Hamilton is still capable of winning it...with the dominant enough car. Same goes for Verstappen & Alonso. They all have the fight in them to do it and they make very few mistakes, but the development of the car will decide what the outcome is. The 'other' guys, Leclerc, Russell & Norris are fast but falter more than they should.
It's going to be an exciting year for sure and I'm really interested to see how the new driver pairings do and what it says about them:
Verstappen/Lawson: Will Lawson show up as someone who can tame the 2nd car or struggle and wither away like the handful before him? Lots of fans and pundits like to claim Verstappen doesn't want any competition in the 2nd seat so it would be nice to see an actual equal pairing at RBR since we haven't seen that in a long time...
Russell/Antonelli: is Antonelli really the next Verstappen? It will be an interesting dynamic at Merc. Russell's head has gotten quite big, especially after beating Hamilton. With so much in the news about Toto courting Max, then finally signing Kimi and hailing him as the next prodigy, I'm sure Russell is eager to prove he's the #1 of the team.
Hamilton/Leclerc: Is Hamilton going to show that he's not done winning or will a failure at the team see him seek retirement. Leclerc is undoubtedly the favorite in 25 due to his experience with the team, but i think most people know that Leclerc is soft compared to Hamilton. Leclerc has shown that he's too nice and gets walked all over because of it. Hamilton will gladly take the top spot on the team (if he doesn't have it already) but he needs the car to do it. Hamilton famously boasted that Mercedes doesn't make mistakes. How will he get on with Ferrari and their mistakes?