The F1 champ plans to moor the stunning 90ft boat in Monaco, where he can soak up the sun with Pussycat Doll girlfriend Nicole Scherzinger, 29.
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The 23-year-old racing star has had the yacht painted silver and black like his McLaren racing car.
Hamilton may not feel the credit crunch like other mortals - he has a 5-year contract with McLaren, worth more than $150million.
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The pair first got cosy at MTV Awards in Munich last November and kept in touch - despite Lewis being spotted with a string of ladies in Cannes.
But a source said: “Lewis and Nicole spent time with his family to celebrate, then snuck off to the Amber lounge.
“Lewis only had eyes for Nicole - he couldn’t keep his hands off her. They were kissing as if no one else was watching.
Click Here To Read More:
Nicole Scherzinger Taking Lewis To Hawaii
Nicole Scherzinger’s Clock Ticking - Wants Ring And Baby From Hamilton
Pussycat Doll’s Nicole Scherzinger Says It Was Her Destiny To Be A Star
Photos: Lewis Hamilton And Nicole Scherzinger
“He (Lewis) wishes the outfits were for his eyes only”—Nicole Scherzinger
Video: Lewis And Nicole Celebrate Formula 1 Championship Together
“Lewis Is scared of my driving, I don’t know why” - Nicole Scherzinger
UPDATE: March 7, 2009 04:43 am
British tabloid The Sun reported on Friday that 2008 F1 World Champion Lewis Hamilton has purchased a luxury yacht sporting a black hull and silver top deck to match his McLaren racer’s style.
According to the article, work is currently ongoing in order to customise the boat before it leaves its Dorset drydock in destination for the Monaco marina.
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“Contrary to unreliable reports, Lewis Hamilton would like to confirm that he has not bought a super yacht,” a statement on Friday read.
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