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Ferrari S.p.A. (; ) is an Italian luxury sports car manufacturer based in Maranello,
Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical ...
. Founded by
Enzo Ferrari Enzo Anselmo Giuseppe Maria Ferrari (; 20 February 1898 – 14 August 1988) was an Italian motor racing driver and entrepreneur, the founder of the Scuderia Ferrari Grand Prix motor racing team, and subsequently of the Ferrari automob ...
(1898–1988) in 1939 from the
Alfa Romeo Alfa Romeo Automobiles S.p.A. () is an Italian luxury car manufacturer and a subsidiary of Stellantis. The company was founded on 24 June 1910, in Milan, Italy. "Alfa" is an acronym of its founding name, "Anonima Lombarda Fabbrica Automobili." ...
racing division as ''Auto Avio Costruzioni'', the company built its first car in 1940, and produced its first Ferrari-badged car in 1947.
Fiat S.p.A. Fiat S.p.A., or ''Fabbrica Italiana Automobili Torino'' (Italian Automobile Factory of Turin), was an Italian holding company whose original and core activities were in the automotive industry, and that was succeeded by Fiat Chrysler Automobi ...
acquired 50% of Ferrari in 1969 and expanded its stake to 90% in 1988. In October 2014,
Fiat Chrysler Automobiles Fiat Chrysler Automobiles N.V. (FCA) was an Italian-American multinational corporation primarily known as a manufacturer of automobiles, commercial vehicles, auto parts and production systems. The Italian holding company Exor was the largest s ...
(FCA) announced its intentions to separate Ferrari S.p.A. from FCA; as of the announcement FCA owned 90% of Ferrari. The separation began in October 2015 with a restructuring that established Ferrari N.V. (a company incorporated in the
Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...
) as the new
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
of the Ferrari S.p.A. group, and the subsequent sale by FCA of 10% of the shares in an IPO and concurrent listing of common shares on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
. Through the remaining steps of the separation, FCA's interest in Ferrari's business was distributed to shareholders of FCA, with 10% continuing to be owned by Piero Ferrari. The
spin-off Spin-off may refer to: *Spin-off (media), a media work derived from an existing work *Corporate spin-off, a type of corporate action that forms a new company or entity * Government spin-off, civilian goods which are the result of military or gove ...
was completed on the 3rd of January 2016. Throughout its history, the company has been noted for its continued participation in
racing In sport, racing is a competition of speed, in which competitors try to complete a given task in the shortest amount of time. Typically this involves traversing some distance, but it can be any other task involving speed to reach a specific go ...
, especially in
Formula One Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship ...
, where it is the oldest and most successful racing team, holding the most constructors' championships (16) and having produced the highest number of drivers' championship wins (15). Ferrari road cars are generally seen as a symbol of speed, luxury and wealth. Ferrari cars are built at the 165,000 square-metre (16.5-hectare) Maranello factory. In 2014 Ferrari was rated the world's most powerful brand by Brand Finance. As of 2021, Ferrari is the 10th-largest car manufacturer by market capitalisation, with $52.21 billion.


