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Ferrari

This article is about the automobile manufacturer. For other uses, see Ferrari (disambiguation).
"Ferraris" redirects here. For the surname, see Ferraris (surname).

Ferrari S.p.A.
Company typePublic (S.p.A.)
ISINNL0011585146 Edit this on Wikidata
IndustryAutomotive
Founded13 September 1939 (1939-09-13) in Modena, Italy (as Auto Avio Costruzioni)[1]
FounderEnzo Ferrari
Headquarters
[2]
44°31′57″N 10°51′51″E / 44.532447°N 10.864137°E / 44.532447; 10.864137
Area served
Worldwide
Key people
ProductsSports cars, luxury cars
Production output
Increase 13,663 units shipped (2023)[3]
RevenueIncrease €5.970 billion (2023)[3]
Increase €1.617 billion (2023)[3]
Increase € 1.257 billion (2023)[3]
Total assetsIncrease € 8.05 billion (2023)[3]
Total equityIncrease € 3.07 billion (2023)[3]
Owners
Number of employees
Increase 4,988 (2023)[3]
DivisionsScuderia Ferrari
Websitewww.ferrari.com
Footnotes / references
[3] [5][6]

Ferrari S.p.A. (/fəˈrɑːri/, Italian: [ferˈraːri]) is an Italian luxury sports car manufacturer based in Maranello. Founded in 1939 by Enzo Ferrari (1898–1988), the company built its first car in 1940, adopted its current name in 1945, and began to produce its current line of road cars in 1947. Ferrari became a public company in 1960, and from 1963 to 2014 it was a subsidiary of Fiat S.p.A. It was spun off from Fiat's successor entity, Fiat Chrysler Automobiles, in 2016. The company currently offers a large model range which includes several supercars, grand tourers, and one SUV. Many early Ferraris, dating to the 1950s and 1960s, count among the most expensive cars ever sold at auction.

Throughout its history, the company has been noted for its continued participation in racing, especially in Formula One, where its team, Scuderia Ferrari, is the series' single oldest and most successful. Scuderia Ferrari has raced since 1929, first in Grand Prix events and later in Formula One, where since 1952 it has 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.[7][8] Historically, Ferrari was also highly active in sports car racing, where its cars took many wins in races such as the Mille Miglia, Targa Florio and 24 Hours of Le Mans, as well as several overall victories in the World Sportscar Championship. Scuderia Ferrari fans, commonly called tifosi, are known for their passion and loyalty to the team.

Ferrari is one of the world's strongest brands, and it maintains a brand image built around racing heritage, luxury, and exclusivity. As of May 2023, Ferrari is also one of the largest car manufacturers by market capitalisation, with a value of approximately US$85.5 billion.[9]

  1. ^ "History of Enzo Ferrari". auto.ferrari.com. Archived from the original on 29 May 2016. Retrieved 31 May 2016.
  2. ^ "Ferrari SpA Direzione e stabilimento" (PDF). Ferrari Corporate. Archived (PDF) from the original on 24 June 2017.
  3. ^ a b c d e f g h i j "Ferrari FY 2023 Results Press-Release" (PDF). Ferrari. 2 February 2023. Retrieved 22 February 2024.
  4. ^ "Ferrari - Profilo società". borsaitaliana.it. borsaitaliana.it. Retrieved 26 September 2024.
  5. ^ "Annual Report 2021" (PDF). Ferrari. 25 February 2022. Retrieved 7 September 2022.
  6. ^ "2019 Annual Report" (PDF). Ferrari. 10 February 2020. Retrieved 5 September 2020.
  7. ^ "Ferrari Year by Year - F1 Grand Prix Wins and Highlights". Formula One. 2023. Retrieved 11 May 2023.
  8. ^ Miles, Ben (24 April 2020). "The nine most successful F1 teams of all time". Goodwood. Retrieved 16 May 2023.
  9. ^ "The 10 Most Valuable Car Companies in the World — Investing". US News & World Report. 26 May 2023. Retrieved 16 September 2023.

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