Tata may buy stake in Ferrari - Team-BHP

khanak · 7th March 2008, 22:24

Quote:

It's becoming increasingly apparent that India's largest automaker Tata cannot be stopped. On the verge of finalizing a deal to acquire Jaguar and Land Rover from Ford, Tata is now rumored to be interested in buying a stake in one of the most beloved performance marques of all time: Ferrari. We stress that this is a rumor, because it stems from a quote given by Tata's chief Ratan Tata to Italy's L'Espresso in which he reportedly said that he's always dreamt of being a fighter pilot (takeover of Bob Lutz?) and participating in the shareholding of Ferrari.

The reason this rumor has some legs is that Tata already has an established relationship with Ferrari's parent company Fiat. It's on the board of Fiat and has some engine supply deals with the Italian automaker. Fiat owns an 85% stake in Ferrari with an option to purchase an additional 5%. Could Tata, the maker of the world's least expensive auto, one day have a stake in the company that builds some of the world's most expensive and exotic autos? We wouldn't bet against Tata at this point.

Tata World Takeover Part XVXVXIIIXVX: Indian automaker may buy stake in Ferrari - Autoblog

Steeroid · 7th March 2008, 22:31

Highly optimistic imagination running on some very exotic weeds

speedzak · 7th March 2008, 22:32

Wow! That's good news! Hope this rumour comes true.

But, what really has bitten Tata?
Soon, will Tata acquire Fiat too and sort out it's problems? As it is connected with Ferrari, I see a distant possibility. :

iraghava · 7th March 2008, 22:54

Can someone tell me what exactly that reporter is smoking? Seems like some good ****!

ram_hyundai · 7th March 2008, 23:01

LOL,we were always taught to dream high so that we atain atleast 80

% of it.Anyways good for tata that they have dreamt of it so that they end up something close to it.
ram

iraghava · 7th March 2008, 23:02

Can someone tell me what exactly that reporter is smoking? Seems like some good ****!

speedzak · 7th March 2008, 23:12

Quote:

Originally Posted by iraghava

Can someone tell me what exactly that reporter is smoking? Seems like some good ****!

Yes. It is known as TFT. Tata Ferrari Thoughtopia. It is a special mix conceived mostly in the backseats of Italian cars and developed with care by Tata mechanics. It grows with the special help of last night's girl's spewed off Caviar and melted latex. It's very hard to get it down the throat and requires some good courage to do so.
But once down, it shows all the great heavens and rotten beaches, peaches etc... Last time I tried, it showed me a black hairy small kitten. It had eyes that could've taken my breath away. But, it just walked past me and I remained gasping and open mouthed.
Oh my god! What has happened to me?

Jokes apart, don't you guys feel it could've been good if it turns out to be true?

Steeroid · 7th March 2008, 23:16

Quote:

Originally Posted by speedzak

Last time I tried, it showed me a black hairy small kitten. It had eyes that could've taken my breath away. But, it just walked past me and I remained gasping and open mouthed.

I believe Ramakkalmedu is one of those places where they grow Magic Mushroom. I didnt realize this was harvest season.

dockap · 7th March 2008, 23:48

i think he can afford to buy 5% stake in ferrari

safari_lover · 8th March 2008, 00:01

This report looks like true. Even business standard has a report on it

Source: Ratan Tata eyes stake in Ferrari

khanak · 8th March 2008, 00:02

If Tata can pick up Landrover and Jaguar, Im sure they can pick up a small stake in Ferrari.

highwayblaze · 8th March 2008, 00:13

If you see the title for that in autoblog it says "tata's world takeover" ! Find that really funny

!
well if a chinese motorcycle manufacturer can buy an exotic motorcycle mfg'r like Benelli then I guess as long as they've got the cash i'm sure its possible.

Mayavi · 8th March 2008, 00:15

Quote:

Originally Posted by iraghava

Can someone tell me what exactly that reporter is smoking? Seems like some good ****!

Well, there were some rumours of TATA's interest in Ferrari back when Fiat tied up with Tata. Anyway, with TATA aquiring Jag and LR, it isn't unthinkable that they can aquire a stake in Ferrari. 5% in Ferrari wouldn't cost much if at all Ferrari is willing to sell.

Now the question is, why would TATA be interested in Ferrari when it already has Jaguar? I think the answer is in the question itself:
1. Fiat expressed interest in Jaguar's chasis to make a new sedan with Maser engines.
2. Ferrari owns Maseratti. Yes, organizational structure wise, Ferrari owns maser and Fiat owns stake in Ferrari.
3. Tata owns Jaguar.

