Ferrari is an Italian sports car maker based in Maranello, near Modena. Enzo Ferrari founded the racing team Scuderia Ferrari in 1929, and the first car carrying the Ferrari name was built in 1947.
The company makes road cars in limited numbers, including the 296, Roma, SF90 and Purosangue models. It also sells special series and one-off cars to select clients. Fiat took a stake in 1969, and Ferrari became a separate listed company in 2015.
Scuderia Ferrari has competed in Formula 1 since the first season in 1950 and holds a record number of constructors titles. The brand also runs theme parks, a museum and a fashion line. Exor, the Agnelli family holding company, is its largest shareholder. Its Prancing Horse badge is one of the best known in the car industry. Ferrari limits production to protect exclusivity. The company has also launched electric car plans and a line of luxury goods.