Hamilton beat Mercedes teammate Valtteri Bottas by 5.7 seconds and rushed over to celebrate with the team's engineers and mechanics after the team clinched another constructors' title.
Racing on the track where his childhood idol Ayrton Senna lost his life, Hamilton finished 0.097 seconds behind Bottas’ time of 1 minute, 13.609 seconds.
Hamilton clocked 1 minute, 14.726 seconds on the Enzo and Dino Ferrari track to finish 0.297 ahead of Verstappen's Red Bull.
More than a quarter of a century later, Hamilton still has vivid memories of when his father broke the news as the pair repaired his kart.
41-year-old Raikkonen was the 2007 champion and this season became the driver with the most race starts. Next season will be his 19th in F1.
Hamilton finished nearly 25.6 seconds ahead of Mercedes teammate Valtteri Bottas and 34.5 clear of Red Bull's Max Verstappen for his eighth win of another dominant season.
Having secured a record-extending 97th career pole, Hamilton can make Formula One history if he wins Sunday’s race with a 92nd win to move one clear of Michael Schumacher.
After leading Friday's two practice sessions, the Mercedes driver was .03 seconds quicker than teammate Lewis Hamilton and .16 ahead of Red Bull's Max Verstappen.
Valtteri Bottas was 0.34 seconds faster than his teammate Lewis Hamilton in the first practice session of Portuguese GP.
Victory at the Portuguese Grand Prix on Sunday would move the British driver onto 92 race wins, and surpass the German great's mark of 91 that for so long had been considered untouchable.
The pair have struggled in their fourth season together and scored only three points between them in 11 races so far.
Ricciardo and Renault team principal Cyril Abiteboul had a bet that Abiteboul would get a tattoo of Ricciardo's choice if he could finish in the top three of a race this season, which he did at Eifel GP on Sunday.
Hamilton wins the Eifel Grand Prix on Sunday after Mercedes teammate Valtteri Bottas suffers DNF from the lead.
Bottas' time beat Hamilton by .256 seconds and Verstappen by .293. Ferrari recovered a little ground after a miserable run of races, with Charles Leclerc qualifying fourth and Sebastian Vettel 11th.
Bottas set the pace in 1 minute 26.225 seconds, with Lewis Hamilton .136 off his Mercedes teammate in second. Ferrari's Charles Leclerc third fastest, .456 off Bottas, and Sebastian Vettel fifth.
Low cloud and mist made for poor visibility around the Nürburgring track and it was declared unsafe for the medical helicopter to take off before time ran out for the 90-minute session.
Honda is the engine supplier for the Red Bull and AlphaTauri teams. It had resumed competition in F1 in 2015.
Hamilton had been looking to match Michael Schumacher's record of 91 wins in Formula One but had to settle for third behind Bottas and Max Verstappen.
Mercedes' Hamilton on Saturday took his 96th pole position ahead of the Russian Grand Prix and would be looking to equal Schumacher's record of 91 race wins on Sunday.
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