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The
History of the Ferrari
by: Janette Vince
You always
know a Ferrari when you see one. These Italian sports cars are among
the most desired cars on the market today, and they're one of the most
coveted symbols of wealth and status in the world. Anyone who drives a
Ferrari makes a big impression on those around him.
Enzo Ferrari,
the founder of the company, never wanted to build racecars he wanted to
race himself.
He got his start working for other car companies and
racing in his spare time. He worked for a company called CMN, designing
worked for Alfa Romeo, racing their cars in local races to mixed
success. He never did win fame and fortune as a racecar driver.
Ferrari
founded his company, Scudiera Ferrari, as a sponsorship company for
racecar drivers. The word Scudiera is loosely translated as "team;" the
name of the company in English is something like "Team Ferrari."
Originally founded as an independent company, it soon became a division
of Alfa Romeo, sponsoring and managing the company's in-house racing
team.
During World War II, Alfa Romeo was taken over by Mussolini as part of
the war effort-but Ferrari's division was too small to bother with.
Ferrari left Alfa Romeo, but the government required him to use his
business to help the war effort. For a while, he sold aircraft parts
and machine tools under the name Auto Avio Costruzioni Ferrari.
After the war,
however, Ferrari moved his factory to Meranello. The factory was bombed
in 1946, and soon rebuilt with a wing for producing road-legal
vehicles. The first one was the 1947 125S, equipped with a powerful
V-12 engine. The commercial cars produced by Ferrari were recognized
for their performance and aesthetic appeal, and soon became status
symbols.
The
Scudiera-"Team Ferrari"-was influential in racing from the end of World
War II, when it started entering competitors into the European Grand
Prix. In 1950, Ferrari's company sponsored drivers in the first Formula
1 World Championship.
A member of the team, Alberto Ascari, won the championship the next
year. Luigi Chinetti, one of the Scudiera's drivers, eventually opened
up the company's wing in North America: the North American Racing Team.
Chinetti also sold Ferraris in America, keeping Ferrari's business
funded through its early years through sales to wealthy Americans.
Although the
prestigious sports cars sold for a lot of money, the profits they
generated were not enough to keep the company from hitting financial
trouble in the 1960's. Ferrari was forced to allow Fiat to buy a stake
in the company, and after a lengthy negotiation process Fiat bought a
small share in 1965.
In 1969, the company increased their share to 50%. Ferrari stayed on as
managing director of the company until the early 70's, and even when he
left the position he continued to have a strong influence on the
company. He died in 1988, at the age of 90.
Enzo Ferrari
was known for his eccentricities, including his famous contempt for his
commercial customers. He was always reluctant to build road cars. He
was upfront about the fact that he only built and sold commercial cars
to fund the racing end of his business. Despite his enormous success
with commercial vehicles, Ferrari claimed to dislike his customers
because they bought his cars for the status symbol, not for
performance.
Ferrari had a son, Alfredo
"Dino" Ferrari, whom he groomed to be his successor. He sent Dino to
engineering schools in Switzerland and encouraged him to develop new
ideas for the company.
Unfortunately, Dino died at a young age from muscular dystrophy before
he could fulfill his father's dreams for him. After Dino's death in
1956, Enzo Ferrari wore sunglasses almost every day in his honor. The Autodromo Enzo e Dino
Ferrari, an Italian racetrack, was originally named after Dino alone;
Enzo's name was added after his death in the 80's.
Fiat increased their stake in the company to 90% in 1988 after the
founder's death. Today, Fiat has an 85% share in the company. Mubadala,
a Saudi Arabian investment firm, owns a 5% share. Enzo's second son,
Piero, owns 10% of the company and acts as Vice President.
Today, Enzo Ferrari's cars
live on as symbols of wealth and status, and his racecars continue to
make an impact in the world's most prestigious racing competitions. He
never did make it as a professional racecar driver-but with all his
success in the field, his was a life well lived.
If you're looking for a
driving experience of a lifetime then why not try one of our Ferrari
driving experiences.
About
The Author
Janette Vince
is the managing director of
the online company http://www.thanksdarling.com
Thanks Darling offers a wide range of Ferrari driving experiences. For
a selection of Ferrari driving experiences visit http://www.thanksdarling.com/categories/ferrari-driving-experiences.htm
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