Jayesh Desai, Chairman of Raj Hans group, said he purchased the car a fortnight ago. "I have bought the 360 Modena Ferrari car directly from Sachin Tendulkar with all legal documents," , but declined to reveal the price.
"It was my dream to drive a Ferrari and now my dream has come true," Desai, who has a passion for driving luxury cars, said.
The Ferrari, which was presented to Tendulkar by racing legend Michael Schumacher, will be the first racing car in his fleet of luxury vehicles, Desai said, adding that his latest acquisition was a prized possession as it was owned by the batting great..
The Ferrari had got mired in a controversy in 2003 after it was reported that Tendulkar had requested for a customs duty waiver despite getting it as a gift and not winning it as a prize in a tournament.
In August 2003, the finance ministry had exempted Tendulkar from paying around Rs 1.13 crore (approximately USD 245,000) towards import duty for the vehicle, valued at Rs 75 lakh (approximately USD 162,600).
The car was gifted to him by FIAT, which manufactures the premium Ferrari cars and endorsed by Tendulkar, after the Indian batting legend equalled Don Bradman''s tally of 29 Test centuries.
Ferrari''s Formula One driver Schumacher presented the car on behalf of the company to Tendulkar when the two met in 2002 at Silverstone, England.
