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Ferrari is a manufacturer of racing cars and sports cars the Italian high-performance-based in Maranello, Italy. Ferrari was founded by Enzo Ferrari in 1929, as "Scuderia Ferrari", the company that sponsored the race car driver and make before moving into production of commercial vehicles that are recognized as Ferrari in 1947 Throughout its history, the company has participated in the world's longest race , especially in Formula One, where it has been a great success. 

The company then also develop independent car production in 1946, and later became Ferrari SpA, and is now controlled by the Fiat group. The company is based in Maranello, near Modena, Italy. 

Ferrari also take part in the Formula One competition. One of the drivers is the famous seven-times world champion Michael Schumacher.

Ferrari S.p.A. 

Type Division of Fiat 

Industrial / Automotive services 

established in 1947 

Founder Enzo Ferrari 

Headquarters Maranello, Italy 

Key people Luca di Montezemolo 

Chairman 

Piero Ferrari 

Vice Chairman 

Amedeo Felisa 

CEO 

Sports car products 

Revenue ▲ € 1,921 million (2008) 

Owner Fiat S.p.A. 85% 

Employees 2,926 (2007) 

Parent Fiat S.p.A. 

Website Ferrari.com

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