sportbible homepage
sportbible homepage
  • Football
  • Boxing
  • UFC
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • LADbible
  • Tyla
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • FOODbible
  • UNILAD Tech
Lewis Hamilton in 'concrete talks' to buy Red Bull-linked team using his £300m net worth

Home> F1

Updated 14:33 27 Dec 2024 GMTPublished 14:31 27 Dec 2024 GMT

Lewis Hamilton in 'concrete talks' to buy Red Bull-linked team using his £300m net worth

Could Lewis Hamilton be buying a team of his own?

Marcus Chan

Marcus Chan

google discoverFollow us on Google Discover

Seven-time Formula 1 world champion Lewis Hamilton is reportedly in talks to buy a Red Bull-linked team.

The 2024 season was one to forget for Hamilton as he finished in a disappointing seventh place in the F1 driver's standings, a huge 214 points adrift of winner Max Verstappen.

Looking ahead, 2025 is set to be a season of change for the Brit as he waved goodbye to Mercedes ahead of his high-profile move to Ferrari.

Advert

First confirmed back in February, Hamilton is set to partner Monegasque star Charles Leclerc in the Ferrari red from 2025 onwards.

With F1 not returning until February 2025 at the earliest, Hamilton has been linked with buying a Red Bull-linked MotoGP team.

As reported by The Mirror, Hamilton has held 'concrete discussions' over investing in the KTM MotoGP team.

Having competed in MotoGP since 2017, KTM's parent company are said to be encountering financial difficulties and 'could be forced to sell off or even close its motorsport arm as part of a self-administration process'.

KTM have been sponsored by the likes of Red Bull and Mobil 1 over the years but now find themselves in a tricky situation.

Lewis Hamilton has been linked with investing in the KTM MotoGP team. Image: Getty
Lewis Hamilton has been linked with investing in the KTM MotoGP team. Image: Getty

With a net worth of over £300 million, as listed by the Sunday Times Rich List, Hamilton could be the perfect investor to save the team.

Speaking to Speed Week, KTM motorsport director Pit Beirer said of Hamilton's potential investment: "All I can say is that we have had very interesting discussions with his management.

"It is no secret that Lewis Hamilton is interested in MotoGP and is thinking about having his own team. There are concrete discussions here too. The current situation is making us creative and open to new discussions. So we are not only open to sponsors, as has been the case so far, but also to investors."

The 2025 F1 season will begin in March with the Australian Grand Prix in Melbourne.

Featured Image Credit: Getty

Topics: Lewis Hamilton, Formula 1, Moto GP, Red Bull Racing

Marcus Chan
Marcus Chan

Recommended reads

Dennis Taylor interview: Why snooker legend is playing in brand-new event... and how he saved someone's lifeGettyRanking the top 10 best golfers of all time as Nicklaus v Woods GOAT debate settledGetty ImagesDavid Munyua and Peter Wachiuri interview: 'We wish for major PDC players to come and visit Kenya'Getty / Instagram/@wachiuridartsMark Selby lifts lid on backstage talks over Crucible as landmark agreement reachedGetty

Advert

Choose your content:

14 hours ago
15 hours ago
19 hours ago
20 hours ago
  • Getty
    14 hours ago

    FIA confirm changes to 2026 F1 regulations as statement issued ahead of Miami GP

    Mohammed Ben Sulayem has addressed the matter, while the FIA have also made clear what will change.

    F1
  • Getty
    15 hours ago

    Six nations want to host F1 as Liberty prepare to break promise and add more races

    The F1 calendar could be getting a huge revamp.

    F1
  • Getty
    19 hours ago

    Futuristic F1 track with unique detail 'to replace' current circuit in next decade

    Construction is already underway, with a current circuit set to be replaced.

    F1
  • Getty
    20 hours ago

    F1 officials release statement ahead of emergency "high-level" meeting to discuss regulation changes

    The 2026 regulation changes have not been received well by several drivers, including Max Verstappen.

    F1
  • George Russell makes damning admission about GPDA F1 role after FIA president brutally shuts down request
  • Daniel Ricciardo 'number one target' for shock F1 team after Red Bull exit
  • Red Bull announce major driver change to complete F1 grid for 2025 season
  • Max Verstappen tipped to leave Red Bull for shock team in move that would stun F1