Tata to sponsor Ferrari F1 Team in the 2009 season

The Indian car company that owns Jaguar and Land Rover, Tata, has decided to pay for the Ferrari F1 team from next season. Ferrari chief Luca di Montezemolo said “For the first time an Indian brand will appear on a Ferrari.” There’s still no official info on how much funds the Indian firm will put in Ferrari. The Ferrari deal came from the Fiat board where Ratan Tata sits. Tata and Fiat have an existing joint undertaking that aims to manufacture diminutive, low-priced vehicles in India. The news comes as Jaguar and Land Rover, both owned by Tata, continues to influence the UK government for a £1 billion tax-payer aid.
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JUGNU - 12/18/2008 4:27:54 PM

+1 Boost

Isn't Tata sponsored Force India this year? Very surprising they decided not to contineou sponsoring their native team but i think it's a good move. Force india is just too much behind the leading teams.

JUGNU

supermoto - 12/19/2008 12:49:50 PM

+2 Boost

Funny how Tata is begging the British government for help with Land Rover and Jag, but they still have plenty of cash to sponsor an F1 team.

FerrarisR4me - 12/19/2008 6:54:11 PM

+1 Boost

Why are they scumbags? I doubt you can tell us one way they are scumbags. Funny how you would jump to a conclusion like that based on this paragraph. Is it becuase you are a racist? Or afraid of anything new?