History

Enzo Ferrari was not initially interested in the idea of producing road cars when he formed Scuderia Ferrari in 1929, with headquarters in
Modena Modena (, , ; egl, label=Emilian language#Dialects, Modenese, Mòdna ; ett, Mutna; la, Mutina) is a city and ''comune'' (municipality) on the south side of the Po Valley, in the Province of Modena in the Emilia-Romagna region of northern I ...
. Scuderia Ferrari (pronounced ) literally means "Ferrari Stable" and is usually used to mean "Team Ferrari." Ferrari bought, prepared, and fielded
Alfa Romeo Alfa Romeo Automobiles S.p.A. () is an Italian luxury car manufacturer and a subsidiary of Stellantis. The company was founded on 24 June 1910, in Milan, Italy. "Alfa" is an acronym of its founding name, "Anonima Lombarda Fabbrica Automobili." ...
racing cars for gentleman drivers, functioning as the racing division of Alfa Romeo. In 1933, Alfa Romeo withdrew its in-house racing team and Scuderia Ferrari took over as its
works team A works team (sometimes factory team, company team) is a sports team that is financed and run by a manufacturer or other business. Sometimes, works teams contain or are entirely made up of employees of the supporting company. Association footb ...
: the ''Scuderia'' received Alfa's Grand Prix cars of the latest specifications and fielded many famous drivers such as Tazio Nuvolari and Achille Varzi. In 1938, Alfa Romeo again brought its racing operation in-house, forming '' Alfa Corse'' in
Milan Milan ( , , Lombard language, Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the List of cities in Italy, second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4  ...
and hired Enzo Ferrari as manager of the new racing department; thereby disbanding the Scuderia Ferrari. In September 1939, Ferrari left Alfa Romeo under the provision he would not use the Ferrari name in association with races or racing cars for at least four years. A few days later he founded ''Auto Avio Costruzioni'', with headquarters in the facilities of the old ''Scuderia Ferrari''. The new company ostensibly produced machine tools and aircraft accessories. In 1940, Ferrari produced a racing car – the Tipo 815, based on a Fiat platform. It was the first Ferrari car and debuted at the 1940
Mille Miglia The Mille Miglia (, ''Thousand Miles'') was an open-road, motorsport endurance race established in 1927 by the young Counts Francesco Mazzotti and Aymo Maggi, which took place in Italy twenty-four times from 1927 to 1957 (thirteen before Worl ...
, but due to
World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...
it saw little competition. In 1943, the Ferrari factory moved to Maranello, where it has remained ever since. The factory was bombed by the Allies and subsequently rebuilt including works for road car production. The first Ferrari-badged car was the 1947 125 S, powered by a 1.5 L
V12 engine A V12 engine is a twelve- cylinder piston engine where two banks of six cylinders are arranged in a V configuration around a common crankshaft. V12 engines are more common than V10 engines. However, they are less common than V8 engines. The ...
; Enzo Ferrari reluctantly built and sold his automobiles to fund Scuderia Ferrari. The ''Scuderia Ferrari'' name was resurrected to denote the factory racing cars and distinguish them from those fielded by customer teams. In 1960, the company was restructured as a public corporation under the name SEFAC S.p.A. (Società Esercizio Fabbriche Automobili e Corse). Early in 1969, Fiat took a 50% stake in Ferrari. An immediate result was an increase in available investment funds, and work started at once on a factory extension intended to transfer production from Fiat's Turin plant of the Ferrari-engined Fiat Dino. New model investment further up in the Ferrari range also received a boost. In 1988, Enzo Ferrari oversaw the launch of the Ferrari F40, the last new Ferrari launched before his death later that year. In 1989, the company was renamed Ferrari S.p.A. From 2002 to 2004, Ferrari produced the Enzo, their fastest model at the time, which was introduced and named in honour of the company's founder, Enzo Ferrari. It was to be called the F60, continuing on from the F40 and F50, but Ferrari was so pleased with it, they called it the Enzo instead. It was initially offered to loyal and recurring customers, each of the 399 made (minus the 400th which was donated to the Vatican for charity) had a price tag of $650,000 apiece (equivalent to £400,900). On 15 September 2012, 964 Ferrari cars worth over $162 million (£99.95 million) attended the Ferrari Driving Days event at Silverstone Circuit and paraded round the Silverstone Circuit setting a world record. Ferrari's former CEO and Chairman, Luca di Montezemolo, resigned from the company after 23 years, who was succeeded by Amedeo Felisa and finally on 3 May 2016 Amedeo resigned and was succeeded by Sergio Marchionne, CEO and Chairman of
Fiat Chrysler Automobiles Fiat Chrysler Automobiles N.V. (FCA) was an Italian-American multinational corporation primarily known as a manufacturer of automobiles, commercial vehicles, auto parts and production systems. The Italian holding company Exor was the largest s ...
, Ferrari's parent company. In July 2018, Marchionne was replaced by board member Louis Camilleri as CEO and by John Elkann as chairman. On 29 October 2014, the FCA group, resulting from the merger between manufacturers Fiat and Chrysler, announced the split of its luxury brand, Ferrari. The aim was to turn Ferrari into an independent brand, 10% of whose stake would be sold in an IPO in 2015. Ferrari officially priced its initial public offering at $52 a share after the market close on 20 October 2015. On 10 December 2020, CEO Louis Camilleri announced that he will step down as CEO and chairman John Elkann will step in to the Interim CEO role until a permanent successor is selected. On 9 June 2021, the company announced the appointment of
Benedetto Vigna Benedetto Vigna (born 10 April 1969 in Potenza) is an Italian physicist and businessman. He is also the chief executive officer of Ferrari. Career Born in Potenza, Basilicata, he grew up in the neighboring municipality of Pietrapertosa. Gradua ...
from Geneva-based
STMicroelectronics STMicroelectronics N.V. commonly referred as ST or STMicro is a Dutch multinational corporation and technology company of French-Italian origin headquartered in Plan-les-Ouates near Geneva, Switzerland and listed on the French stock market. ST ...
as its next CEO starting September.


Motorsport

Since the company's beginnings, Ferrari has been involved in motorsport, competing in a range of categories including
Formula One Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship ...
and
sports car racing Sports car racing is a form of motorsport road racing which utilises sports cars that have two seats and enclosed wheels. They may be purpose-built prototypes or grand tourers based on road-going models. Broadly speaking, sports car racing i ...
through its Scuderia Ferrari sporting division as well as supplying cars and engines to other teams and for one-make race series. 1940 AAC 815 was the first racing car to be designed by Enzo Ferrari, although it was not badged as a Ferrari model.


