Ratan Tata, the Indian businessman who’s been making lots of headlines lately, reportedly expressed an interest in buying a stake in exotic car maker Ferrari . Tata said Luca di Montezemolo, chairman of Fiat and Ferrari, has invited Tata to Italy, to explore the design and luxury sector opportunities.
Tata is no stranger to diversifying his portfolio, already in talks with Ford to buy its Jaguar and Ford divisions, due for an official announcement any time now. He also sits on Fiat’s board and has an alliance with Fiat in India as well as with the Benetton group and furniture maker Poltrona Fraum, according to Italy’s Finanza e Mercati daily. Fiat owns 85 percent of Ferrari, with an option to buy another 5 percent by the end of July.
“I have two passions in my life: cars and aircraft. I’ve always dreamed of being a fighter pilot and I confirm the desire to participate as a shareholder in Ferrari ,” Tata said in an interview in Italy’s L’Espresso weekly.
In another statement, Tata says the Ferrari chief piqued his curiosity, as Tata believes the two share a vision and make similar purchases, most likely not referring to everyday items.
