Sergio Marchionne FCA
Chairman & CEO
Managing Director of Gestione Sportiva
Head of Product Marketing & Market Intelligence
Ferrari was founded in the year 1939. The company has been operational for 79 years now. The founder of the company was Enzo Ferrari. The founder of the company was not initially interested in the idea of producing road cars when he formed Scuderia Ferrari in the year 1929, with headquarters in Modena. The company had bought, prepared, and also fielded Alfa Romeo racing cars for gentleman drivers, functioning as the racing division of Alfa Romeo too. In the year 1933, Alfa Romeo had withdrawn its in-house racing team, and Scuderia Ferrari took over as its leading works team. In the year 1938, Alfa Romeo brought its racing operation again in-house, forming Alfa Corse in Milan and hired Enzo Ferrari as the manager of the new racing department as well and therefore the Scuderia Ferrari was disbanded as a result.
In the year 1939, the founder of the company had left Alfa Romeo under the provision he would not use the Ferrari name, in association with any races or racing cars for at least four years at least. In the year 1940, Ferrari produced a race car known as the Tipo 815, which was based on a Fiat platform. Due to World War II, the company saw little competition for its car. In the year 1943, the Ferrari factory moved to Maranello, which was bombed by the Allies and was later rebuilt including works for road car production as well. The first Ferrari-branded car was the 1947 125 S, which was powered by a 1.5-litre V12 engine. In the year 1960, the company was transformed into a limited public entity. Then in the year 1969, Fiat had taken almost 50 per cent stake in the company as well. Later in the year 1988, the founder of the company oversaw the release of the Ferrari F40. In the year 1989, the name of the company was changed to Ferrari SPA. During the year 2012, almost more than 960 Ferrari cars, which was all worth over $162 million had attended the Ferrari Driving Days event. In the year 2014, due to the formation of the FCA brand, between Fiat and Chrysler, the Ferrari luxurious brand was detached from the company and was made an independent company as a result as well. Ferrari had held its IPO or Initial Public Offering, after the split in the year 2015. The headquarters of the company is based in Via Abetone Inferiore, 4. The name of the place is Maranello MO, while the country name if Italy. The pin code of the area is 41053.
Ferrari is an Italian company that focuses on the designing and manufacturing of various kinds of luxurious sports, performance-related and also racing cars as well. The current CEO of the company is Louis Camilleri. As of the year 2018, the total revenue generated by the company is more than 3.4 billion Euros. Also, the number of employees working at the company, as of the year 2017, is more than 3,300. The company is rated as the world's most powerful brand, by Brand Finance. As of the year 2018, the 1964 250 GTO was the most expensive car in the world, priced at $7 million.
The primary services provided by the company include the manufacturing and designing of various kinds of sports cars that are all sold by the Ferrari official car stores and dealers as well. The company also manufacturers Gran Turismo and Formula 1 Racing Cars as well. The company also sells eyewear, perfumes, Ferrari branded electronic goods, clothing, etcetera.
Please log in again. The login page will open in a new window. After logging in you can close it and return to this page.