Ferrari, the iconic Italian supercar brand, has long been a symbol of luxury, performance, and prestige. Owning a Ferrari is a dream for many, but only a few in India have turned that dream into reality. Ferrari’s exceptional engineering, cutting-edge design, and unmatched speed make it one of the most desirable supercar brands worldwide, and India’s billionaires, sports stars, and entrepreneurs are no exception to this allure.
In this article, we will take a look at some of the most notable Ferrari owners in India, the models they own, and what it takes to be a part of this exclusive club. With Ferrari models priced at ₹4 crore and above, owning one is not just about buying a car—it’s about owning a piece of automotive history.
Ferrari Models in India: The Ultimate Driving Machines
Before diving into the list of Ferrari owners, let’s explore the Ferrari models that have graced Indian roads. Ferrari offers several models in India, each designed for unmatched speed, performance, and luxury.
Ferrari 488 GTB
One of the most popular Ferraris in India, the Ferrari 488 GTB, is known for its sleek design and incredible performance. Powered by a 3.9-liter twin-turbocharged V8 engine, the 488 GTB produces 661 bhp, allowing it to accelerate from 0 to 100 km/h in just 3 seconds.
- Price in India: ₹4.88 crore (ex-showroom)
- Top Speed: 330 km/h
Ferrari Portofino
The Ferrari Portofino is a convertible grand tourer known for its elegant design and balanced performance. It is powered by a 3.9-liter V8 engine that delivers 591 bhp and offers a more comfortable, daily driving experience compared to Ferrari’s other hardcore supercars.
- Price in India: ₹3.5 crore (ex-showroom)
- Top Speed: 320 km/h
Ferrari SF90 Stradale
The Ferrari SF90 Stradale is a hybrid supercar, blending a 4.0-liter V8 engine with electric motors to produce a combined output of 986 bhp. This model represents Ferrari’s leap into the world of hybrid performance cars and is one of the most powerful Ferraris ever built.
- Price in India: ₹7.50 crore (ex-showroom)
- Top Speed: 340 km/h
Ferrari 812 Superfast
The Ferrari 812 Superfast is one of the most powerful front-engine Ferraris, featuring a 6.5-liter naturally aspirated V12 engine that churns out 789 bhp. The 812 Superfast lives up to its name with a 0 to 100 km/h time of just 2.9 seconds.
- Price in India: ₹5.20 crore (ex-showroom)
- Top Speed: 340 km/h
| Ferrari Model | Engine | Price in India (₹) | Top Speed |
| Ferrari 488 GTB | 3.9-liter twin-turbo V8 | ₹4.88 crore | 330 km/h |
| Ferrari Portofino | 3.9-liter V8 | ₹3.5 crore | 320 km/h |
| Ferrari SF90 Stradale | 4.0-liter V8 hybrid | ₹7.50 crore | 340 km/h |
| Ferrari 812 Superfast | 6.5-liter V12 | ₹5.20 crore | 340 km/h |
Notable Ferrari Owners in India
Given the high cost and exclusivity of Ferrari, only a few individuals in India own these masterpieces. Here are some of the most prominent Ferrari owners in India:
Gautam Singhania
Gautam Singhania, the chairman of Raymond Group, is a well-known name in India’s luxury car scene. He is a passionate car enthusiast and owns multiple Ferraris, including the Ferrari 458 Italia. Singhania is also an active participant in motorsport events and has taken his Ferraris to international racing circuits.
| Owner | Ferrari Model | Estimated Price (₹) |
| Gautam Singhania | Ferrari 458 Italia | ₹4 crore+ |
Mukesh Ambani
India’s richest man, Mukesh Ambani, has an impressive collection of luxury cars, including several Ferraris. His garage reportedly includes a Ferrari 812 Superfast, which is one of the most powerful front-engine Ferraris ever built. Ambani’s collection also includes other high-end brands like Bentley, Rolls Royce, and Lamborghini.
| Owner | Ferrari Model | Estimated Price (₹) |
| Mukesh Ambani | Ferrari 812 Superfast | ₹5.20 crore |
Ratan Tata
Ratan Tata, one of India’s most respected industrialists and former chairman of Tata Sons, is known for his refined taste in cars. His love for cars is evident in his collection, which includes the Ferrari California. The Ferrari California is a grand touring sports car with a 4.3-liter V8 engine, offering a perfect blend of performance and comfort.
