|This article needs additional citations for verification. (June 2013)|
|Type||Società per azioni|
|Founded||1947 (historical 1929)|
|Key people||Sergio Marchionne
|Production output||7,318 units (2012)|
|Revenue||€ 2.3 billion (2013) +5% vs 2012 |
|Owners||Fiat Chrysler Automobiles, NV (90%)
Piero Ferrari (10%)
|Parent||Fiat Chrysler Automobiles, NV|
Ferrari S.p.A. is an Italian luxury sports car manufacturer based in Maranello. 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 as Ferrari S.p.A. in 1947. Fiat acquired 50% of Ferrari in 1969 and expanded its stake to 85% in 2008.In 2014 Fiat announced its intentions to sell its share in Ferrari, as of the announcement Fiat owned 90% of Ferrari.  Throughout its history, the company has been noted for its continued participation in racing, especially in Formula One, where it has had great success. Ferrari road cars are generally seen as a symbol of speed, luxury and wealth.
Enzo Ferrari was not initially interested in the idea of producing road cars when he formed Scuderia Ferrari (literally "Ferrari Stable", and usually used to mean "Team Ferrari", it is correctly pronounced [skudeˈriːa]) in 1928 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.
In 1941, Alfa Romeo was confiscated by the fascist government of Benito Mussolini as part of the Axis Powers' war effort. Enzo Ferrari's division was small enough to be unaffected by this. Because he was prohibited by contract from racing for four years, the Scuderia briefly became Auto Avio Costruzioni Ferrari, which ostensibly produced machine tools and aircraft accessories. Also known as SEFAC (Scuderia Enzo Ferrari Auto Corse), Ferrari did in fact produce one race car, the Tipo 815, in the non-competition period. It was the first actual Ferrari car (it debuted at the 1940 Mille Miglia), but due to World War II 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 in 1944 and rebuilt in 1946, after the war ended, and included a works for road car production.
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 to be launched before his death later that year, and arguably one of the most famous supercars ever made. From 2002 to 2004, Ferrari produced the Enzo, their fastest model at the time, which was introduced and named in honor 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 reoccurring 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 (equivalent to £99,950,000)) 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, and is to be succeeded by Sergio Marchionne, CEO and Chairman of Fiat Chrysler Automobiles, Ferrari's parent company.
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 is to turn Ferrari into an independent brand which 10% of stake will be sold in an IPO in 2015.
- For a complete list of Ferrari racing cars, see List of Ferrari competition cars.
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 and for one make race series.
The 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 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. As of 2008[update], the team's records include 15 World Drivers Championship titles (1952, 1953, 1956, 1958, 1961, 1964, 1975, 1977, 1979, 2000, 2001, 2002, 2003, 2004 and 2007) 16 World Constructors Championship titles (1961, 1964, 1975, 1976, 1977, 1979, 1982, 1983, 1999, 2000, 2001, 2002, 2003, 2004, 2007 and 2008), 209 Grand Prix victories, 4925.27 points, 622 podium finishes, 203 pole positions, and 218 fastest laps in 776 Grands Prix contested. Of the 19 tracks used in 2014, 8 have lap records set by the Ferrari F2004, with a further 3 set by the Ferrari F2003-GA, Ferrari F2008 and Ferrari F10.
Ferrari drivers include Tazio Nuvolari, Juan Manuel Fangio, Luigi Chinetti, Alberto Ascari, Wolfgang von Trips, Phil Hill, Olivier Gendebien, Mike Hawthorn, Peter Collins, Giancarlo Baghetti, John Surtees, Lorenzo Bandini, Ludovico Scarfiotti, Jacky Ickx, Mario Andretti, Clay Regazzoni, Niki Lauda, Carlos Reutemann, Jody Scheckter, Gilles Villeneuve, Didier Pironi, Patrick Tambay, René Arnoux, Michele Alboreto, Gerhard Berger, Nigel Mansell, Alain Prost, Jean Alesi, Eddie Irvine, Rubens Barrichello, Michael Schumacher, Kimi Räikkönen, Felipe Massa, and Fernando Alonso.
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.
The drivers competing for 2009 were Felipe Massa and Kimi Räikkönen. In 2010 Fernando Alonso started racing for Ferrari after racing for Renault, Minardi and McLaren, filling Kimi Räikkönen's former seat.
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, 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.
Race cars for other teamsEdit
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 model, 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 be competed against such racing versions of the Audi R8, McLaren MP4-12C, and BMW Z4 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.
- For a complete list, including future and concept car models, see List of Ferrari road cars.
|California T||458 Italia||FF|
|458 Spider||F12berlinetta||Ferrari 458 Speciale||LaFerrari|
Ferrari's first vehicle was the 125 S sports/racing model. In 1949, the Ferrari 166 Inter, the company's first move into the grand touring market, which continues to make up the bulk of Ferrari sales to the present day.
