Heikki Kovalainen is the latest Formula One driver to announce he is moving to Switzerland for tax reasons. He joins his McLaren teammate Lewis Hamilton.

The Finn will move to Coppet to make the most of financial allowances under the Swiss tax system, his lawyer told the Swiss news agency ATS.

Former world champions Michael Schumacher, Alain Prost, Fernando Alonso and Jacques Villeneuve, as well as world rally champion Sebastien Loeb, all live in the canton of Vaud.

Lewis Hamilton and former F1 driver Jean Alesi live in Geneva, while reigning world champion Kimi Raikkonen and Germany's Nick Heidfeld are both based in Zurich.