Lewis Hamilton is one of the richest athletes in the world, with his multimillion-pound contract combined with his numerous endorsements giving him a net worth of around £300m.
The seven-time world champion always looks to use his money for good, being listed as one of the most charitable people in the United Kingdom last year after he gave away £20m to his Mission 44 foundation, which looks to help the discriminated and disadvantaged.
With the 38-year-old slowly coming towards the end of his racing days, Hamilton is now looking to become involved in owning a sports team and was involved in Sir Jim Ratcliffe’s bid to purchase Chelsea FC before they were eventually brought out by Americans.
Lewis Hamilton has now explained why he is looking to be part of a takeover bid for a football club, suggesting that black ownership is still lacking in major sports.
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“Jim is part boss and part partner. I’d say we’re more partners because we’re in this together,” said Hamilton last summer.
“I hope in the future to do something with Jim and build with him. I don’t know when that will be or what that will be.
“But I do want to get more and more involved in teams because I really do believe in black ownership and black equity because there is a real lack of that in sport.”
While Hamilton does have experience owning an Extreme E racing team, which won the championship last season, the Brit is yet to venture outside of motorsport in his pursuit of owning a sports team outright.
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Sir Jim Ratcliffe on the other hand currently owns French Ligue 1 side Nice and has earned a reputation as something of a tough master, sacking several managers in his time owning the club so far.
Ratcliffe is Britain’s richest man with a reported net worth of £12.5b thanks to his global chemical company Ineos, which he founded after completing his studies at university.
Should Hamilton look to get involved in owning a football team, now might be the best opportunity for him to do so, as Ratcliffe continues to circle around Manchester United, who are reportedly set to be sold by the Glazer family.