The Dino was the first mid-engined Ferrari. This layout would go on to be used in most Ferraris of the 1980s and 1990s. V8 Ferrari models make up well over half of the marque's total production.
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.
The company has also produced front-engined 2+2 cars, culminating in the current California.
Ferrari entered the mid-engined 12-cylinder fray with the Berlinetta Boxer in 1973. The later Testarossa remains one of the most famous Ferraris.
Concept cars and specialsEdit
Ferrari has produced a number of concept cars, such as the Ferrari Mythos. While some of these were quite radical (such as the Ferrari Modulo) and never intended for production, others such as the Ferrari Mythos have shown styling elements which were later incorporated into production models.
The most recent concept car to be produced by Ferrari themselves was the 2010 Ferrari Millechili.
A number of one-off special versions of Ferrari road cars have also been produced, some of which have been commissioned by wealthy owners. Examples include the Ferrari P4/5 and the Ferrari SP12 EC.
The Special Projects program is a collaboration by Ferrari with Italian automobile coachbuilders such as Fioravanti, Pininfarina, and Zagato to build custom cars using selected Ferrari models as a structural base. The first car under this program is the SP1, commissioned by a Japanese business executive. The second is the P540 Superfast Aperta, commissioned by an American enthusiast.
Bio-fuel and hybrid carsEdit
Ferrari has considered making hybrids; for example, a F430 Spider that runs on ethanol was displayed at the 2008 Detroit Auto Show. Ferrari has announced that a hybrid will be in production by 2015. At the 2010 Geneva Motor Show, Ferrari unveiled a hybrid version of their flagship 599 Also in mid 2014 the "LaFerrari" was put into production. Called the "HY-KERS Concept", Ferrari's hybrid system adds more than 100 horsepower on top of the 599 Fiorano's 612 HP.
Until the early 1980s, Ferrari followed a three-number naming scheme based on engine displacement:
- 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 was a 2.0 L V6 powered vehicle, while the 348 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, however the F430's replacement, the 458 Italia uses the same naming as the 206 and 348.
- V12 models used the displacement (in cubic centimetres) of one cylinder. Therefore, the famed 365 Daytona had a 4390 cc V12. However, some newer V12-engined Ferraris, such as the 599, have three-number designations that refer only to total engine displacement.
- Flat 12 (boxer) models used the displacement in litres for the first digit and the number of cylinders for the next two digits. Therefore, the BB 512 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.
- Halo Car 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 the 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 coupes.
- GTS ("Gran Turismo Spyder") in older models, are open Spyders (spelt "y"), or convertibles (see 365 GTS/4); however, in more recent models, this suffix is used for targa top models (see Dino 246 GTS, and F355 GTS; the exception being the 348 TS, which is the only targa named differently). The convertible models now use the suffix "Spider" (spelt "i") (see F355 Spider, and 360 Spider).
- GTO ("Gran Turismo Omologata"), placed at the end of a model's number, denotes a modified version of its predecessor. Indeed, those three letters designate a model which has been designed and improved for racetrack use while still being a street-legal model. 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 with the 330 P4. Only in the 1973 Daytona 24 Hours, a 365 GTB/4 model run by NART (who raced Ferrari's in America) ran second, behind a Porsche 911.
The various Dino models were named for Enzo's son, Dino Ferrari, and were marketed as Dinos by Ferrari and sold at Ferrari dealers—for 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 ).
The famous symbol of the Ferrari race team is the Cavallino Rampante ("prancing horse") black prancing stallion 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 where he met the Countess Paolina, mother of Count Francesco Baracca, an ace of the Italian air force and national hero of World War I, 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 of the German city of Stuttgart, home of Mercedes-Benz 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. 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.
Since the 1920s, Italian race cars of Alfa Romeo, Maserati 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, 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 were blue, German such as Benz and Mercedes white (since 1934 also bare sheet metal silver), and British green such as the mid-1960s Lotus and BRM, for instance.
Ferrari won the 1964 World championship with John Surtees by competing 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.
In 1963, Enzo Ferrari was approached by the Ford Motor Company about a possible buy over. 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 consequently directed his racing division to negotiate with Lotus, Lola, and Cooper 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 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. 
The estimated total of Ferrari built and sold cars in whole company history is about 130,000.
|Year||Sales to end customers (number of type-approved vehicles)|
- [dead link]
- Ferrari affiche un chiffre d'affaires record en 2013, Challenges, February 19, 2014
- "Annual Report 2011". fiatspa.com. Retrieved 8 June 2012.
- "Italian Car Companies". Listitude.com. 4 December 2013. Retrieved 6 December 2013.
- "Fiat 2013 Annual Report". Fiat S.p.A. Retrieved 2014-08-13.
