P1racenews AI automatic summary:
Lewis Hamilton has suffered a blow in the business world!
Neat Burger, a restaurant chain co-founded by seven-time champion Lewis Hamilton, has entered liquidation, despite being launched six years ago with a plant-based menu and receiving backing from Leonardo DiCaprio.
The business struggled financially in recent years, with reported losses reaching £7.9 million in 2022, prompting the closure of several UK locations and the New York facility.
Financial and operational challenges led to the decision to shut down all remaining restaurants early this year, with liquidation proceedings being finalized by FRP Advisory on July 22.
Interestingly, amid the closure news, Hamilton launched a new product from his non-alcoholic brand Almave, signaling a new chapter in his entrepreneurial journey.