Scuderia Ferrari

''Scuderia'' Ferrari has participated in several classes of motorsport, though it is currently only officially involved in Formula One. It is the only team to have competed in the Formula One World Championship continuously since its inception in 1950. José Froilán González gave the team its first F1 victory at the 1951 British Grand Prix. Alberto Ascari gave Ferrari its first Drivers Championship a year later. Ferrari is the oldest team in the championship, and the most successful: the team holds nearly every Formula One record. , the team's records include 15 World Drivers Championship titles, 16 World Constructors Championship titles, 221 Grand Prix victories, 6736.27 points, 679 podium finishes, 207 pole positions, and 230 fastest laps in 890 Grands Prix contested. Of the 19 tracks used in
2014 File:2014 Events Collage.png, From top left, clockwise: Stocking up supplies and personal protective equipment (PPE) for the Western African Ebola virus epidemic; Citizens examining the ruins after the Chibok schoolgirls kidnapping; Bundles of wat ...
, 8 have lap records set by the F2004, with a further 3 set by the F2003-GA, F2008 and F10. Ferrari drivers include: Tazio Nuvolari, José Froilán González, Juan Manuel Fangio, Alberto Ascari, Luigi Chinetti, Eugenio Castellotti, Maurice Trintignant, Wolfgang von Trips, Phil Hill, Olivier Gendebien, Mike Hawthorn, Peter Collins, Giancarlo Baghetti, Ricardo Rodríguez, Chris Amon,
John Surtees John Surtees, (11 February 1934 – 10 March 2017) was a British Grand Prix motorcycle road racer and Formula One driver. On his way to become a seven-time Grand Prix motorcycle World Champion, he won his first title in 1956, and followed with ...
,
Lorenzo Bandini Lorenzo Bandini (21 December 193510 May 1967) was an Italian motor racing driver who raced in Formula One for the Scuderia Centro Sud and Ferrari teams. Career Bandini was born in Barce in Cyrenaica, Libya,"Hulme Takes Monaco Race; Bandini ...
, Ludovico Scarfiotti, Jacky Ickx,
Mario Andretti Mario Gabriele Andretti (born February 28, 1940) is an Italian-born American former racing driver. One of the most successful drivers in the history of motorsports, Andretti is one of only two drivers to have won races in Formula One, IndyCar, ...
, Clay Regazzoni, Niki Lauda, Carlos Reutemann,
Jody Scheckter Jody David Scheckter (born 29 January 1950) is a South African business proprietor and former motor racing driver. He competed in Formula One from 1972 to 1980, winning the Drivers' Championship in with Ferrari. Scheckter remains the only Af ...
, Gilles Villeneuve, Didier Pironi, Patrick Tambay, René Arnoux, Michele Alboreto,
Gerhard Berger Gerhard Berger (born 27 August 1959) is an Austrian former Formula One racing driver. He competed in Formula One for 14 seasons, twice finishing 3rd overall in the championship ( and ), both times driving for Ferrari. He won ten Grands Prix, a ...
, Nigel Mansell,
Alain Prost Alain Marie Pascal Prost (; born 24 February 1955) is a French retired racing driver and Formula One Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing ...
,
Jean Alesi Jean Alesi (born Giovanni Alesi, 11 June 1964) is a French professional racing driver of Italian origin. After successes in minor categories, notably winning the 1989 Formula 3000 Championship, his Formula One career included spells at Tyrrell ...
, Michael Schumacher,
Eddie Irvine Edmund Irvine Jr. (; born 10 November 1965) is a former racing driver from Northern Ireland. He competed in Formula One between 1993 and 2002, and finished runner-up in the 1999 World Drivers' Championship, driving for Scuderia Ferrari. He ...
, Rubens Barrichello,
Felipe Massa Felipe Massa (, born 25 April 1981) is a Brazilian racing driver. He competed in 15 seasons of Formula One between 2002 and 2017, where he scored 11 Grand Prix victories, 41 podiums and finished as championship runner-up in 2008 by one poi ...
,
Kimi Räikkönen Kimi-Matias Räikkönen (; born 17 October 1979), nicknamed "The Iceman", is a Finnish racing driver who competed in Formula One between 2001 and 2021 for Sauber, McLaren, Ferrari, Lotus, and Alfa Romeo. Räikkönen won the 2007 Formula One W ...
,
Fernando Alonso Fernando Alonso Díaz (; born 29 July 1981) is a Spanish racing driver currently competing for Alpine in Formula One. He won the series' World Drivers' Championship in and with Renault, and has also driven for McLaren, Ferrari, and M ...
, Sebastian Vettel, Charles Leclerc and Carlos Sainz Jr. At the end of the 2006 season, the team courted controversy by continuing to allow Marlboro to sponsor them after they, along with the other F1 teams, made a promise to end sponsorship deals with tobacco manufacturers. A five-year deal was agreed and although this was not due to end until 2011, in April 2008 Marlboro dropped their on-car branding on Ferrari. In addition to Formula One, Ferrari also entered cars in sportscar racing, the two programs existing in parallel for many years. In 1949, Luigi Chinetti drove a 166 M to Ferrari's first win in
motorsports Motorsport, motorsports or motor sport is a global term used to encompass the group of competitive sporting events which primarily involve the use of motorized vehicles. The terminology can also be used to describe forms of competition of tw ...
, the
24 Hours of Le Mans The 24 Hours of Le Mans (french: link=no, 24 Heures du Mans) is an endurance-focused sports car race held annually near the town of Le Mans, France. It is the world's oldest active endurance racing event. Unlike fixed-distance races whose w ...
. Ferrari went on to dominate the early years of the
World Sportscar Championship The World Sportscar Championship was the world series run for sports car racing by the FIA from 1953 to 1992. The championship evolved from a small collection of the most important sportscar, endurance, and road racing events in Europe and ...
which was created in 1953, winning the title seven out of its first nine years. When the championship format changed in
1962 Events January * January 1 – Western Samoa becomes independent from New Zealand. * January 3 – Pope John XXIII excommunicates Fidel Castro for preaching communism. * January 8 – Harmelen train disaster: 93 die in the wo ...
, Ferrari earned titles in at least one class each year through to
1965 Events January–February * January 14 – The Prime Minister of Northern Ireland and the Taoiseach of the Republic of Ireland meet for the first time in 43 years. * January 20 ** Lyndon B. Johnson is Second inauguration of Lyndo ...
and then again in
1967 Events January * January 1 – Canada begins a year-long celebration of the 100th anniversary of Canadian Confederation, Confederation, featuring the Expo 67 World's Fair. * January 5 ** Spain and Romania sign an agreement in Paris, establ ...
. Ferrari would win one final title, the 1972 World Championship of Makes before Enzo decided to leave
sports car A sports car is a car designed with an emphasis on dynamic performance, such as handling, acceleration, top speed, the thrill of driving and racing capability. Sports cars originated in Europe in the early 1900s and are currently produced by ...
racing after 1973 and allow Scuderia Ferrari to concentrate solely on
Formula One Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship ...
. During Ferrari's seasons of the World Sportscars Championship, they also gained more wins at the
24 Hours of Le Mans The 24 Hours of Le Mans (french: link=no, 24 Heures du Mans) is an endurance-focused sports car race held annually near the town of Le Mans, France. It is the world's oldest active endurance racing event. Unlike fixed-distance races whose w ...
, with the factory team earning their first in . Another win would come in , followed by five consecutive wins from to . Luigi Chinetti's North American Racing Team (NART) would take Ferrari's final victory at Le Mans in . Although Scuderia Ferrari no longer participated in sports cars after 1973, they have occasionally built various successful sports cars for privateers. These include the 512 BB LM in the 1970s, the 333 SP which won the IMSA GT Championship in the 1990s, and currently the 458 GT2 and GT3 which are currently winning championships in their respective classes.


