Mercedes' reigning world champion Lewis Hamilton has bought a limited edition Ferrari.PIERRE ANDRIEU/AFP/Getty Images/file
"LaFerrari" -- one of 499 in existence -- is a hybrid car that boasts a maximum speed in excess of 350 km/h (217 mph).CRISTINA QUICLER/AFP/Getty Images/file
Hamilton recently cruised to victory at the Australian Grand Prix beating his Mercedes teammate Nico Rosberg by 1.3 seconds and Ferrari's Sebastian Vettel by more than half a minute.Robert Cianflone/Getty Images
A LaFarrari, which costs in excess of the $1.5 million, was showcased in front of the New York Stock Exchange last October.JEWEL SAMAD/AFP/Getty Images/file