Despite the fact that he suffered a setback in his run to win a home victory at the British Grand Prix, Britain’s Formula One race car driver Lewis Hamilton is proving to be a shrewd businessman.

In October 2007, he announced plans to relocate from England to Switzerland for more privacy, but the almost 95% tax break he would receive in the neutral country sounds like a bigger incentive.

The U.K.’s Telegraph reports Hamilton is in the midst of brokering a luxury hotel deal in his family’s hometown of Grenada, investing millions in an existing hotel with plans to buy up surrounding government-owned land.

Did we mention he also has lucrative endorsement deals with Reebok and Tag Heuer?

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