Lewis Hamilton to be Traded as Stock??

[EIR Loe.307]

It is being speculated that Lewis Hamilton may become a publicly traded asset. The move would set him up as a majority stock holder IN HIMSELF!! :eek: This could net him $100m in a lump sum AND set him on track to net $1b over ten years. Holy crap that's alot of $$. They are leveraging this based on his future earning potential. I really hope this is a joke but it may not be.

[JoStream]

That's pathetic :rolleyes:. I hope it doesn't become a trend, because then you would have a lot of factors during the silly season. Is Hamilton going to switch to Ferrari? Probably not because Mobil has a 30% stake in the guy :lol:

And I guess that would make his income figures and expenses public wouldn't it?

[EIR Loe.307]

The article said that David Bowie did it a while back in the 90's netting him $33m (pounds) :rolleyes:

[Ryan]

I would like to read the article.

[Driverdb]

Justin Wilson did this in 2003 to be able to pay for his Minardi seat. He started a company called Justin Wilson plc and sold shares at £1 each. The company would have the rights to all future income from his F1 career for 10 years and the rewards would be handed out to the shareholders.

Justin didn't have a 10 year's F1 career though...