Ferrari History

One of the most excellent sports car brands all over the world is Ferrari. In 1947, the company was founded by Enzo Ferrari in Italy. It was former known as Scuderia Ferrari. Ferrari supported and sponsored a number of race drivers as well as manufactured racecars, before venturing into the production of legal vehicles in 1947.
"1947 125 Sport" was the earliest road car of Ferrari. In order to finance Scuderia Ferrari, Enzo came up with the idea of producing and selling road cars. Although the period was highly profitable, Enzo was still hesitant with the idea he came up with. For him, people purchase his produced cars for prestige rather than the car's performance.

As time passed by, Ferrari came out as the top racecar producer and a leading race team. The company became successful without knowing that there are hidden tensions among its senior managers. Because of misunderstanding and conflict of ideas, Giralamo Gardini, sales manager of the company who had troubles with the intrusion of Enzo's wife, finally has decided to end his work with the company. Many other people even came along with the resignation of Gardini. They have decided to come up with a fresh and new company that will become Ferraris' competitor. With the many resignations the company had, there was a great loss.
Before a number of resignations, Ferrari was working on a project called "250GTO". This was handled by Mauro Gorghieri and Sergio Scaglietti. The purpose of the project was to improve things. Dino road cars and models such as "F275" and "Daytona" were considered best sellers in the market.
The company had a lot of rising competitors in the early 60s when Shelby Cobra, a V8 engine powered came out. Ford attempted to buy the company but unfortunately, they were unsuccessful in their motives. Ferrari also experienced great challenges with Porsche. This was because of the "Porsche908" model. However, it was still Ferrari 312PB models that conquered the World Sports Championship that took place in 1972.
1988 was the year of Enzo's death. Ferrari saw an enormous increase in old car values and even the sales of fresh new models. It was a comeback for Ferrari f1 team when Michael Schumacher made up his mind to sign up for Ferrari. From 2004 up to the present, Ferrari is still controlled by Fiat Group. The Fiat Group owns a 56% stake in the company. The rest, they say, is history. Ferrari history that is.