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F1 News: 'Failed To Live Up To Its Obligations'

Monday, October 27, 2008 - 05:40 AM 

 


A property owner has rejected Lewis Hamilton's bid to buy a luxury beachside hotel development on the Caribbean island of his ancestry.

We reported recently that the McLaren driver's $35m deal was being probed, and was subsequently cleared, by the Grenada government.

But Issa Nicholas, the resort's owner, has issued a brief statement claiming the company negotiating on 23-year-old Hamilton's behalf "failed to live up to its obligations".

The statement, nor the Hamilton negotiating company Time Bourke, did not give further details.

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