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Tata Interested in Ferrari Stake…

Posted on March 8th 2008

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tata-interested-in-ferrari-stake1.jpgRatan Tata may be interested in buying a stake in Fiat’s luxury sports car unit Ferrari.

Tata, who is leading in the auto market, was quoted by an Italian publication that he is interested in buying a stake in Ferrari.

I have two passions in my life: Cars and aircraft, I have always dreamed of being able to be a fighter pilot and I confirm the desire to participate in the shareholding of Ferrari.

- Tata told.

Luca di Montezemolo (both Fiat and Ferrari chairman) has invited me to look around in Italy because his country offers a lot of opportunities in the design and luxury sectors.

- He further added.

As Tatas prepared itself to buy Ford Motor’s brand JLR in next 2 weeks, it is ready to launch the Nano, the cheapest car.

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