Sachin Tendulkars Ferrari 360 Modena becomes Pride of Surat City
Today there is a news in media that Sachin Tendulkar has sold off his red colored Ferrari 360 Modena that F1 legend Michael Schumacher presented him.
Sachin Tendulkar has sold off the Ferrari 360 Modena which once occupied pride of place in batting icon Sachin Tendulkar's fleet of premium cars to Surat's Jayesh Desai.
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," Desai said, but he however declined to reveal the price at which he purchased the car.
"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 car had become the centre of attraction for the tax controversy it got surrounded by in 2003 when it was reported that Sachin 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 Sachin from paying around Rs 1.13 crore (approximately $245,000) towards import duty for the vehicle, valued at Rs 75 lakh (approximately $162,600).
The car was gifted to him by FIAT, after Sachin equalled Don Bradman's record of 29 Test centuries in 2002. Michael Schumacher, who then drove for the Ferrari F1 team, presented him the keys on the eve of the British GP in July 2002.
Sachin Tendulkar has sold off the Ferrari 360 Modena which once occupied pride of place in batting icon Sachin Tendulkar's fleet of premium cars to Surat's Jayesh Desai.
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," Desai said, but he however declined to reveal the price at which he purchased the car.
"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 car had become the centre of attraction for the tax controversy it got surrounded by in 2003 when it was reported that Sachin 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 Sachin from paying around Rs 1.13 crore (approximately $245,000) towards import duty for the vehicle, valued at Rs 75 lakh (approximately $162,600).
The car was gifted to him by FIAT, after Sachin equalled Don Bradman's record of 29 Test centuries in 2002. Michael Schumacher, who then drove for the Ferrari F1 team, presented him the keys on the eve of the British GP in July 2002.
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