Admin Name Snippet.Inc

Post By : 26/05/2025

Ferrari

  • Company Name: Ferrari S.p.A.
  • Founder: Enzo Ferrari
  • Founded: 1939 (as Auto Avio Costruzioni), first car branded as Ferrari in 1947
  • Headquarters: Maranello, Italy
  • Industry: Automotive (Luxury Sports Cars & Racing)
  • Parent Company (Past): Fiat S.p.A. (acquired 50% in 1969; majority control until 2016)
  • Current Ownership: Publicly traded (Ferrari N.V.) with Exor N.V. as the largest shareholder
  • Estimated Annual Revenue: Over €5 billion (as of 2023)
  • Overview: Ferrari is a world-renowned Italian manufacturer of luxury sports cars and racing vehicles. Founded by Enzo Ferrari, the company originally focused on building race cars before producing its first road car, the 125 S, in 1947. Ferrari quickly became a symbol of speed, prestige, and Italian design.
  • Known for its signature Prancing Horse logo and striking red cars (Rosso Corsa), Ferrari has produced legendary models like the F40, LaFerrari, Enzo, and the 488 GTB.
  • Formula One Legacy:Ferrari holds the record for the most constructors’ championships in Formula One history. Its F1 team, Scuderia Ferrari, has been competing since 1950 and is one of the most successful and iconic names in motorsport.
  • Ownership History: In 1969, Enzo Ferrari sold 50% of the company to Fiat to help meet growing demand. Over time, Fiat increased its stake, but in 2016, Ferrari was spun off into an independent public company. Today, it operates under Ferrari N.V., with the Agnelli family’s Exor N.V. as the largest shareholder.
    • Fun Facts &Legacy:
    • Ferrari limits production to maintain exclusivity (around 13,000 cars/year).
    • A 1962 Ferrari 250 GTO sold for over $70 million, one of the most expensive cars ever sold.
    • Ferrari’s brand is consistently ranked among the most powerful in the world, blending performance, elegance, and heritage.

    • Ferrari is not just a carmaker—it’s a global icon of excellence, innovation, and passion for speed.
    • Ferrari 250 GTO