- "FCA Announces Board Intention to Spin Off Ferrari S.p.A". Fiat S.p.A. Retrieved 2014-10-28.
- History of Ferrari In DK Engineering from http://www.dkeng.co.uk/company/The_History_of_Ferrari.html Retrieved 14 September 2010
- "Felipe Massa and Marc Gene lead a record breaking parade of Ferraris at Silverstone". Skidmark. 15 September 2012. Retrieved 18 September 2012.
- "Ferrari CEO Quits In A Huff, Says Company Is Now 'American'".
- Ferrari quitte Fiat et rentre dans le circuit boursier, le Monde, October 30, 2014
- Hayhoe, David & Holland, David (2006). Grand Prix Data Book (4th edition). Haynes, Sparkford, UK. ISBN 978-1-84425-223-7
- "Ferrari's A1GP Deal". Yahoo Sport. 11 October 2007. Retrieved 24 March 2008.[dead link]
- Stoklosa, Alexander (2014), 2015 Ferrari California T Debuts With Twin-Turbo V-8, F12berlinetta Styling, Car and Driver
- September 2006 BY TED WEST. "Pininfarina Ferrari P4/5 – Feature – Car and Driver". Caranddriver.com. Retrieved 2014-06-22.
- "Official: Clapton’s one-off Ferrari - BBC Top Gear". Topgear.com. 2012-05-28. Retrieved 2014-06-22.
- "The Ferrari HY-KERS Bows at Geneva". Automoblog.net.
- "World Championship 1967". Wspr-racing.com. Retrieved 26 September 2010.
- "World Championship 1973". Wspr-racing.com. Retrieved 26 September 2010.
- "Ferrari and Shell V-Power". Shell Canada. 15 January 2009. Retrieved 20 January 2009.
- "Crunching Ferrari’s Global Numbers". Ferraris-online.com. Retrieved 2014-06-22.
- Fiat Group 1999 Annual Report (PDF)
- Fiat Group 2000 Annual Report (PDF)
- Fiat Group 2001 Annual Report (PDF)
- Fiat Group 2002 Annual Report (PDF)
- Fiat Group 2003 Annual Report (PDF)
- Fiat Group 2004 Annual Report (PDF)
- Fiat Group 2005 Annual Report (PDF)
- Fiat Group 2006 Annual Report (PDF)
- Fiat Group 2007 Annual Report (PDF)
- Fiat Group 2008 Annual Report (PDF)
- Fiat Group 2009 Annual Report (PDF)
- Fiat Group 2010 Annual Report
- Fiat Group 2011 Annual Report
- Ferrari profits rise despite fewer sales in 2013
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|Ferrari road car timeline, 1947–1968 — next »|
|Sports||125 S||166 S/MM||195 S||212 Export||225 S||250 MM||250 Monza||250 GT Tour de France||250 GT SWB||250 P||250 LM|
|159 S||250 S||250 Export||250 GTO|
|GT||166 Inter||195 Inter||212 Inter||250 Europa||250 GT Europa||250 GT Boano||250 GT Ellena||250 GT Coupé Pininfarina||250 GT Lusso||330 GTC||365 GTC|
|275 GTB||275 GTB/4|
|Spider||250 GT Cabriolet||275 GTS||330 GTS||365 GTS|
|250 GT California Spyder|
|2+2||250 GT/E||330 GT 2+2||365 GT 2+2|
|America||340/342 America||375 America/375 MM||410 Superamerica||400 Superamerica||500 Superfast||365 California|
|« previous — Ferrari road car timeline, 1960s–1990s — next »|
|8 cylinder||Mid-engine berlinetta||308||308i||308 QV||328||348||360|
|208||208 Turbo||GTB/GTS Turbo||F355|
|Mid-engine 2+2||308 GT4||Mondial 8||Mondial QV||3.2 Mondial||Mondial t|
|12 cylinder||Boxer berlinetta||365BB||512 BB||512i BB||Testarossa||512TR||F512M|
|Grand tourer||250||275||365 GTB/4
|2+2 coupé||250 GT/E||330 GT 2+2||365 GT 2+2||365
|365 GT4 2+2||400||400i||412||456||456 M|
|Supercar||250 GTO||250 LM||288
|Dino marque until 1976; see also Dino car timeline Sold under the|
|« previous — Ferrari road car timeline, 1996–present|
|8 cylinder||Mid-engine berlinetta||360||458|
|Challenge Stradale||F430 Scuderia||458 Speciale|
|12 cylinder||Grand tourer||550 Maranello||575M Maranello||599 GTB Fiorano||F12berlinetta|
|2+2 coupé||456||456 M||612 Scaglietti||FF|
|Limited production supercar||F50||Enzo||LaFerrari|