“The management agreement between Penni Thow and her company Copper with Lewis Hamilton came to its natural end in December 2023, after the expiry of a fixed term," Hamilton's spokesperson told Telegraph Sport.
“Over the course of the partnership, Penni and her team have supported Lewis’s entrepreneurial vision and together they have launched several exciting ventures.
"While the management agreement has ended, Copper will remain working with Lewis on some of these joint projects to ensure their continued development and success.
“Over the coming months Lewis will be expanding his company Project Forty Four, which was set up in 2014, and will be making exciting appointments and announcements as he continues to grow his entrepreneurial business and investment interests.
“Lewis is looking forward to the beginning of the new Formula One season and he will be working with Marc Hynes, his long term friend and former colleague who will be providing his expertise to assist Lewis on the track," the statement continued.
"Marc will be solely focused on racing activities and supporting Lewis’s commitment to bringing the fight back to the top spot.”
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