The '360 Modena Ferrari', which once occupied pride of place in batting icon Sachin Tendulkar's fleet of premium cars, is now a prized possession of a Surat businessman.
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 declined to reveal the price.
"It was my dream to drive a Ferrari and now my dream has come true," said Desai, who has a passion for driving luxury cars.
The Ferrari, which was presented to Tendulkar by 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 from FIAT and not winning it as a prize in a tournament. In August 2003, the finance ministry exempted Tendulkar from paying Rs 1.13 crore towards import duty.