Thursday, January 24, 2008

Hamilton’s New Deal

Although there were previous rumours over Formula 1’s newest sensation, “Louise Jaguar” Hamilton having done a new deal with McLaren, it has now been confirmed with Ron Dennis announcing that his protégé has indeed been inked thru the 2012 season.

Reports claim that the young Britain’s new five year deal is valued at $138 million, which makes his move to Switzerland even more enticing, due to their relaxed tax policy. As one British rag noted, if the figures are correct and Hamilton had continued living in “Jolly ‘Ol England.” He’d have been faced with a $55 milllion tax debt! And to think that Hamilton just celebrated his 23rd birthday at Stuttgart during the unveiling of the MP/4-23…