withdrew from the negotiations.

While it was suggested that the right to veto the hiring of technical staff played more of a role in that than finances, Motorsport.com claims it was actually about money with Ferrari wanting to avoid a bidding war.