Two-time World Champion Fernando Alonso has signed a 5 year deal with Ferrari believed to worth 25 million Euros per year.
The news comes as a shock to no one as rumors of Alonso making the move to Ferrari have been around for years and have become even more prevalent lately.
The deal is most likely going to displace Kimi Raikkonen from the Italian team while Robert Kubica will be filling the void left by Alonso at Renault.
Source: PlanetF1.com