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Home  //  News  //  Buying a Piece of Hamilton?

Buying a Piece of Hamilton?

WordsStephen
DateNov 14 2007
Read01:30

Lewis Hamilton is considering floating himself on the stock market Thanks to a fantastic first season in the sport, many sports marketing experts have speculated that the young Briton may be on course to bank over $1 billion over the course of his Formula 1 career with the majority of the money coming from advertising deals.

Hamilton is considering listing himself on the stock market to allow fans and sponsors to acquire a stake in his future earnings. One option is to setup a company with Hamilton as the asset and major shareholder. Some shares in the company would be sold off to the public probably around 10% for $100 million enabling shareholders to cash-in on the youngster s earnings through dividend payouts.

Words: Stephen // FORUMula1.com