Welcome at RacingNews365

Become part of the largest racing community in the United Kingdom. Create your free account now!

  • Share your thoughts and opinions about F1
  • Win fantastic prizes
  • Get access to our premium content
  • Take advantage of more exclusive benefits
Sign in
Lewis Hamilton

Hamilton makes off-track investment ahead of 2022 F1 season

Lewis Hamilton has made a business investment to add to his portfolio ahead of the 2022 F1 season.

Hamilton Abu Dhabi 2
To news overview © RN365/Michael Potts

Lewis Hamilton may be maintaining a low profile from the world over the course of the F1 off-season, but the seven-time World Champion is busy behind-the-scenes as it has been confirmed he is now an investor in a grocery delivery start-up company.

Hamilton has put up some cash as part of a larger $200 million dollar investment into Zapp, a London-based start-up.

According to NBC Chicago, Zapp did not disclose their valuation at the end of an intensive funding round led by several prominent venture capital firms, and nor did they disclose the size of Hamilton's stake.

Zapp was founded in 2020 and aims to allow people buy groceries from small warehouses built with the sole purpose of quickly fulfilling online delivery orders.

The deal sees Hamilton add to his off-track business ventures, in addition to his 2019 investment into vegan burger restaurant chain Neat Burger.

Also interesting:

F1 Podcast: Why F1 2022 could be the most exciting season ever

With huge changes being made to the F1 rule book for 2022, our journalists Dieter Rencken, Mike Seymour and Thomas Maher look ahead to the new season.


LATEST Brundle: 'Team Verstappen' were surprised by Perez pace