Competizioni GT official drivers


Race cars for other teams

Throughout its history, Ferrari has supplied racing cars to other entrants, aside from its own works Scuderia Ferrari team. In the 1950s and '60s, Ferrari supplied Formula One cars to a number of private entrants and other teams. One famous example was Tony Vandervell's team, which raced the Thinwall Special modified Ferraris before building their own Vanwall cars. The North American Racing Team's entries in the final three rounds of the 1969 season were the last occasions on which a team other than Scuderia Ferrari entered a World Championship Grand Prix with a Ferrari car. Ferrari supplied cars complete with V8 engines for the A1 Grand Prix series, from the 2008–09 season. The car was designed by Rory Byrne and is styled to resemble the 2004 Ferrari Formula one car. Ferrari currently runs a customer GT program for a racing version of its 458 and has done so for the 458's predecessors, dating back to the 355 in the late 1990s. Such private teams as the American Risi Competizione and Italian AF Corse teams have been very successful with Ferrari GT racers over the years. This car, made for endurance sportscar racing to compete against such racing versions of the Audi R8, McLaren MP4-12C, and BMW Z4 (E89) has proven to be successful, but not as successful as its predecessor, the F430. The Ferrari Challenge is a one-make racing series for the Ferrari 458. The FXX is not road legal and is therefore only used for track events.


Road cars

The first vehicle made with the Ferrari name was the 125 S. Only two of this small two-seat sports/racing V12 car were made. In 1949, the 166 Inter was introduced marking the company's significant move into the grand touring road car market. The first 166 Inter was a four-seat (2+2) berlinetta coupe with body work designed by Carrozzeria Touring Superleggera. Road cars quickly became the bulk of Ferrari sales. The early Ferrari cars typically featured bodywork designed and customised by independent
coachbuilder A coachbuilder or body-maker is someone who manufactures bodies for passenger-carrying vehicles.Construction has always been a skilled trade requiring a relatively lightweight product with sufficient strength. The manufacture of necessarily ...
s such as
Pininfarina Pininfarina S.p.A. (short for Carrozzeria Pininfarina) is an Italian car design firm and coachbuilder, with headquarters in Cambiano, Turin, Italy. The company was founded by Battista "Pinin" Farina in 1930. On 14 December 2015, the Indian ...
, Scaglietti,
Zagato Zagato is an independent Coachbuilder, coachbuilding company and total design centre located northwest of Milan in Terrazzano, a small village near Rho, Lombardy, Italy. The company's premises occupies an area of 23,000 square metres (250,000 sq ...
, Vignale and Bertone. The original road cars were typically two-seat front-engined V12s. This platform served Ferrari very well through the 1950s and 1960s. In 1968 the
Dino Dino may refer to: Prefix * dino-, a common prefix in taxonomy, meaning "terrible", "formidable" **Dinosaur People * Dino (given name), a masculine given name and a nickname * Dino (surname), a surname found in Albania and Turkey * Diño, a surn ...
was introduced as the first two-seat rear mid-engined Ferrari. The Dino was produced primarily with a V6 engine, however, a V8 model was also developed. This rear mid-engine layout would go on to be used in many Ferraris of the 1980s, 1990s and to the present day. Current road cars typically use V8 or V12 engines, with V8 models making up well over half of the marque's total production. Historically, Ferrari has also produced
flat 12 A flat-twelve engine, also known as a horizontally opposed-twelve, is a twelve-cylinder piston engine with six cylinders on each side of a central crankshaft. Flat-twelve engines are less common than V12 engines, but they have been used in vario ...
engines. For a time, Ferrari built 2+2 versions of its mid-engined V8 cars. Although they looked quite different from their 2-seat counterparts, both the GT4 and Mondial were closely related to the 308 GTB. Ferrari entered the mid-engined 12-cylinder fray with the Berlinetta Boxer in 1973. The later Testarossa (also mid-engined 12 cylinders) remains one of the most popular and famous Ferrari road cars of all time. The company has also produced several front-engined 2+2 cars, culminating in the recent V12 model Lusso and V8 models
Roma Roma or ROMA may refer to: Places Australia * Roma, Queensland, a town ** Roma Airport ** Roma Courthouse ** Electoral district of Roma, defunct ** Town of Roma, defunct town, now part of the Maranoa Regional Council * Roma Street, Brisbane, a ...
,
Portofino Portofino (; ) is a ''comune'' located in the Metropolitan City of Genoa on the Italian Riviera. The town is clustered around its small harbour, and is known for the colourfully painted buildings that line the shore. Since the late 19th centur ...
and Lusso T. The
California California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the ...
is credited with initiating the popular current model line of V8 front-engined 2+2 grand touring performance sports cars. Starting in the early 2010s with the LaFerrari, the focus was shifted away from the use of independent coach builders to what is now the standard, Ferrari relying on in-house design from the Centro Stile Ferrari for the design of all its road cars.


Current models


Customization

In the 1950s and 1960s, clients often personalized their vehicles as they came straight from the factory. This philosophy added to the mystique of the brand. Every Ferrari that comes out of Maranello is built to an individual customer's specification. In this sense, each vehicle is a unique result of a specific client's desire. Ferrari formalized this concept with its earlier Carrozzeria Scaglietti programme. The options offered here were more typical such as racing seats, rearview cameras, and other special trim. In late 2011, Ferrari announced a significant update of this philosophy. The Tailor Made programme allows clients to work with designers in Maranello to make decisions at every step of the process. Through this program almost any trim, any exterior color or any interior material is possible. The program carries on the original tradition and emphasizes the idea of each car being unique.


Supercars

The 1984
288 GTO The Ferrari GTO (often referred to as Ferrari 288 GTO) (Type F114) is an exotic Homologation (motorsport), homologation of the Ferrari 308 GTB produced from 1984 to 1987 in Ferrari's Maranello factory, designated GT for Grand tourer, Gran Turismo ...
may be considered the first in the line of Ferrari supercars. This pedigree extends through the
Enzo Ferrari Enzo Anselmo Giuseppe Maria Ferrari (; 20 February 1898 – 14 August 1988) was an Italian motor racing driver and entrepreneur, the founder of the Scuderia Ferrari Grand Prix motor racing team, and subsequently of the Ferrari automob ...
to the LaFerrari. In February 2019, at the 89th Geneva International Motor Show, Ferrari revealed its latest mid-engine V8 supercar, the F8 Tributo. Ferrari SF90 Stradale is the first-ever Ferrari to feature PHEV (Plug-in Hybrid Electric Vehicle) architecture which sees the internal combustion engine integrated with three electric motors, two of which are independent and located on the front axle, with the third at the rear between the engine and the gearbox.


