Lady GaGa Song Inspired By Princess Diana?

Lady GaGa's controversial new song may have been inspired by Princess Diana, reports have claimed today.

The Sun newspaper reports that the track entitled Princess Die, which GaGa performed for the first time in Australia this week, might refer to the 1997 car crash that killed Diana and Dodi Fayed in Paris.

Lyrics include: "Princess Die, I wanna see you cry, and wish that I could go, in my rich boyfriend's limo.

"Right after he proposed, with a 16-carat stone wrapped in rose gold, with the paparazzi all swarming around."

Lady G also sings: "In my Louis Vuitton white button-down... So bob your head for another dead blonde."

GaGa has previously stated that she had been inspired by the Princess of Wales - according to The Sun, she said: "Diana was the most iconic martyr of fame. She died because of it."

In other Lady GaGa news, the Born This Way star has paid a record-breaking sum for a dress designed by the late Alexander McQueen at a charity auction in London.

The Associated Press reports that GaGa bid £136,400 for a 2008 ivory silk gown called The Girl Who Lived In The Tree.

The auction of fashion icon Daphne Guinness' haute couture collection raised $747,200 for the Isabella Blow Foundation, which was set up in memory of Mcqueen.