| Owner | Ferrari Model | Estimated Price (₹) |
| Ratan Tata | Ferrari California | ₹3.5 crore |
Narain Karthikeyan
India’s first Formula 1 driver, Narain Karthikeyan, is no stranger to high-performance cars. Karthikeyan owns a Ferrari 488 GTB, which perfectly complements his love for speed and precision. The 488 GTB is one of Ferrari’s most famous mid-engine supercars, known for its blistering performance and cutting-edge technology.
| Owner | Ferrari Model | Estimated Price (₹) |
| Narain Karthikeyan | Ferrari 488 GTB | ₹4.88 crore |
Yuvraj Singh
Cricket superstar Yuvraj Singh is another notable Ferrari owner in India. He owns a Ferrari 458 Italia, a supercar known for its aggressive styling and exceptional performance. Yuvraj Singh’s love for cars is well-documented, and his Ferrari 458 Italia is often seen at car events and on social media.
| Owner | Ferrari Model | Estimated Price (₹) |
| Yuvraj Singh | Ferrari 458 Italia | ₹4 crore+ |
Why Ferrari Is So Coveted in India
Despite its high cost, Ferrari remains one of the most sought-after luxury car brands in India. Here are a few reasons why Ferrari is so coveted among Indian car enthusiasts:
Iconic Status and Heritage
Ferrari has a rich heritage dating back to 1947, and its association with motorsport, especially Formula 1, has made it one of the most recognizable brands in the world. Owning a Ferrari is like owning a piece of automotive history, and this heritage resonates deeply with car lovers in India.
Exclusivity and Prestige
Ferraris are limited-production cars, meaning very few units are sold globally, and even fewer make their way to India. This exclusivity makes Ferrari ownership a mark of prestige and wealth. For many, having a Ferrari in their garage is the ultimate status symbol.
Unmatched Performance
Ferraris are known for their cutting-edge technology, blistering speed, and unmatched driving dynamics. Whether it’s the thrill of accelerating from 0 to 100 km/h in under 3 seconds or the precision of cornering at high speeds, Ferraris offer an experience that few other cars can match.
Customization Options
Ferrari offers a range of customization options, allowing buyers to personalize their car to suit their taste. From the color of the exterior to the material used in the interiors, Ferrari owners can create a unique car that reflects their personality, making the ownership experience even more special.
Challenges of Owning a Ferrari in India
While owning a Ferrari in India is undoubtedly a dream come true, it also comes with its own set of challenges:
Import Duties and Taxes
India has one of the highest import duties on luxury cars, with taxes often exceeding 100% of the car’s value. This means that a Ferrari, which costs around ₹3 crore to ₹7 crore abroad, could end up costing double in India. This makes Ferrari ownership accessible only to the ultra-rich.
Maintenance and Servicing
Maintaining a Ferrari in India can be a challenge due to the lack of authorized service centers and the high cost of spare parts. Ferrari’s advanced technology and high-performance engines require regular maintenance by specialized technicians, adding to the cost of ownership.
Road Conditions
India’s road conditions pose another challenge for Ferrari owners. With low ground clearance and high-performance suspensions, Ferraris are designed for smooth, wide roads, making them less practical for India’s pothole-ridden and congested streets.
FAQs About Ferrari Ownership in India
How many Ferraris are there in India?
There are an estimated 60 to 80 Ferraris in India, owned by celebrities, industrialists, and business tycoons.
What is the price of a Ferrari in India?
Ferrari prices in India range from around ₹3.5 crore for the Ferrari Portofino to ₹7.5 crore for the Ferrari SF90 Stradale, depending on the model and customization.
Who is the first Indian to own a Ferrari?
One of the earliest known Ferrari owners in India was J.R.D. Tata, who owned a Ferrari in the mid-20th century, long before the brand became mainstream in the country.
How much does it cost to maintain a Ferrari in India?
Maintaining a Ferrari in India can cost several lakhs annually, depending on the model and usage. Maintenance includes servicing, replacement of parts, and insurance.
Can Ferraris be driven daily in India?
While Ferraris are designed for performance, they can be challenging to drive daily in India due to low ground clearance, high traffic, and poor road conditions. They are often used as weekend cars or for special occasions.
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Owning a Ferrari in India is more than just owning a car—it’s about joining an elite club of individuals who appreciate performance, luxury, and exclusivity. From industrialists like Mukesh Ambani to celebrities like Yuvraj Singh, India’s Ferrari owners share a passion for driving one of the most iconic supercars in the world. Despite the challenges of high taxes and road conditions, Ferrari continues to be a symbol of prestige and unmatched driving pleasure in India.