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Formula One: Lewis Hamilton's new portfolio

By David Connett Overlooking one of the finest stretches of sand in the world, Grand Anse beach on the Caribbean island of Grenada is already home to celebrities including Hollywood film director Steven Spielberg, US chat show host Oprah Winfrey and Microsoft billionaire Bill Gates. Now Lewis Hamilton is set to join them as the owner of a £10 million luxury hotel development. The Daily Telegraph has learnt that Hamilton, his father Anthony and his financial advisers are in secret negotiations to buy the beach-front property on his family's native island. It is understood that Anthony Hamilton, who is also his son's manager, has already negotiated a deal to take over the 70-year-old leasehold of the existing hotel and is in talks with Grenadian Prime Minister Keith Mitchell to acquire adjoining government-owned property.... [read full story]                    

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