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FORMULA One ace Lewis Hamilton will be awarded a knighthood in the New Year’s Honours list.

The seven-time world champion, 35, is to be given the gong after his controversial tax affairs were deemed “all in order”.

Lewis Hamilton will be awarded a knighthood by the Queen in the New Year’s Honours list
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Lewis Hamilton will be awarded a knighthood by the Queen in the New Year’s Honours listCredit: Getty Images - Getty
Hamilton’s knighthood crowns a perfect year for the new seven-time world champion
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Hamilton’s knighthood crowns a perfect year for the new seven-time world championCredit: Rex Features

Superstar Lewis, arguably the UK’s greatest living sportsman, is honoured for his massive contribution to Formula One.

The 35-year-old racer, worth an estimated £250million and resident in tax haven Monaco, will be given his gong in the New Year after his finances got the green light from the Government’s Honours Committee.

A friend said: “This is an honour that has eluded Lewis for so many years.

“It marks an incredible end to the most wonderful season.”

'ENORMOUS CONTRIBUTION'

Another top sports figure said: “He is paying the right amount of tax — all that is due.

“He has been put forward by industry bosses in recognition of his enormous contribution to the sport.”

Lewis took advantage of rules — totally legally — to save £3.3million tax by registering a £16.5million private jet on the Isle of Man.

Lewis Hamilton received an MBE from the Queen at Buckingham Palace in 2009
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Lewis Hamilton received an MBE from the Queen at Buckingham Palace in 2009Credit: PA:Press Association
Hamilton has been cheered on by his family since his karting debut aged eight
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Hamilton has been cheered on by his family since his karting debut aged eight
Hamilton celebrated winning a 7th F1 World Drivers Championship earlier this month in Turkey
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Hamilton celebrated winning a 7th F1 World Drivers Championship earlier this month in TurkeyCredit: Getty Images - Getty

Despite his Monaco base he is one of the top 5,000 tax-payers in the UK.

In 2017 the Mercedes ace hit out at critics of his tax status, saying: “What people don’t realise is I pay tax here but don’t earn all my money here.

“I race in 19 countries, so I earn my money in 20 different places and pay tax in several different places, and I pay a lot here as well.

“I’m contributing to the country. Not only that, I help keep a team of more than 1,000 people employed.”

WORLD CHAMPION

Asked previously about a knighthood, Lewis said: “When I think about that honour I think about people like my grandad who served in the war.”

The knighthood for Lewis, also a passionate supporter of the Black Lives Matter movement, comes 12 years after he was handed the MBE.

He is the latest young sports hero to be knighted recently — following Olympic gold medallist Mo Farah, tennis ace Andy Murray and ex-England cricket captain Alastair Cook.

Tearful Lewis won a seventh title in Turkey last weekend — and was immediately congratulated by the Queen via the Royal Family’s Twitter account.

Lewis registered his £16.5million private jet on the Isle of Man to save £3.3million tax
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Lewis registered his £16.5million private jet on the Isle of Man to save £3.3million tax
Lewis is a passionate supporter of the Black Lives Matter movement
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Lewis is a passionate supporter of the Black Lives Matter movementCredit: Getty Images - Getty
The champion took to Instagram to share this cute snap with the caption 'Anything is possible. Chase your dreams'
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The champion took to Instagram to share this cute snap with the caption 'Anything is possible. Chase your dreams'Credit: Instagram @lewishamilton

THE SUN ON SUNDAY SAYS

LEWIS Hamilton has a powerful claim to the title of Britain’s greatest-ever sportsman.

The Formula One genius has won an incredible 94 races on his way to seven world titles.

Away from the track he is a driving force for good.

His thoughtful comments on race issues have been highly impressive. And he is a brilliant inspiration to youngsters across the country.

We reveal today that he is to finally receive a knighthood in the New Year’s Honours List.

We salute you, Sir Lew.

The title took him level with Michael Schumacher, although he has already passed the German for race wins (94) and pole positions (97).

READ MORE SUN STORIES

Hamilton has been cheered on by dad Anthony and half-brother Nic since his karting debut aged eight.

He started in Formula One in 2007.

Life in the fast lane

LEWIS had an outstanding gift for speed from an early age.

He grew up on a council estate in Stevenage, Herts, first with mum Carmen after his parents split when he was two.

He later moved in with dad Anthony who took multiple jobs to pay for tyres and race fuel for the young karter.

In 1995 ten-year-old Lewis told McLaren boss Ron Dennis: “One day I want to race for you.”

He made his F1 debut in 2007 and won a first title a year later — then the youngest to do so.

Six more came after a 2013 move to Mercedes.

He has dated Pussycat Doll Nicole Scherzinger and was this year named in Time magazine’s 100 most influential people.

Lewis Hamilton puts success down to little-known right-hand woman Angela Cullen

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