In a surprising turn of events, negotiations between Ferrari and Formula 1 superstar Lewis Hamilton are speeding up, with a potential conclusion expected by the end of the week. While it remains uncertain whether a final contract has been signed, several reports suggest that Hamilton could be on the verge of a move to the iconic Italian racing team.Ferrari has long expressed interest in acquiring Hamiltons services, but previous attempts were rebuffed as the seven-time champion believed that Mercedes provided a better path to success. However, recent struggles for Mercedes on the track seem to have shifted the tide, with Ferrari now on the cusp of convincing Hamilton that it represents a more promising future.What are possible factors for the switchDespite Hamilton signing a multi-year contract with Mercedes for 2024 and 2025 last year, it is now speculated that the second season might have been an option. If Hamilton opts for Ferrari, he could perform an escape clause, enabling him to join the team from the 2025 season. Meanwhile, both Ferrari and Mercedes have refrained from providing official comments on the ongoing situation.The potential move would deal a significant blow to Mercedes, which engaged in lengthy contract negotiations with Hamilton last year to secure his services for the current year. Hamilton expressed confidence that Mercedes had learned from its challenging 2022/2023 seasons and had the potential to return to glory with its new car for the current campaign.What happened to Hamiltons faith in MercedesIn an interview at last years Abu Dhabi Grand Prix, Hamilton stated, I do have faith that we will get there we have been here before as a team. He emphasized his belief in the teams values and focus, expressing hope for positive changes.Furthermore, he added, he added: “I think for this year (2023) they thought the fundamentals were good and we just have to go here and its not the case. Thats why I was frustrated in February because they hadnt made the changes Id asked for. But with the changes we are making, I hope I was, I hope we are right and, yeah, but I guess we have no idea what the Red Bulls are going to do.” No official confirmationThe reasons behind the potential change of heart regarding Hamiltons commitment to Mercedes remain unclear. Initial feedback from the Mercedes wind tunnel indicates positive progress with the new W15, and recent contract extensions for team boss Toto Wolff and technical director James Allison suggest stability within the German manufacturers leadership.