In 1945, Ferrari adopted its current name. Much of this work is now done by industrial robots. : 45–47 Under Enzo Ferrari Ferrari's factory in the early 1960s: everything in its production line was handmade by machinists, who followed technical drawings with extreme precision. Under threat of Allied bombing raids, the company's factory was moved to Maranello, where it remains to this day. During the war, Enzo's company produced aircraft engines and machine tools for the Italian military the contracts for these goods were lucrative, and provided the new company with a great deal of capital. The company produced a single car, the Auto Avio Costruzioni 815, which participated in only one race before the outbreak of World War II. He called the company "Auto Avio Costruzioni", and headquartered it in the facilities of the old Scuderia Ferrari due to a noncompete agreement with Alfa Romeo, the company could not use the Ferrari name for another four years. He used his settlement to found his own company, where he intended to produce his own cars. Late in 1937, Scuderia Ferrari was liquidated and absorbed into Alfa Romeo, but Enzo's disagreements with upper management caused him to leave in 1939. Alfa Romeo supplied racing cars to Ferrari, who eventually amassed some of the best drivers of the 1930s and won many races before the team's liquidation in 1937. Originally intended to service gentleman drivers and other amateur racers, Alfa Romeo's withdrawal from racing in 1933, combined with Enzo's connections within the company, turned Scuderia Ferrari into its unofficial representative on the track. Drivers, left to right: Achille Varzi, Louis Chiron, and Carlo Felice Trossi.Įnzo Ferrari, formerly a salesman and racing driver for Alfa Romeo, founded Scuderia Ferrari, a racing team, in 1929. Main article: History of Ferrari Early history Three Scuderia Ferrari cars in 1934, all Alfa Romeo P3s. Scuderia Ferrari fans, commonly called tifosi, are known for their passion and loyalty to the team. Historically, Ferrari was also highly active in sports car racing, where its cars took many victories in races like the Mille Miglia, Targa Florio and 24 Hours of Le Mans. Scuderia Ferrari have raced since 1929, first in Grand Prix events and later in Formula One, where since 1952 they have fielded fifteen champion drivers, won sixteen Constructors' Championships, and accumulated more race victories, 1–2 finishes, podiums, pole positions, fastest laps and points than any other team in F1 history. Throughout its history, the company has been noted for its continued participation in racing, especially in Formula One, where its team, Scuderia Ferrari, are the series' single oldest and most successful. Owing to a combination of its cars, enthusiast culture, and successful licensing deals, in 2019 Ferrari was labelled the world's strongest brand by the financial consultency Brand Finance. Many early Ferraris, dating to the 1950s and 1960s, count among the most expensive cars ever sold at auction. The company currently offers a large model range which includes several supercars, grand tourers, and one SUV. It was spun off from Fiat's successor entity, Fiat Chrysler Automobiles, in 2016. Ferrari became a public company in 1960, and from 1969 to 2014 it was a subsidiary of Fiat S.p.A. Founded in 1939 by Enzo Ferrari (1898–1988), the company adopted its current name in 1945 and began producing its line of cars in 1947. ( / f ə ˈ r ɑːr i/ Italian: ) is an Italian luxury sports car manufacturer based in Maranello, Italy. The GT4 currently costs around the same price as when it was new, but then again, its original MSRP would put it well over $200,000 if adjusted for inflation.Ferrari S.p.A. That certainly explains its angular lines in place of the curves usually associated with Ferraris. Those who think the design isn't very Ferrari-like might be right, as the GT4 was the first Ferrari designed by Bertone instead of Pininfarina. Perhaps somewhat surprisingly, it was Ferrari's first production vehicle to feature a mid-engine V8 layout. It's a mid-engine 2+2 sports car that Ferrari built to test new technology, and it was a groundbreaking car in many ways for the prancing horse brand. However, in 1976, it became a proper Ferrari with badges to prove it. Ferrari initially sold it with Dino badging, not as a Ferrari. Ferrari introduced the Dino 308 GT4 in the early '70s.
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