July 3 (Bloomberg) -- Teenager Maria Sharapova beat defending champion Serena Williams in the Wimbledon women's tennis final to become the first Russian to claim a title at the All England club in London.

``It's just amazing,'' Sharapova told the British Broadcasting Corp. ``Serena, I'm sorry to have to take this from you for one year. I am sure there will be many more moments to come when we will be fighting it out for a trophy.''

The Siberian-born 17-year-old, who was seeded 13, posted a 6- 1, 6-4 victory. She is the second youngest champion since Martina Hingis took the title in 1997 aged 16.

It ends a five-year hold on the women's title by American players. Serena's sister Venus hoisted the winner's plate in 2000 and Lindsay Davenport did the same a year earlier. Serena, who had lost a Grand Slam final once before, in 2001 at the U.S. Open, won Wimbledon the past two years.

Maria Sharapova Wimbledon cont.

Russian tennis star Maria Sharapova is already splashing out after banking more than £500,000 for winning Wimbledon.

The 6ft beauty has pledged to spoil herself by buying a Porsche, and as a thank you to her parents Yuri and Yelena, they will both get a BMW each.

But splashing out her winnings on flash cars is unlikely to dent the fortune she is expected to earn over her career.

Sharapova is set to net millions of pounds in advertising after her Wimbledon win made her one of the most bankable stars of the sports world.

The 17-year-old star number one seed Serena Williams on Centre Court 6-1 6-4 on Saturday and become the first Russian to win the title.

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