That's because of a Ferrari promise to invest in some of Hamilton's projects, including his Mission 44 project, which seeks to reimagine the future and empower young people from underserved communities.
"Elkann promises to embrace and champion Hamilton's diversity and inclusion initiatives, including Mission 44," they say.
"The potential joint investment fund with Exor could contribute $250 million to Hamilton’s future projects on top of his compensation for his on-track services, making his total deal with Ferrari an astonishing $400 million."
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