To hell with the credit crunch, Tata to sponsor Ferrari Formula one team
Tata owns the luxury brands of Jaguar and Land Rover as well as Nano. From luxury brands to the cheapest car on the planet Tata has it all. But there was something missing. No, not an airliner. That would be suicidal. The only thing missing was Tata’s name on Formula one car. That dream will be completed now.
Tata will be sponsoring Ferrari for Formula One. The details of the deal are not out yet, but who cares about the details. Let us rejoice this moment that an Indian car maker stamp will be present on a Formula One Ferrari car.
When everyone is finding it hard to raise money, Tata is not finding it hard at all. Did someone forgot to tell Tata that there is a recession going on around the world? I guess not. They know full well about what is happening and this presents them a great opportunity to make their presence felt across the globe.
Earlier, Honda pulled out of the Formula one because of the global economic outlook. Until now, people abroad know only 2 things about India. Gandhi and Bombay. I guess they will be expanding their IQ to include Tata too.
Did someone say 2008 is the best year for Tata? I forgot. That was me and this news reinforces that.
Ta-ta is welcome everywhere.
*Image source : ChrisMRichards via flickr.