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Why Lewis Hamilton Lives in Monaco Despite Owning Homes Worldwide
Why Lewis Hamilton Lives in Monaco Despite Owning Homes Worldwide originally appeared on Athlon Sports. Lewis Hamilton may own luxury homes across the globe, but there's one address that stands above the rest — Monaco. The seven-time F1 world champion has long been based in the glittering principality, and the reason is as strategic as it is glamorous. Monaco, nestled on the French Riviera, spans just over two square kilometers. It has the shortest coastline of any country in the world and is so narrow that parts of it are barely 350 meters wide. Yet for the ultra-wealthy — and especially F1 drivers — it's one of the most desirable places to live. Hamilton, who reportedly earns around $60 Million annually, including bonuses, enjoys Monaco's most well-known benefit: zero personal income tax. Unlike drivers based in England, France, or other Western nations where tax rates can soar above 40%, Monaco allows its residents to keep nearly all of their earnings. That advantage alone has drawn a long list of F1 stars to its shores — past and present — including Max Verstappen, Charles Leclerc, and Lando Norris. While Hamilton doesn't live in Monaco full-time — F1 drivers spend much of the year traveling — he maintains a multi-million dollar property there. And despite owning other homes in places like London, New York, and Colorado, his Monaco base remains a financial and logistical hub for his career. There's another quirk to living in Monaco: homeowners can't legally rent their properties on platforms like Airbnb. The government restricts short-term rentals to preserve exclusivity and local character. That's why fans hoping to stay in Monaco for the Grand Prix often find themselves booking across the border in Beausoleil, France — sometimes just a few hundred meters away. For Hamilton, Monaco offers more than just tax perks. It's private, secure, close to the F1 paddock, and filled with fellow athletes and entrepreneurs who value discretion. In a sport where margins matter, living in Monaco is just another smart move in a champion's story was originally reported by Athlon Sports on Aug 7, 2025, where it first appeared. Solve the daily Crossword
BBC News
03-07-2025
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- BBC News
What is Hamilton's record at Silverstone?
Lewis Hamilton has won the British Grand Prix at Silverstone a record nine times - the most victories for a Formula 1 driver at a single circuit or grand seven-time world champion has taken victory at Silverstone in 2008, each year from 2014 to 2017 and 2019 to 2021 and again in also means that Hamilton, as he heads into the 2025 race weekend in Northamptonshire, holds the most wins at a driver's national or home he has a huge following across the world, Silverstone is Hamilton's home race and one where he has excelled and set records over the debut Silverstone win was not straightforward as Hamilton had to battle with heavy rain conditions in a race that several drivers failed to most recent victory at Silverstone came last year, when he made an emotional return to the top of the podium after two and a half years without a win anywhere."I've had so many amazing times [at Silverstone] in the past, but when I came across that line something really released in me that I guess I've been holding on to for a very long time," Hamilton said after his 2024 British Grand Prix win."It was the most emotional end to a win I've ever experienced, I never cry, but it hit me hard, after such a difficult 2021, just trying to continue to come back." Podiums aplenty at Silverstone Hamilton has stood on the podium at Silverstone 15 times since he began his Formula 1 career in 2007 - a record for the most top-three finishes at a single the hybrid engine era began in 2014, Hamilton, no matter the type of season he is having, has consistently finished the British Grand Prix on the podium every year - 11 times, taking victory on eight occasions, P2 once and P3 was also on the podium for the 70th Anniversary Grand Prix at Silverstone in a Covid-hit 2020 season, with that race staged a week after the British Grand his 18 starts at Silverstone for the British Grand Prix, Hamilton has finished outside the top 10 only once, in 2009 where he took 16th spot. Hamilton a 'huge part' of circuit's history Silverstone honoured Hamilton's successes over the years by naming a part of the circuit after the pits straight at the British Grand Prix, where the race start and finish line is, was named the Hamilton Straight in was the first time a part of the Silverstone circuit had been named after an Racing Drivers' Club president and former F1 driver David Coulthard said: "Lewis has become a huge part of [Silverstone's] history and the directors of the club and I felt there was no better way to mark this than to rename the iconic pits straight in recognition of his record-breaking achievements."Hamilton has celebrated many victories at Silverstone's finish line and the straight is where fans celebrate in front of the podium. Hamilton has actively engaged with the fans in celebrations, including crowd article is the latest from BBC Sport's Ask Me Anything team. What is Ask Me Anything? Ask Me Anything is a service dedicated to answering your want to reward your time by telling you things you do not know and reminding you of things you team will find out everything you need to know and be able to call upon a network of contacts including our experts and will be answering your questions from the heart of the BBC Sport newsroom, and going behind the scenes at some of the world's biggest sporting coverage will span the BBC Sport website, app, social media and YouTube accounts, plus BBC TV and radio. More questions answered... What is DRS in Formula 1 and what's coming next?What are penalty points in F1 and how do they work?How does Formula 1 points scoring work?
