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Tuesday, 7 October 2008

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Lewis Hamilton buys £20m beach resort

Formula 1 star also given £10m plot of land

F1 driver Lewis Hamilton is expected to earn £75m in the next five years

Lewis Hamilton has bought the Grand Beach resort in Grenada for a whopping £20million.

As part of the deal, the Formula 1 star, 23, will also receive a £10million stretch of land from the government to help promote the island for the next four years.

Prime Minister Tillman Thomas had launched an inquiry into the deal, struck before he took office, after allegations it deprived taxpayers of millions in land fees.

But lawmakers yesterday scrapped the probe and tourism chief Peter David said it showed the deal to be "completely legitimate".

Lewis, whose grandfather lives in the country, is currently dating Nicole Scherzinger, 30.

See Lewis Hamilton and Nicole Scherzinger's love story in photos>> 

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