Concept cars and specials

Ferrari has produced a number of
concept car A concept car (also known as a concept vehicle, show vehicle or prototype) is a car made to showcase new styling and/or new technology. They are often exhibited at motor shows to gauge customer reaction to new and radical designs which may or ...
s, such as the Mythos. While some of these were quite radical (such as the
Modulo In computing, the modulo operation returns the remainder or signed remainder of a division, after one number is divided by another (called the '' modulus'' of the operation). Given two positive numbers and , modulo (often abbreviated as ) is t ...
) and never intended for production, others such as the Mythos have shown styling elements that were later incorporated into production models. The most recent concept car to be produced by Ferrari themselves was the 2010 Millechili. A number of one-off special versions of Ferrari road cars have also been produced, commissioned to
coachbuilder A coachbuilder or body-maker is someone who manufactures bodies for passenger-carrying vehicles.Construction has always been a skilled trade requiring a relatively lightweight product with sufficient strength. The manufacture of necessarily ...
s by wealthy owners. Recent examples include the P4/5 and the 612 Kappa.


Ferrari Special Projects

The Special Projects programme, also called the Portfolio Coachbuilding Programme, was launched in 2008 as a way to revive the tradition of past one-off and limited production coachbuilt Ferrari models, allowing clients to work with Ferrari and top Italian coachbuilders to create bespoke bodied models based on modern Ferrari road cars. Engineering and design is done by Ferrari, sometimes in cooperation with external design houses like
Pininfarina Pininfarina S.p.A. (short for Carrozzeria Pininfarina) is an Italian car design firm and coachbuilder, with headquarters in Cambiano, Turin, Italy. The company was founded by Battista "Pinin" Farina in 1930. On 14 December 2015, the Indian ...
or Fioravanti, and the vehicles receive full homologation to be road legal. Since the creation of Ferrari's in-house styling centre in 2010 though, the focus has shifted away somewhat from outside coachbuilders and more towards creating new in-house designs for clients. The first car to be completed under this programme was the 2008 SP1, commissioned by a Japanese business executive. The second was the P540 Superfast Aperta, commissioned by an American collector. The following is a list of Special Projects cars that have been made public:


Bio-fuel and hybrid cars

An F430 Spider that runs on
ethanol Ethanol (abbr. EtOH; also called ethyl alcohol, grain alcohol, drinking alcohol, or simply alcohol) is an organic compound. It is an alcohol with the chemical formula . Its formula can be also written as or (an ethyl group linked to a h ...
was displayed at the 2008 Detroit Auto Show. At the 2010 Geneva Motor Show, Ferrari unveiled a hybrid version of their flagship
599 __NOTOC__ Year 599 ( DXCIX) was a common year starting on Thursday (link will display the full calendar) of the Julian calendar. The denomination 599 for this year has been used since the early medieval period, when the Anno Domini calendar era ...
. Called the "HY-KERS Concept", Ferrari's hybrid system adds more than 100 horsepower on top of the 599 Fiorano's 612 HP. Also in mid-2014, the flagship LaFerrari was put into production.


