Lewis Hamilton has moved into pole position as Britain's highest-paid sportsman, according to The Times' latest Rich List.

Hamilton, who came second in the Formula One World Championship during his rookie season last year, has eclipsed England football star David Beckham as the best-paid sportsman in Britain.

The 23-year-old already has a £75 million basic salary heading his way as a result of his five-year deal with McLaren.

Beckham's Los Angeles Galaxy salary and commercial endorsements earn him in the region of £16 million a year.