Ferrari

Ferrari S.p.A. is an Italian sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari in 1929 as Scuderia Ferrari, the company sponsored drivers and manufactured race cars before moving into production of street-legal vehicles in 1947 as Ferrari S.p.A.. Throughout its history, the company has been noted for its continued participation in racing, especially in Formula One, where it has enjoyed great success.

Enzo Ferrari never intended to produce road cars when he had formed Scuderia Ferrari (literally "Ferrari Stable", and usually used to mean "Team Ferrari", it is correctly pronounced "skoo deh REE ah") in 1929 as a sponsor for amateur drivers headquartered in Modena. Ferrari prepared and successfully raced various drivers in Alfa Romeo cars until 1938, when he was hired by Alfa Romeo to head their motor racing department.

Motorsport

For a complete list of Ferrari racing cars, see List of Ferrari competition cars.

Ferrari 312T2 Formula One car driven by Niki Lauda

Since the company's beginnings, Ferrari has been involved in motorsport, competing in a range of categories including Formula One and Sports car racing through its Scuderia Ferrari sporting division as well as supplying cars and engines to other teams.
The 1940 AAC 815 was the first racing car to be designed by Enzo Ferrari, although it was not badged as a Ferrari model. Currently, the Ferrari works team only compete in Formula One, and is the only team to have competed in the World Championship since its inception in 1950.

Sports car racing

A 312PB (driven by Jacky Ickx) during the team's final year in the World Sportscar Championship.

In 1949, Luigi Chinetti drove a 166 M to Ferrari's first win in motorsports, the 24 Hours of Le Mans. Ferrari went on to dominate the early years of the World Sportscar Championship which was created in 1953, winning the title seven out of its first nine years.
When the championship format changed in 1962, Ferrari earned titles in at least one class each year through to 1965 and then again in 1967.) Ferrari would win one final title, the 1972 World Championship of Makes before Enzo decided to leave sports car racing after 1973 and allow Scuderia Ferrari to concentrate solely on Formula One.
During Ferrari's seasons of the World Sportscars Championship, they also gained more wins at the 24 Hours of Le Mans, with the factory team earning their first in 1954. Another win would come in 1958, followed by five consecutive wins from 1960 to 1964. Luigi Chinetti's North American Racing Team (NART) would take Ferrari's final victory at Le Mans in 1965.
Although Scuderia Ferrari no longer participated in sports cars after 1973, they have occasionally built various successful sports cars for privateers. These include the BB 512 LM in the 1970s, the 333 SP which won the IMSA GT Championship in the 1990s, and currently the F430 GT2 and GT3 which are currently winning championships in their respective classes.

Type	Subsidiary
Founded	1947
Founder(s)	Enzo Ferrari
Headquarters	Maranello, Italy
Key people	Luca di Montezemolo, (Chairman) Piero Ferrari, (Vice-President) Amedeo Felisa, (CEO) Giancarlo Coppa , (CFO)
Industry	Automotive
Products	Sports cars
Revenue	▲ € 1,921 million (2008)[1]
Employees	2,926 (2007)[2]
Parent	Fiat S.p.A.
Website	Ferrariworld.com