The announcement has come days after Aldar Properties opened world's largest Ferrari merchandise store in Dubai this week.
Max Verstappen won the Spanish Grand Prix from pole position to stretch his Formula One championship lead to 53 points.
Sauber are to follow Ferrari and champions Red Bull out of the Formula One teams' association FOTA in a broadening rupture over cost-cutting measures in the sport.
Ferrari's new Formula One car is clearly quicker than last year's, Brazilian Rubens Barrichello said after driving the F2005 for the first time on Tuesday.
Kimi Raikkonen's return to the Italian Prancing Horse was immanent. And when it happened on Tuesday there was no surprise but questions rose over the place of Fernando Alonso at Ferrari.
World champions Ferrari will supply Formula One newcomers Red Bull Racing with engines for 2006 and 2007.
This is the car major's second coming in India.
The Brazilian lapped 0.151s quicker than team mate Michael Schumacher in free testing at the Italian Grand Prix.
"It's a fantastic team, they almost never make a mistake," said Frank Williams.
Ferrari are closer to Mercedes than results have suggested in this season's two races and look like posing a real challenge, according to Formula One world championship leader Nico Rosberg.
Ferrari will review their electronic pitstop light system after a human error cost Felipe Massa victory in Sunday's Singapore Grand Prix and dealt a severe blow to the Brazilian's championship hopes.
Formula One supremo Bernie Ecclestone has hit back at criticism from Ferrari president Luca di Montezemolo by detailing how much more money the Italian team receive from the sport than their rivals.
Fernando Alonso on Thursday refused to categorically rule out leaving current team Ferrari as soon as next season for either former outfit McLaren or reigning champions Red Bull.
Kimi Raikkonen's Ferrari had to stay in the pits for over three hours on Tuesday because of a problem with the Kinetic Energy Recovery System (KERS) during testing in Bahrain.
The Centre told the Delhi High Court that it would approach the Supreme Court for transfer of its various PILs.
Determined to do better in the next season, Force India on Friday formally snapped ties with Ferrari and is all set to ink a new deal with McLaren-Mercedes as its engine supplier for the 2009 season.
Lewis Hamilton dominated Sunday's Hungarian Grand Prix from pole position, with a bonus point for fastest lap, to take a five point lead over Bottas, the winner of the Austrian season-opener.
Michael Schumacher led the team to a one-two victory in the season-opening Australian Grand Prix.
The pitstop fire provided the main talking point at Austria after Schumacher had taken his third win in a row.
World champion Kimi Raikkonen will not be given preferential treatment over Brazilian team mate Felipe Massa this season, Ferrari's new team boss Stefano Domenicali said on Wednesday.
Ralf Schumacher eclipsed his older brother Michael in Friday's first qualifying at the German Grand Prix.\n\n
Formula One champions Mercedes can rack up their eighth successive victory on Sunday but even if they do, a winning streak must end for either Lewis Hamilton or Nico Rosberg in Bahrain. Rosberg is chasing his fifth win in a row after starting the season triumphantly in Australia to follow the three victories he racked up at the end of 2015. Hamilton, the triple world champion who finds himself behind his German team mate in the standings for the first time since 2014, is on for a hat-trick after winning in Bahrain for the past two years. The Briton is the favourite at a circuit that has yet to witness a Rosberg victory but Ferrari, who roared into the lead at the start in Melbourne with Sebastian Vettel followed by Kimi Raikkonen, also fancy their chances.
Four times world champion Sebastian Vettel is leaving Red Bull at the end of the season and is set to join Ferrari, the Formula One team said on Saturday.
Michael Schumacher may be still two races away from a record sixth F1 title, but according to his team's web site he has already won it.
Ferrari chief Jean Todt has defended the decision to report their Formula One rivals for using what they believe are illegal tyres and said they were just doing what any team would have done in the circumstances.
The 'Red Shark' looked impressive in Friday's practics for the Spanish Grand Prix.
Formula One championship leader Sebastian Vettel pumped in a stunning late lap to snatch pole position from team mate Kimi Raikkonen as Ferrari dominated Chinese Grand Prix qualifying on Saturday.
Ferrari chairman Luca Cordero di Montezemolo said on Wednesday he is confident his team would bounce back in Malaysia this weekend after making a terrible start to the season at the Australian Grand Prix. Neither of the Italian team's drivers completed last weekend's Grand Prix, although world champion Kimi Raikkonen picked up a point after Honda's Rubens Barrichello was disqualified from a race that only seven cars completed. McLaren's Lewis Hamilton won.
The famous prancing horse is set to gallop across India. The world's foremost supercar maker, Ferrari, will kick off an arduous tour of the country - spanning more than 10 states and 13,000 kilometres - on Monday.
Ferrari 365 GTB/4 "Daytona" is frequently considered one of the last truly great front-engined GT cars.
Toyota driver Jarno Trulli says he cannot see anyone taking the Formula One title off Ferrari this year.
Nico Rosberg invited Ferrari's Sebastian Vettel to attend Mercedes' Friday debrief at the Malaysian Grand Prix after a light-hearted exchange between the Formula One rivals last weekend.
Can Mercedes' seven-time world champion Lewis Hamilton add to his record tally of 103 victories?
World champion Michael Schumacher was only 15th fastest in free practice for the Spanish Grand Prix.\n\n
Tata said this in an interview to L'Espresso, an Italian media company. An excerpt from the interview quoted Tata as saying, "I have two passions in my life -- cars and aircraft. I have always dreamt of being able to be a fighter pilot and I confirm my desire to participate in the shareholding of Ferrari."
Formula One leaders McLaren have accused rivals Ferrari of running an illegal car at the start of the season and making 'grossly misleading' statements in a spy controversy overshadowing the championship.
Ferrari president Luca di Montezemolo praised McLaren driver Fernando Alonso after he lost his world title by just one point to the Italian team's Kimi Raikkonen.