Naming conventions

From the beginning, the Ferrari naming convention consisted of a three-digit unitary displacement of an engine cylinder with an additional suffix representing the purpose of a vehicle. Therefore, Ferrari 125 S had V12 engine with a unitary displacement of 124.73 cc; whilst S-suffix represented Sport. Other race cars also received names invoking particular races like Ferrari 166 MM for Mille Miglia. With the introduction of road-going models, the suffix Inter was added, inspired by the Scuderia Inter racing team of Igor Troubetzkoy. Popular at that time
166 Year 166 ( CLXVI) was a common year starting on Tuesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Pudens and Pollio (or, less frequently, year 919 ''Ab urbe condita' ...
-series had engines with 166.25 cc of unitary displacement and a very diverse
250 __NOTOC__ Year 250 ( CCL) was a common year starting on Tuesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Traianus and Gratus (or, less frequently, year 1003 ''Ab u ...
-series had of total displacement and 246.10 cc of unitary. Later series of road cars were renamed Europa and top-of-the-line series America and Superamerica. Until the early 1990s, Ferrari followed a three-number naming scheme based on
engine displacement Engine displacement is the measure of the cylinder volume swept by all of the pistons of a piston engine, excluding the combustion chambers. It is commonly used as an expression of an engine's size, and by extension as a loose indicator of t ...
and a number of cylinders: * V6 and V8 models used the total displacement (in decilitres) for the first two digits and the number of cylinders as the third. Thus, the
206 Year 206 ( CCVI) was a common year starting on Wednesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Umbrius and Gavius (or, less frequently, year 959 ''Ab urbe condit ...
was a 2.0 L V6 powered vehicle, while the
348 Year 348 ( CCCXLVIII) was a leap year starting on Friday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Philippus and Salia (or, less frequently, year 1101 ''Ab urbe cond ...
used a 3.4 L V8, although, for the F355, the last digit refers to 5 valves per cylinder. Upon introduction of the 360 Modena, the digits for V8 models (which now carried a name as well as a number) refer only to total engine displacement. The numerical indication aspect of this name carried on to the F430; the F430's replacement, the
458 Italia The Ferrari 458 Italia (Type F142) is a mid-engine sports car produced by Ferrari. The F458 is the successor of the F430, and was first officially unveiled at the 2009 Frankfurt Motor Show. It was succeeded by the 488 GTB (Gran Turismo Berl ...
, uses the same naming as the 206 and 348. The
488 __NOTOC__ Year 488 ( CDLXXXVIII) was a leap year starting on Friday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Ecclesius and Sividius (or, less frequently, year 1241 ...
uses the system formerly used by the V12 cars. * V12 models used the displacement (in cubic centimetres) of one cylinder. Therefore, the famed 365 Daytona had a V12. However, some newer V12-engined Ferraris, such as the
599 __NOTOC__ Year 599 ( DXCIX) was a common year starting on Thursday (link will display the full calendar) of the Julian calendar. The denomination 599 for this year has been used since the early medieval period, when the Anno Domini calendar era ...
, have three-number designations that refer only to total engine displacement or boxer-style designations such as the ominallysix-litre, V12
612 __NOTOC__ Year 612 ( DCXII) was a leap year starting on Saturday (link will display the full calendar) of the Julian calendar. The denomination 612 for this year has been used since the early medieval period, when the Anno Domini calendar er ...
. *
Flat 12 A flat-twelve engine, also known as a horizontally opposed-twelve, is a twelve-cylinder piston engine with six cylinders on each side of a central crankshaft. Flat-twelve engines are less common than V12 engines, but they have been used in vario ...
models used the displacement in litres for the first digit and the number of cylinders for the next two digits. Therefore, the 512 BB was five-litre flat 12 (a Berlinetta Boxer, in this case). However, the original Berlinetta Boxer was the 365 GT4 BB, which was named in a similar manner to the V12 models. * Flagship models (aka "halo cars") use the letter F followed by the anniversary in years, such as the F40 and F50. The Enzo skipped this rule, although the F60 name was applied to a Ferrari Formula One car and is sometimes attached to the Enzo. * Some models, such as the 1980 Mondial and 1984 Testarossa did not follow a three-number naming scheme. Most Ferraris were also given designations referring to their body style. In general, the following conventions were used: * M ("Modificata"), placed at the end of a model's number, denotes a modified version of its predecessor and not a complete evolution (see F512 M and 575 M Maranello). * GTB ("Gran Turismo Berlinetta") models are closed Berlinettas, or
coupé A coupe or coupé (, ) is a passenger car with a sloping or truncated rear roofline and two doors. The term ''coupé'' was first applied to horse-drawn carriages for two passengers without rear-facing seats. It comes from the French past parti ...
s. * GTS ("Gran Turismo Scoperta") this suffix can be seen in older spiders, or
convertibles A convertible or cabriolet () is a passenger car that can be driven with or without a roof in place. The methods of retracting and storing the roof vary among eras and manufacturers. A convertible car's design allows an open-air driving ex ...
(see 365 GTS/4). Now the convertible models use the suffix "Spider" (spelt "i") (see F355 Spider, and 360 Spider). In more recent models, this suffix is used for targa top models (see Dino 246 GTS, and F355 GTS), which is an absolutely correct use of the suffix since "scoperta" means "uncovered". An increasing number of people tend to refer to GTS as "Gran Turismo Spyder", which creates the false assumption that Ferrari does not know the difference between "spyder" and "targa". The 348 TS, which is the only targa named differently, is an exception. * GTO ("Gran Turismo Omologata"), placed at the end of a model's number, denotes a modified version of its predecessor. It designates a model that has been designed and improved for racetrack use while still being street legal. Only three models bear those three letters: the 250 GTO of 1962, the 288 GTO of 1984, and the 599 GTO of 2010. This naming system can be confusing, as some entirely different vehicles used the same engine type and body style. Many Ferraris also had other names affixed (like Daytona) to identify them further. Many such names are actually not official factory names. The Daytona name commemorates Ferrari's triple success in the February 1967
24 Hours of Daytona The 24 Hours of Daytona, also known as the Rolex 24 At Daytona for sponsorship reasons, is a 24-hour sports car endurance race held annually at Daytona International Speedway in Daytona Beach, Florida. It is run on the Sports Car Course layou ...
with the 330 P4. Only in the 1973 Daytona 24 Hours, a 365 GTB/4 run by NART (who raced Ferraris in America) ran second, behind a
Porsche 911 The Porsche 911 (pronounced ''Nine Eleven'' or in german: Neunelfer) is a two-door 2+2 high performance rear-engined sports car introduced in September 1964 by Porsche AG of Stuttgart, Germany. It has a rear-mounted flat-six engine and ori ...
. The various
Dino Dino may refer to: Prefix * dino-, a common prefix in taxonomy, meaning "terrible", "formidable" **Dinosaur People * Dino (given name), a masculine given name and a nickname * Dino (surname), a surname found in Albania and Turkey * Diño, a surn ...
models were named for Enzo's son, Dino Ferrari, and were marketed as Dinos by Ferrari and sold at Ferrari dealersfor all intents and purposes they are Ferraris. In the mid-1990s, Ferrari added the letter "F" to the beginning of all models (a practice abandoned after the F512 M and F355, but adopted again with the F430, but not with its successor, the Ferrari 458).


