a line up of red Ferrari automobiles

- Image ID: D2KH1J
Cayman / Alamy Stock Photo
Image ID: D2KH1J
Ferrari S.p.A. is a multinational Italian sports car manufacturer based in Maranello, Italy. 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. 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 luxury and wealth.