Hamilton in DREAMLAND after company he owns reaches '$100 million' mark
Hamilton in DREAMLAND after company he owns reaches '$100 million' mark
Lewis Hamilton's Neat Burger business has reached a valuation of $100 million following the latest round of funding.
This news will come as a delight to the seven-time world champion, who recently impressed with a P4 finish at the Monaco Grand Prix.
Hamilton is enjoying improved success on and off the track at the moment and is hoping to reap the rewards of a major upgrade package added to his Mercedes car at the Monaco Grand Prix.
The 38-year-old has been growing the Neat Burger franchise rapidly, and has seen a surge in the company's valuation just months after opening their first US venue.
READ MORE: Hamilton UPLIFTED as he predicts ANSWERS from Mercedes upgrades
Meat-free delight for Hamilton
According to a report from the Financial Times, Neat Burger – which features only vegan products – is now valued in excess of $100 million following the latest round of financing.
The report states: "The chain, which is backed by British racing driver Lewis Hamilton, raised $18mn from new investors including boutique bank LionTree and Real Madrid goalkeeper Thibaut Courtois, as part of a series B round led by B-Flexion, the family office of Swiss billionaire Ernesto Bertarelli."
These impressive figures mean that the business has already witnessed valuation growth of 40 per cent compared to two years ago, according to the Financial Times' report.
Neat Burger opened its first venue outside of the UK in April, following up the eight locations in London with a store in New York.
READ MORE: Hamilton hits Monaco ICE amid drama-filled grand prix
Related
Change your timezone:
Latest News
Audi agree STAR driver contract as Mercedes driver tipped for new F1 seat THIS season - GPFans F1 Recap
- Yesterday 23:57
Ferrari show off new-look drivers following HUGE announcement
- Yesterday 22:57
McLaren leading fight for HUGE cash injection
- Yesterday 21:57
Newey set to announce STUNNING Red Bull departure
- Yesterday 17:57
Newey Red Bull exit wish CONFIRMED as F1 guru's reasons revealed
- Yesterday 20:57
F1 legend reveals 'FLOOD' of death threats after controversial decision
- Yesterday 19:57
Related news
Incredible statistic puts Verstappen AHEAD of Hamilton record
Fierce rival calls Hamilton F1's GOAT in surprise admission
Hamilton sends strong message over Gaza deaths
Former F1 chief hits out at Hamilton 'EXCUSES'
F1 Standings
Drivers
- Oliver Bearman
- Charles Leclerc
- Carlos Sainz
- Lando Norris
- Oscar Piastri
- Pierre Gasly
- Esteban Ocon
- Sergio Pérez
- Max Verstappen
- Alexander Albon
- Logan Sargeant
- Lewis Hamilton
- George Russell
- Nico Hülkenberg
- Kevin Magnussen
- Fernando Alonso
- Lance Stroll
- Valtteri Bottas
- Zhou Guanyu
- Daniel Ricciardo
- Yuki Tsunoda
Races
- Gulf Air Grand Prix of Bahrain 2024
- Saudi Arabian Grand Prix 2024
- Grand Prix of Australia 2024
- MSC Cruises Grand Prix of Japan 2024
- Grand Prix of China 2024
- Miami Grand Prix 2024
- Gran Premio dell'Emilia Romagna 2024
- Grand Prix of Monaco 2024
- Grand Prix du Canada 2024
- Gran Premio de España 2024
- Grand Prix of Austria 2024
- Grand Prix of Great Britain 2024
- Grand Prix of Hungary 2024
- Grand Prix of Belgium 2024
- Heineken Dutch Grand Prix 2024
- Grand Prix of Italy 2024
- Grand Prix of Azerbaijan 2024
- Grand Prix of Singapore 2024
- Grand Prix of the United States 2024
- Gran Premio de la Ciudad de Mexico 2024
- Grande Prêmio de São Paulo 2024
- Heineken Silver Las Vegas Grand Prix 2024
- Qatar Grand Prix 2024
- Grand Prix of Abu Dhabi 2024
About GPFans
GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.
With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.
Follow us on your favorite social media channel
Corporate & Media
Innovatieweg 20C7007 CD, Doetinchem, Netherlands
+31645516860