Anthony Hamilton, father of seven-time Formula One world champion Lewis Hamilton, has sold a collection of 27 classic cars for a total of £2.9 million at auction.

The transaction highlights the significant financial activity surrounding the Hamilton family, separate from the driver's own reported earnings.

Reports suggest the seven-time champion is earning approximately £50 million a year from his contract with the Italian team, further amplifying the commercial footprint of the Hamilton brand.

The sale comes as Lewis Hamilton continues to build his legacy with Ferrari, having recently claimed his first victory for the Scuderia at the Spanish Grand Prix.

Reports suggest the seven-time champion is earning approximately £50 million a year from his contract with the Italian team, further amplifying the commercial footprint of the Hamilton brand.

The auction of the classic car collection demonstrates the diversification of assets within the Hamilton household.

While Lewis Hamilton focuses on his racing career and recent success in Barcelona, the family's broader financial interests remain active in high-value collectibles and luxury markets.