Ford must be pig-sick over the way in which everything Ratan Tata has done since he picked up Jaguar for a song has turned to gold.

The latest announcement of Tata’s deal with the Williams F1 squad over the development of the C-X75 project brings the dynamic Indian corporation ever closer to what seems an inevitable arrival in F1 in the not-too-far distant future.

With the first ever Indian GP scheduled to take place later this year and Narain Karthikeyan racing for the Hispania team at the present moment, small wonder that there is fevered speculation in the paddock at Istanbul Park this weekend over just which team Tata will become involved with.

It’s obviously down to a not-very-close call between Williams and Hispania – a bit like asking whether you would prefer to drive from London to Monte Carlo in a Ferrari 399 or a Reliant Robin, if you ask me.

Even in its currently hobbled state, Williams has the DNA that makes a top F1 team, credentials that have been forged by a heady cocktail of success, failure, disappointment and elation over more than four decades.

Only question is, would Frank Williams sell up?