The seven-time Formula 1 world champion, English driver Lewis Hamilton, has entered his name into a new controversy because of one of his shortcomings, according to information published by the British newspaper. Watchman, is registered with a company headquartered in a tax haven: the British Virgin Islands, located in the Caribbean. The mansion, which is located in an upscale neighborhood of London, was valued in 2017 at £16.5 million, which is about R$103 million at the current exchange rate.
A Hamilton employee stated that the measure is a way of preserving driver privacy and that there are no advantages to paying UK tax: “Ownership of Lewis Hamilton’s property in the UK through foreign property listed and registered companies does not give it any tax or other financial advantage. Lewis supports the new register, as evidenced by the inclusion of British estates and related companies, along with their beneficial ownership in the register.”
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Recently, Hamilton starred in a speech arguing that the division of capital around the world is unequal and that there should be a limit to the amount of money people can have, aiming for equality for all citizens: “You shouldn’t have billions. You should have billions.” There is a limit to how much money someone can have, because there has to be enough for everyone, so somehow there has to be a law that creates more equality and access for everyone, though I don’t know how that can be done.”
Fifth in the 2022 championship, Hamilton is looking for redemption in the season that begins soon.
Amelia Kensington is a contributor to Mediarunsearch.co.uk, covering a wide range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and useful information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, presenting complex topics in an accessible and engaging way while maintaining a strong commitment to accuracy and relevance.