Raymond chairman Gautam Singhania buys a Ferrari 296 GTB supercar worth Rs. 6.37 crore

Gautam Singhania, the owner of the prestigious Raymond Group, is known not only for his business acumen but also for his unwavering love for supercars. With an unbridled passion for speed and luxury, Singhania has established himself as a connoisseur of automotive excellence. Recently, he added another gem to his impressive collection by acquiring the magnificent Ferrari 296 GTB. With its stunning design and powerful performance, the Ferrari 296 GTB perfectly complements Singhania’s discerning taste. The Ferrari 296 GTB is priced at Rs. 6.37 crore, on-road Mumbai.

Raymond chairman Gautam Singhania buys a Ferrari 296 GTB supercar worth Rs. 6.37 crore

The pictures of Gautam Singhania’s newest Ferrari 296 GTB have been shared on Instagram by Automobili Ardent India on their page. The caption stated, “Mumbai’s newest Ferrari 296GTB seen out on a Sunday run. Painted Bianco Avus, this one belongs to the ever-growing fleet of @gautamsinghania99.” The caption of the picture further revealed that this is not the only Ferrari 296 that Gautam Singhania owns. It stated that he also owns another Ferrari 296 GTB, which he keeps at his residence in London, United Kingdom.

The Ferrari 296 GTB is an exceptional creation that combines stunning design, cutting-edge technology, and exhilarating performance. As the name suggests, the “296” refers to the 2.9-liter V6 engine combined with an electric motor, resulting in a powerful hybrid setup. This revolutionary powertrain delivers an impressive 818 horsepower, making it the most potent V6 engine ever produced by Ferrari. With the ability to accelerate from 0 to 100 km/h in just 2.9 seconds, the 296 GTB offers an electrifying driving experience.

Raymond chairman Gautam Singhania buys a Ferrari 296 GTB supercar worth Rs. 6.37 crore

The design of the 296 GTB is extremely sleek, boasting an aerodynamic body that creates a harmonious balance between elegance and sportiness. On the inside, the 296 GTB offers a driver-focused environment, blending luxury with a sporty ambiance. The ergonomically designed cockpit envelops the driver, ensuring maximum control and comfort. High-quality materials and exquisite craftsmanship create a luxurious atmosphere, while advanced technology surrounds the driver. The steering wheel, inspired by Formula One, houses all the essential controls, including the famous Manettino dial, allowing the driver to tailor the car’s performance to their preferences.

Technological innovations abound in the 296 GTB. Ferrari’s first-ever plug-in hybrid (PHEV) system allows for silent electric-only driving, making it more environmentally friendly. The hybrid system seamlessly integrates the electric motor with the V6 engine, providing instantaneous power and torque whenever needed. Additionally, the car features advanced driver assistance systems, enhancing safety and providing a more engaging driving experience.

Raymond chairman Gautam Singhania buys a Ferrari 296 GTB supercar worth Rs. 6.37 crore


The Ferrari 296 GTB not only delivers exceptional performance but also provides excellent handling and agility. The chassis, built using state-of-the-art materials, ensures maximum rigidity and weight reduction. The incorporation of rear-wheel steering and advanced suspension systems further enhances the car’s dynamic capabilities, allowing for precise cornering and remarkable stability.

Gautam Singhania’s remarkable car collection includes other prestigious brands such as Ferrari, Lamborghini, Porsche, Aston Martin, Rolls-Royce, and more. Among his prized possessions are the Ferrari 296 GTB, Ferrari 488 Pista, Lamborghini Aventador SV, Porsche 911 GT3, Aston Martin DB11, Rolls-Royce Phantom, and Bentley Continental GT. Singhania’s collection represents a blend of high-performance sports cars, luxurious grand tourers, and rare classics. He also owns a fully custom-built Ford Mustang Mach-1.

Utkarsh Deshmukh

Utkarsh is a passionate car enthusiast and Feature Writer at for over two years. He specializes in writing up-to-date news stories and deep dives into the auto industry. With a knack for cutting through the noise, Utkarsh delivers clear and informative pieces that keep readers engaged and informed about the latest in cars. (Full bio)