So a TATA stake in Ferrari in exchange for a Fiat stake in Jaguar/LR will be an ideal recipe that can give birth to a new Jag-Maser sports sedan.

and if you want to be generous with your dreams, the next Nano you buy will have Ferrari technology in it

Karandeep81 · 8th March 2008, 02:11

wicked isnt it? so when is the 'lakhtakia' ferrari out?

Mpower · 8th March 2008, 02:45

Lets get one thing straight...the price of the car company has nothing to do with the price of the cars they sell.

A guy like Vijay Mallya can easily buy a company like Pagani cash down.

7th March 2008, 22:31	#2 (permalink)
Steeroid Distinguished - BHPian Join Date: Mar 2005 Location: DXB Posts: 5,288 View My Garage	Highly optimistic imagination running on some very exotic weeds __________________ Cheers Steer You miss 100% of the shots you never take

7th March 2008, 22:32	#3 (permalink)
speedzak Senior - BHPian Join Date: Mar 2006 Location: Ernakulam, Kochi. A.K.A Cochin. 1 day transit. Posts: 3,276 View My Garage	Wow! That's good news! Hope this rumour comes true. But, what really has bitten Tata? Soon, will Tata acquire Fiat too and sort out it's problems? As it is connected with Ferrari, I see a distant possibility. : __________________ She was born in 1956. She is going to be on the road once more on 08. 07. 08!

7th March 2008, 22:54	#4 (permalink)
iraghava Distinguished - BHPian Join Date: Oct 2005 Location: Bhaiyyaland Posts: 7,098 View My Garage	Can someone tell me what exactly that reporter is smoking? Seems like some good **! __________________ A good compromise leaves everyone mad.**

7th March 2008, 23:01	#5 (permalink)
ram_hyundai Senior - BHPian Join Date: Jun 2006 Location: trivandrum,alleppey Posts: 1,598 View My Garage	LOL,we were always taught to dream high so that we atain atleast 80 % of it.Anyways good for tata that they have dreamt of it so that they end up something close to it. ram __________________ *Become MAD SOON and join the MON SOON Drive.* *one more from me-* *hey MAN come SOON for the MONSOON drive*

7th March 2008, 23:02	#6 (permalink)
iraghava Distinguished - BHPian Join Date: Oct 2005 Location: Bhaiyyaland Posts: 7,098 View My Garage	Can someone tell me what exactly that reporter is smoking? Seems like some good **! __________________ A good compromise leaves everyone mad.**

7th March 2008, 23:48	#9 (permalink)
dockap BHPian Join Date: Jun 2007 Location: Mangalore-Manipal Posts: 236 View My Garage	i think he can afford to buy 5% stake in ferrari

8th March 2008, 00:01	#10 (permalink)
safari_lover BHPian Join Date: Feb 2007 Location: Bagdal/Kolkata Posts: 234	This report looks like true. Even business standard has a report on it Source: Ratan Tata eyes stake in Ferrari

8th March 2008, 00:02	#11 (permalink)
khanak Senior - BHPian Join Date: Mar 2005 Location: Mumbai/Toronto Posts: 2,394 View My Garage	If Tata can pick up Landrover and Jaguar, Im sure they can pick up a small stake in Ferrari. __________________ Adhish आधीश् ஆதிஷ் ادهش adhish.wordpress.com __________________

8th March 2008, 00:13	#12 (permalink)
highwayblaze BHPian Join Date: Feb 2004 Location: Chicago/Mumbai/Pune Posts: 753 View My Garage	If you see the title for that in autoblog it says "tata's world takeover" ! Find that really funny ! well if a chinese motorcycle manufacturer can buy an exotic motorcycle mfg'r like Benelli then I guess as long as they've got the cash i'm sure its possible. __________________ Chill Pill Blaze

8th March 2008, 02:11	#14 (permalink)
Karandeep81 BHPian Join Date: Apr 2007 Location: UK/Ahmedabad Posts: 177	wicked isnt it? so when is the 'lakhtakia' ferrari out?

8th March 2008, 02:45	#15 (permalink)
Mpower Team-BHP Moderator Join Date: Mar 2005 Location: Chicago/B'lore Posts: 3,592 View My Garage	Lets get one thing straight...the price of the car company has nothing to do with the price of the cars they sell. A guy like Vijay Mallya can easily buy a company like Pagani cash down. __________________ The difference between the men and the boys....................is the speed of their toys.

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