Home » Lewis Hamilton and Leonardo DiCaprio’s vegan burger restaurant closes after incurring $10 million in losses.

Lewis Hamilton and Leonardo DiCaprio’s vegan burger restaurant closes after incurring $10 million in losses.

by Lena Garcia
Lewis Hamilton and Leonardo DiCaprio's vegan burger restaurant closes after incurring $10 million in losses.

Neat Burger, a vegan restaurant chain co-founded by prominent figures Lewis Hamilton and Leonardo DiCaprio, has officially ceased operations after six years in the competitive food industry. This plant-based dining establishment, known for its commitment to offering “100 percent plant-based meals,” faced significant financial challenges that ultimately led to its closure, as reported by various news outlets.

The financial distress for Neat Burger became evident in 2022 when the company recorded a staggering loss of £7.9 million (equivalent to over $10 million USD). This represented an increase in losses of £3.2 million compared to the previous year. As a response to these mounting financial pressures, Neat Burger made the difficult decision to shut down several locations, including multiple restaurants in London and a site in New York City. In a statement, the company expressed its intent to focus on its most successful locations, acknowledging that sometimes stepping back is essential for future growth.

By the year 2025, Neat Burger was left with only two operational stores in the UK, both of which were closed recently, as highlighted by The Sun. A spokesperson for Neat Burger confirmed the closure, stating, “We have no further comment at this time, other than to confirm that the business has taken the difficult decision to close its UK restaurants.” The closure of these locations has resulted in the loss of approximately 150 jobs, impacting many employees who were part of the brand’s vision for a healthier, more sustainable dining option.

Lewis Hamilton, a well-known advocate for veganism since 2017, has consistently promoted healthier food choices for consumers. His partnership in Neat Burger was rooted in a desire to provide delicious, plant-based alternatives to traditional fast food. Hamilton has previously stated, “I believe we need a healthier high street option that tastes amazing and offers something exciting to those who want to be meat-free every now and again.” His vision aimed to make plant-based eating accessible and appealing to a broader audience.

In contrast, Leonardo DiCaprio is known for his flexible vegetarian diet, which aligns with his commitment to environmental sustainability and reducing his carbon footprint. Both celebrities share a common goal of promoting healthier lifestyles and more eco-friendly food options through their ventures.

The closure of Neat Burger comes at an interesting time for Hamilton, who has had a challenging few weeks in the world of Formula 1 racing. After finishing in seventh place at the Saudi Arabian Grand Prix, he expressed frustration with his performance, indicating that he felt lost with his new car. His teammate, Charles Leclerc, had a significantly better outcome, finishing on the podium, which added to Hamilton’s disappointment. In a candid moment with reporters, he remarked, “There was not one second [I was comfortable during the race].”

Neat Burger’s journey reflects the volatility of the restaurant industry, particularly for concepts centered around plant-based diets. While the demand for vegan and vegetarian options has been on the rise, establishing a sustainable business model in this niche remains a formidable challenge. Many factors contribute to the success of a restaurant, including location, market competition, and consumer preferences.

Despite the struggles of Neat Burger, the plant-based movement continues to gain traction globally. More consumers are opting for vegan and vegetarian diets, driven by health concerns, ethical considerations regarding animal welfare, and environmental sustainability. This shift in consumer behavior indicates a growing opportunity for businesses that can adapt to these changing preferences, even if some brands face setbacks.

Hamilton’s commitment to veganism goes beyond his restaurant affiliation. He has been vocal about the importance of healthy eating and its impact on performance, both in racing and overall well-being. His lifestyle choices and advocacy work contribute to a larger dialogue about nutrition and health, particularly within the sports community.

As for DiCaprio, his involvement in Neat Burger showcased his philanthropic approach to food sustainability. He has long been an advocate for environmental issues, and his support for plant-based dining aligns with efforts to address climate change and promote sustainable agriculture.

The closure of Neat Burger may serve as a cautionary tale for future ventures in the plant-based restaurant space. Entrepreneurs looking to enter this market must navigate several challenges, such as securing funding, managing operational costs, and differentiating their offerings from competitors. Additionally, they must remain attuned to consumer trends and preferences, as the market can shift rapidly.

While Neat Burger has closed its doors, the conversation surrounding plant-based diets and sustainable eating continues to evolve. Many consumers are increasingly aware of their food choices’ impact on health and the environment, leading to a rise in alternative dining options. As the demand for vegan and vegetarian meals grows, the potential for innovative concepts remains strong.

In conclusion, the story of Neat Burger illustrates both the challenges and opportunities within the plant-based food sector. Despite its closure, the legacy of the brand will likely influence future initiatives focused on promoting healthier and more sustainable eating habits. With ongoing advocacy from public figures like Lewis Hamilton and Leonardo DiCaprio, the push for better food options remains a relevant and pressing issue in today’s society. As the market adapts and evolves, it will be interesting to see how new concepts emerge to meet the changing demands of consumers seeking delicious, plant-based alternatives.

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