Raymond MD and Billionaire Gautam Singhania takes his Ferrari 296 GTB for a spin on Mumbai roads [Video]

Gautam Singhania, the owner of Raymonds, is a fervent car enthusiast and boasts one of the most extravagant car collections worldwide. Recently, he added a Maserati MC20 to his assortment and was seen driving it. However, it is the car he acquired before the Maserati that has drawn attention in his garage. Singhania splurged on the Ferrari 296 GTB, worth Rs 6.5 crore, and was spotted taking it for a spin in Mumbai.

The video captures Gautam Singhania stepping into his new Ferrari, while his bodyguards ensure a clear path for the convoy. Onlookers eagerly record videos of Singhania’s prized possession.

We witness him driving the Ferrari on public roads, escorted by his bodyguards and a policeman in a Toyota Fortuner. The car’s engine roars loudly as he skillfully maneuvers the hybrid Ferrari.

The Ferrari 296 GTB is a masterpiece that seamlessly blends exquisite design, cutting-edge technology, and thrilling performance. True to its name, the “296” signifies the 2.9-liter V6 engine coupled with an electric motor, creating a potent hybrid setup. This revolutionary powertrain delivers an astounding 818 horsepower, making it the most powerful V6 engine ever produced by Ferrari. The 296 GTB accelerates from 0 to 100 km/h in a mere 2.9 seconds, providing an electrifying driving experience.

Inside the 296 GTB, a driver-focused environment blends 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. Inspired by Formula One, the steering wheel houses all essential controls, including the famous Manettino dial, which allows the driver to tailor the car’s performance to their preferences.

Gautam Singhania also owns Ferrari SF90

Singhania owns another masterpeice from Ferrari – the SF90. The Ferrari SF90 Stradale stands apart from the rest of the model line-up due to its innovative technology. It marks the first-ever Plug-in Hybrid Electric Vehicle (PHEV) in Ferrari’s repertoire. Under its hood, there’s a combination of three electric motors integrated into the internal combustion engine. While two of these motors are positioned on the front axle, the third one is situated at the rear, nestled between the engine and the gearbox.

Powering the SF90 Stradale is a 4.0-litre twin-turbo V8 engine sourced from the Ferrari 488 Pista, generating an impressive 769 Bhp and a peak torque of 800 Nm. The electric motors contribute an additional 217 Bhp to the mix. The SF90 Stradale boasts active aerodynamics, including a shut-off Gurney that can be adjusted according to the car’s requirements, optimizing downforce generation.

Equipped with a 7.9 kWh battery pack, the SF90 Stradale can travel up to 26 km on pure electric power, achieving a top speed of 134 km/h in electric mode alone. The powertrain efficiently transfers all this power to the rear wheels through an 8-speed dual-clutch automatic transmission. As per official figures, the Ferrari SF90 can sprint from 0 to 100 km/h in just 2.5 seconds and achieve an astonishing top speed of 341 km/h.

A true car enthusiast

Raymond MD and Billionaire Gautam Singhania takes his Ferrari 296 GTB for a spin on Mumbai roads [Video]

Gautam Singhania possesses an impressive car collection that spans across India, the UAE, and the UK. Being a globetrotter, he enjoys spending time at all three locations and occasionally takes his cars for drives in India. Among his remarkable collection, Singhania owns the race-spec Ferrari 458 Challenger, actively participating in numerous Ferrari tournaments. Alongside his fascination with sports cars, he also boasts several top-tier SUVs in his garage. Notably, he holds the distinction of being the sole Indian to possess both the McLaren 570S and the 720S models.

Shantonil Nag

Shantonil brings a refined blend of expertise and enthusiasm to motoring journalism at With a career spanning over 11 years, he anchors Cartoq's insightful car reviews and test drives. His journalistic journey began as a correspondent at, where he honed his skills in content writing and scripting car reviews. Later, as Senior Editor for, his expanded role included curating and structuring web content. At, his expanded role includes assisting the video team to create high-quality car reviews. (Full bio)