The film was released in India on 15 June 2012 and stars an ensemble cast of Sharman Joshi, Boman Irani, Ritvik Sahore, Vidya Balan, Paresh Rawal, Seema Bhargava Pahwa, Deepak Shirke, Aakash Dabhade, Vijay Nikam, Nilesh Diwekar and Bhalchandra Kadam.

Rustom Deboo (Sharman Joshi), also known as Rusy, is a lower-middle-class Parsi head clerk at the Worli Regional Transport Office in Mumbai.

The hopeless Behram, who is lamenting the tragedy that changed the game of his life, believes that Kayo just wastes his time in playing cricket and unsuccessfully warns Rusy against sending his son to London.

In an attempt to fulfill his son's dream, Rusy reluctantly performs his first act of dishonesty by somehow stealing the gleaming red Ferrari car owned by Sachin Tendulkar just for a couple of hours.

A wild, breathless, bumpy ride begins that leads to a menagerie of amazing characters: a marriage planner who will stop at nothing; a greedy politician and his reckless son; a Laurel-and-Hardyesque pair of loyal attendants; and a mechanic who specialises in stolen cars.

As the Ferrari zooms through this chaotic world of street thugs and collective marriages, another saga unfolds – Behram and his secret injuries and an epic rivalry that goes back 38 years.

Rajesh Mapuskar has worked as an associate director on films such as 3 Idiots (2009) and Lage Raho Munna Bhai (2006); in fact the idea of the film came to him during the post-production work of Lage Raho Munna Bhai, when for an advertising assignment he went out looking for expensive cars in Mumbai, he found them all except a Ferrari.

The lyrics are penned by Swanand Kirkire, Amitabh Bhattacharya, Guru Thakur and duo of Satyanshu & Devanshu Singh.

[5] Subhash K. Jha of IANS gave it 3 out 5 stars and said, "The dialogues in Ferrari Ki Sawaari lack the punch of Hirani's Munnabhai films but the heart is still in the right place.