Identity

The famous symbol of the Ferrari race team is the ''Cavallino Rampante'' ("prancing horse") black prancing
stallion A stallion is a male horse that has not been gelded (castrated). Stallions follow the conformation and phenotype of their breed, but within that standard, the presence of hormones such as testosterone may give stallions a thicker, "cresty" nec ...
on a yellow shield, usually with the letters ''S F'' (for ''Scuderia Ferrari''), with three stripes of green, white and red (the Italian national colors) at the top. The road cars have a rectangular badge on the hood (see picture at top of page), and, optionally, the shield-shaped race logo on the sides of both front wings, close to the door. On 17 June 1923, Enzo Ferrari won a race at the Savio track in
Ravenna Ravenna ( , , also ; rgn, Ravèna) is the capital city of the Province of Ravenna, in the Emilia-Romagna region of Northern Italy. It was the capital city of the Western Roman Empire from 408 until its collapse in 476. It then served as the ca ...
where he met Countess Paolina, mother of Count Francesco Baracca, an ace of the
Italian air force , colours = , colours_label = , march = (Ordinance March of the Air Force) by Alberto Di Miniello , mascot = , anniversaries = 28 March ...
and national hero of
World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, ...
, who used to paint a horse on the side of his planes. The Countess asked Enzo to use this horse on his cars, suggesting that it would bring him good luck. The original "prancing horse" on Baracca's airplane was painted in red on a white cloud-like shape, but Ferrari chose to have the horse in black (as it had been painted as a sign of grief on Baracca's squadron planes after the pilot was killed in action) and he added a canary yellow background as this is the color of the city of Modena, his birthplace. The Ferrari horse was, from the very beginning, markedly different from the Baracca horse in most details, the most noticeable being the tail that in the original Baracca version was pointing downward. Ferrari has used the ''cavallino rampante'' on official company stationery since 1929. Since the Spa 24 Hours of 9 July 1932, the ''cavallino rampante'' has been used on Alfa Romeos raced by Scuderia Ferrari. The motif of a prancing horse is old, it can be found on ancient coins. A similar black horse on a yellow shield is the
coat of arms A coat of arms is a heraldic visual design on an escutcheon (i.e., shield), surcoat, or tabard (the latter two being outer garments). The coat of arms on an escutcheon forms the central element of the full heraldic achievement, which in it ...
of the German city of Stuttgart, home of
Mercedes-Benz Mercedes-Benz (), commonly referred to as Mercedes and sometimes as Benz, is a German luxury and commercial vehicle automotive brand established in 1926. Mercedes-Benz AG (a Mercedes-Benz Group subsidiary established in 2019) is headquarter ...
and the design bureau of Porsche, both being main competitors of Alfa and Ferrari in the 1930s. The city's name derives from ''Stutengarten'', an ancient form of the German word ''Gestüt'', which translates into English as ''stud farm'' and into Italian as ''scuderia''. Porsche also includes the Stuttgart sign in its corporate logo, centred in the emblem of the state of
Württemberg Württemberg ( ; ) is a historical German territory roughly corresponding to the cultural and linguistic region of Swabia. The main town of the region is Stuttgart. Together with Baden and Hohenzollern, two other historical territories, Wür ...
. Stuttgart's ''Rössle'' has both rear legs firmly planted on the soil, like Baracca's horse, but unlike Ferrari's ''cavallino''. Fabio Taglioni used the ''cavallino rampante'' on his Ducati motorbikes, as Taglioni was born at Lugo di Romagna like Baracca, and his father too was a military pilot during WWI (although not part of Baracca's squadron, as is sometimes mistakenly reported). As Ferrari's fame grew, Ducati abandoned the horse- perhaps the result of a private agreement between the two companies. The ''cavallino rampante'' is the visual symbol of Ferrari. Cavallino Magazine uses the name, but not the logo. Other companies use similar logos: Avanti, an Austrian company operating over 100 filling stations, uses a prancing horse logo which is nearly identical to Ferrari's, as does Iron Horse Bicycles and
Norfolk Southern Railway The Norfolk Southern Railway is a Class I freight railroad in the United States formed in 1982 with the merger of Norfolk and Western Railway and Southern Railway. With headquarters in Atlanta, the company operates 19,420 route miles (3 ...
.


Colour

Since the 1920s, Italian race cars of
Alfa Romeo Alfa Romeo Automobiles S.p.A. () is an Italian luxury car manufacturer and a subsidiary of Stellantis. The company was founded on 24 June 1910, in Milan, Italy. "Alfa" is an acronym of its founding name, "Anonima Lombarda Fabbrica Automobili." ...
,
Maserati Maserati S.p.A. () is an Italian luxury vehicle manufacturer. Established on 1 December 1914, in Bologna, Italy, the company's headquarters are now in Modena, and its emblem is a trident. The company has been owned by Stellantis since 2021. ...
and later Ferrari and Abarth were (and often still are) painted in "race red" (''Rosso Corsa''). This was the customary national racing color of
Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical ...
, as recommended between the World Wars by the organizations that later would become the FIA. It refers to the nationality of the competing team, not that of the car manufacturer or driver. In that scheme, French-entered cars such as
Bugatti Automobiles Ettore Bugatti was a German then French manufacturer of high-performance automobiles. The company was founded in 1909 in the then- German city of Molsheim, Alsace, by the Italian-born industrial designer Ettore Bugatti. The ca ...
were blue, German such as Auto Union and
Mercedes Mercedes may refer to: People * Mercedes (name), a Spanish feminine name, including a list of people and fictional characters with the given name or last name Automobile-related * Mercedes (marque), the pre-1926 brand name of German automobile m ...
white (since 1934 also bare sheet metal
silver Silver is a chemical element with the Symbol (chemistry), symbol Ag (from the Latin ', derived from the Proto-Indo-European wikt:Reconstruction:Proto-Indo-European/h₂erǵ-, ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, whi ...
), and British
green Green is the color between cyan and yellow on the visible spectrum. It is evoked by light which has a dominant wavelength of roughly 495570 Nanometre, nm. In subtractive color systems, used in painting and color printing, it is created by ...
such as the mid-1960s
Lotus Lotus may refer to: Plants *Lotus (plant), various botanical taxa commonly known as lotus, particularly: ** ''Lotus'' (genus), a genus of terrestrial plants in the family Fabaceae **Lotus flower, a symbolically important aquatic Asian plant also ...
and BRM, for instance. Ferrari won the 1964 World championship with
John Surtees John Surtees, (11 February 1934 – 10 March 2017) was a British Grand Prix motorcycle road racer and Formula One driver. On his way to become a seven-time Grand Prix motorcycle World Champion, he won his first title in 1956, and followed with ...
by competing for the last two races in North America with cars painted in the US-American race colors white and blue, as these were not entered by the Italian factory themselves, but by the U.S.-based North American Racing Team (NART) team. This was done as a protest concerning arguments between Ferrari and the Italian Racing Authorities regarding the homologation of a new mid-engined Ferrari race car.


