Ferrari S.p.A. is a sports car manufacturing company based in Maranello, Italy. It was founded by Enzo Ferrari in 1929 under the name Scuderia Ferrari, and sponsored drivers and manufactured race cars before moving into the production of street-legal vehicle under its current name in 1947. Throughout its history, Ferrari has been known for its continued participation in racing, particularly Formula One, where it has experienced enormous success. Ferrari road cars are a classic symbol of luxury and wealth.
