India, June 1 -- Indian billionaire Gautam Singhania met Prince Albert II of Monaco recently and shared a picture with the European royal on Instagram. Singhania, a motorsport enthusiast and car racer, had been in Monaco for the Grand Prix.

Besides serving as the chairman of Raymond Group, Gautam Singhania, 59, is also the founder of the Super Car Club and has participated in international racing events, including the Ferrari Challenge series. He was seen cheering for Kush Maini as Maini became the first Indian to win the Formula 2 Sprint Race at the Monaco Grand Prix.

On May 31, Gautam Singhania took to Instagram to share a photograph that shows him posing with Prince Albert II of Monaco. The two apparently met on the sidelines of the ...