Corporate affairs

In 1963, Enzo Ferrari was approached by the
Ford Motor Company Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles ...
about a possible buy out. Ford audited Ferrari's assets but legal negotiations and talks were unilaterally cut off by Ferrari when he realized that the deal offered by Ford would not enable him to stay at the helm of the company racing program.
Henry Ford II Henry Ford II (September 4, 1917 – September 29, 1987), sometimes known as "Hank the Deuce", was an American businessman in the automotive industry. He was the oldest son of Edsel Ford I and oldest grandson of Henry Ford I. He was president o ...
consequently directed his racing division to negotiate with
Lotus Lotus may refer to: Plants *Lotus (plant), various botanical taxa commonly known as lotus, particularly: ** ''Lotus'' (genus), a genus of terrestrial plants in the family Fabaceae **Lotus flower, a symbolically important aquatic Asian plant also ...
, Lola, and
Cooper Cooper, Cooper's, Coopers and similar may refer to: * Cooper (profession), a maker of wooden casks and other staved vessels Arts and entertainment * Cooper (producers), alias of Dutch producers Klubbheads * Cooper (video game character), in ' ...
to build a car capable of beating Ferrari on the world endurance circuit, eventually resulting in the production of the Ford GT40 in 1964. As the Ford deal fell through, FIAT approached Ferrari with a more flexible proposal and purchased controlling interests in the company in 1969. Enzo Ferrari retained a 10% share, which is currently owned by his son Piero Lardi Ferrari. Ferrari has an internally managed merchandising line that licenses many products bearing the Ferrari brand, including eyewear, pens, pencils, electronic goods, perfume, cologne, clothing, high-tech bicycles, watches, cell phones, and laptop computers. Ferrari also runs a museum, the Museo Ferrari in Maranello, which displays road and race cars and other items from the company's history.


Formula Uomo programme

In 1997, Ferrari launched a long term master planned effort to improve overall corporate efficiency, production and employee happiness. The program was called Formula Uomo and became a case study in social sustainability. It took over ten years to fully implement and included over €200 million (2008) in investment.


Technical partnerships

Ferrari has had a long-standing relationship with Shell Oil. It is a technical partnership with Ferrari and Ducati to test as well as supply fuel and oils to the Formula One, MotoGP and World Superbike racing teams. For example, the Shell V-Power premium gasoline fuel has been developed with the many years of technical expertise between Shell and Ferrari. Ferrari has had agreements to supply Formula One engines to a number of other teams over the years, and currently supply the
Alfa Romeo Alfa Romeo Automobiles S.p.A. () is an Italian luxury car manufacturer and a subsidiary of Stellantis. The company was founded on 24 June 1910, in Milan, Italy. "Alfa" is an acronym of its founding name, "Anonima Lombarda Fabbrica Automobili." ...
and Haas F1 F1 teams.


Sales history

As of the end of 2019, the total of Ferrari built and sold cars in their whole company history is 219,062. ;Annual Ferrari sales to end customers (number of type-approved vehicles) : :


Recalls

In January 2020 the Italian carmaker said it will recall 982 vehicles for passenger airbags due to the Takata airbag recalls. If the inflator explodes, the airbag will spew metal shrapnel at passengers, which can cause severe injury. Every car involved will get a new passenger-side airbag assembly, complete with a new inflator without the dangerous propellant. On 8 August 2022, the company recalled almost every car it's sold in the US since 2005 over a potential for brake failure. According to an NHTSA recall filing, 23,555 Ferrari models sold in America are fitted with a potentially faulty brake fluid reservoir cap that may not vent pressure adequately. The fix is simple.


Stores

Roughly thirty Ferrari boutiques exist worldwide, with two owned by Ferrari and the rest operating as
franchises Franchise may refer to: Business and law * Franchising, a business method that involves licensing of trademarks and methods of doing business to franchisees * Franchise, a privilege to operate a type of business such as a cable television ...
. The stores sell branded clothes, accessories and racing memorabilia. Clothing includes upscale and lower-priced collections for men, women, and children. Some stores include race car simulation games for entertainment.


Attractions

There are currently two Ferrari-themed amusement parks in the world.


Ferrari World Abu Dhabi

Opened in 2010, Ferrari World Abu Dhabi is the first Ferrari-branded theme park in the world and boasts 37 rides and attractions. Located on Yas Island in Abu Dhabi, it is home to the world's fastest roller coaster - Formula Rossa, and a dynamic coaster with one of the world's tallest loop -
Flying Aces A flying ace, fighter ace or air ace is a military aviator credited with shooting down five or more enemy aircraft during aerial combat. The exact number of aerial victories required to officially qualify as an ace is varied, but is usually co ...
.


Ferrari Land in PortAventura

Opened in 2017, Ferrari Land in
PortAventura World PortAventura World is an entertainment resort in Salou and Vila-seca, Tarragona, on the Costa Daurada in Catalonia, Spain. It was built around the PortAventura Park theme park, which attracts around 3.5 million visitors per year, making i ...
resort is the second such Ferrari-themed amusement park in the world, after Ferrari World Abu Dhabi. With 16 rides and attractions, it is home to Europe's fastest and highest vertical accelerator coaster - Red Force.


See also

* List of Ferrari road cars * List of Ferrari engines * List of Ferrari competition cars * List of Ferrari engines * Scuderia Ferrari * List of car brands * List of companies of Italy


Citations


General references

* * Adler, Dennis, ''Ferrari: The Road from Maranello''. Random House, 2006. .


External links

*
Ferrari Official Car Configurator

Ferrari Past Models on auto.ferrari.com

Ferrari Single-seaters on formula1.ferrari.com

Ferrari Special Projects listing on Coachbuild.com
* {{authority control Italian companies established in 1947 2015 initial public offerings Automotive companies established in 1947 Car manufacturers of Italy Companies listed on the Borsa Italiana Companies listed on the New York Stock Exchange Italian brands Luxury motor vehicle manufacturers Sports car manufacturers Vehicle manufacturing companies established in 1947 Car brands Corporate spin-offs Enzo Ferrari