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Ferrari Industrial

Ferrari is an Italian luxury sports car manufacturer known for racing. It was founded in 1939 by Enzo Ferrari and built its first car in 1940. Over the decades, Ferrari has produced high performance sports cars and racing cars. It is currently owned by Exor, an Italian holding company. Ferrari is renowned for its success in Formula One racing through its Scuderia Ferrari team.

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0% found this document useful (0 votes)
98 views

Ferrari Industrial

Ferrari is an Italian luxury sports car manufacturer known for racing. It was founded in 1939 by Enzo Ferrari and built its first car in 1940. Over the decades, Ferrari has produced high performance sports cars and racing cars. It is currently owned by Exor, an Italian holding company. Ferrari is renowned for its success in Formula One racing through its Scuderia Ferrari team.

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Rio Imam
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© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd
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Ferrari Industrial

Ferrari is an Italian luxury sports car manufacturer based in Maranello.


Founded by Enzo Ferrari in 1939 out of Alfa Romeo's race division as Auto Avio
Costruzioni, the company built its first car in 1940. However, the company's
inception as an auto manufacturer is usually recognized in 1947, when the first
Ferrari-badged car was completed.
In 2014 Ferrari was rated the world's most powerful brand by Brand Finance. In
June 2018, the 1964 250 GTO became the most expensive car in history, setting
an all-time record selling price of $70 million.
Fiat S.p.A. acquired 50% of Ferrari in 1969 and expanded its stake to 90% in
1988. In October 2014 Fiat Chrysler Automobiles N.V. (FCA) announced its
intentions to separate Ferrari S.p.A. from FCA; as of the announcement FCA
owned 90% of Ferrari.
Enzo Ferrari was not initially interested in the idea of producing road cars when
he formed Scuderia Ferrari in 1929, with headquarters in Modena. Scuderia
Ferrari (pronounced [skudeˈriːa]) literally means "Ferrari Stable" and is usually
used to mean "Team Ferrari." Ferrari bought,[citation needed] prepared, and fielded
Alfa Romeo 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: 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 brought its racing
operation again in-house, forming Alfa Corse in Milan and hired Enzo Ferrari as
manager of the new racing department; therefore the Scuderia Ferrari was
disbanded.
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.[1] A few days later he founded Auto Avio Costruzioni, headquartered in
the facilities of the old Scuderia Ferrari.[1] The new company ostensibly
produced machine tools and aircraft accessories. In 1940, Ferrari produced a
race car – the Tipo 815, based on a Fiat platform. It was the first Ferrari car and
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 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; 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).[15]
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 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 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, Ferrari's parent company.[17] In July
2018, Marchionne was replaced by board member Louis Camilleri as CEO and
by John Elkann as chairman.[18]
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
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 2014, 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, 8 have lap records set by the F2004, with a further 3 set by the
F2003-GA, F2008 and F10.

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 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 be competed 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. This was primarily
a sports/racing model. In 1949, the 166 Inter was introduced marking the
company's significant move into the grand touring road car market. Road cars
continue to make up the bulk of Ferrari sales to the present day.
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 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 engines.

Super cars
The 1984 288 GTO may be considered the first in the line of Ferrari supercars.
This pedigree extends through the Enzo Ferrari to the LaFerrari. In February
2019, at the 89th Geneva International Motor Show, Ferrari revealed its latest
mid-engine V8 supercar, the F8 Tributo.[24]
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.[25]

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