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Enzo Ferrari was an Italian car maker, designer, and racing driver who was born in Modena, Italy, on February 18, 1898, and died there on August 14, 1988. In the second half of the 20th century, Ferrari automobiles frequently won international racing competition.
After World War I, Ferrari raced test vehicles for a tiny car manufacturer in Milan. He started driving racing cars for the Alfa Romeo Company in 1920, and in 1929 he established a racing stable called Scuderia Ferrari. This squad continued to represent Alfa Romeo even after Ferrari himself stopped competing in races in 1932. For Alfa Romeo, the first racing vehicle entirely created by Ferrari was constructed in 1937. Ferrari created Ferrari SpA in 1939, severing his team’s ties to Alfa Romeo, but it wasn’t until 1946, during World War II, that the company began producing its first race vehicles. The company’s automobiles quickly gained a reputation for their incredible speed and exquisite excellence. From the 1950s on, Ferrari’s Formula 1 racers and sports cars won numerous Grand Prix events and manufacturers’ championships, at times overwhelming the field. The company’s high-end sports cars developed a similar reputation for speed and deft handling.
Enzo Ferrari sold Fiat SpA a 50% stake in his business in 1969, although he stayed in charge of the corporation as president until 1977 and the Ferrari racing team until his passing.
In This Article...
EVOLVE FERRARI
The Ferrari founder is the subject of this article. Enzo Ferrari is the name of the car that bears his name (automobile). Enzo Ferrari is the name of an Italian football player and manager (footballer). See Enzo Ferrari for further uses (disambiguation).
Itzhak Anselmo Giuseppe Maria Ferrari, Cavaliere di Gran Croce OMRI (Italian: [‘entso an’selmo fer’ra:ri]; 20 February 1898 – 14 August 1988), was an Italian race car driver and businessman who founded the Scuderia FerrariGrand Prix racing team and later the Ferrari car company. His nicknames were “il Commendatore” and “il Drake.” In his later years, he was frequently referred to as “il Grande Vecchio” (the Great Old Man) or “l’Ingegnere” (the Engineer).
Ferrari
The automaker is the subject of this essay. See List of Ferrari Road Cars for a list of the road models that Ferrari has made. Scuderia Ferrari is the name of the Formula One team. Ferrari, the 2003 biographical movie (film). Enzo Ferrari is the name of the founder. Ferrari has other uses as well (disambiguation).
In 1969, Fiat S.p.A. purchased 50% of Ferrari, and in 1988, it increased its ownership to 90%. Fiat Chrysler Automobiles (FCA), which at the time of the announcement owned 90% of Ferrari, said in October 2014 that it intended to separate Ferrari S.p.A. from FCA. The reorganization that made Ferrari N.V. (a Dutch business) the new holding company of the Ferrari S.p.A. group and the subsequent sale by FCA of 10% of the shares in an IPO and concurrent listing of common shares on the New York Stock Exchange marked the beginning of the separation in October 2015. The remaining parts of the split involved distributing FCA’s investment in Ferrari’s business among FCA shareholders, with Piero Ferrari continuing to retain 10% of it. The spin-off was finished on January 3, 2016.
The business has garnered attention for its ongoing involvement in racing throughout its history, particularly in Formula One, where it is the oldest and most successful racing team, having won the most constructors’ championships (16), as well as the most drivers’ championships (48). (15). Ferrari road vehicles are frequently regarded as a representation of riches, elegance, and speed. The 165,000 square meter (16.5 hectare) Maranello facility is where Ferrari automobiles are made. Ferrari was named the most powerful brand in the world in 2014 by Brand Finance. By market capitalization as of 2021, Ferrari ranks as the tenth-largest automaker at $52.21 billion.
The Enzo Ferrari narrative
Enzo Ferrari led a demanding life, traveling from Modena to Maranello, Turin, and Milan with the sole purpose of creating race automobiles.
Modena experienced significant snowfall on February 18, 1898. Mr. Alfredo Ferrari had to wait two days to record the birth of his second son, Enzo, because it was so hefty. The family resided in the home/workshop that now serves as the renowned constructor’s museum. There there resided his mother Adalgisa Bisbini and their firstborn, Alfredo.
Enzo Ferrari has had a love of vehicles since he was a little child. In 1908, he attended races on the Bologna circuit with his father and brother. Both won’t make it past World War One. Enzo, however, will. He was quickly removed from the front after a Spanish flu outbreak, and in the immediate postwar period, he left for Turin to seek his fortune.
He had aspirations of working for FIAT, but after having his application denied, he began working as a tester for a small “Torpedo” business. His testing career continued with Costruzioni Meccaniche Nazionali in Milan till it grew into a racing driver’s career. In the incline race from Parma to Poggio di Berceto in 1919, he made his debut. His twenty-year partnership with Alfa Romeo began the next year, first as an official driver and later as the director of the racing division.
The Baracca Counts, the parents of pilot Francesco Baracca, asked him to put their son’s coat of arms—a Prancing Horse—on his automobiles in 1923 after he had won the Savio circuit. Enzo Ferrari received the title of Commander in 1929 as a result of his athletic accomplishments. He established the “Scuderia Ferrari” (Ferrari Racing Team), a sporting organization that permitted its members to compete, which quickly developed into a partnership with Alfa Romeo. The Prancing Horse is to serve as his emblem.
Ferrari, who had recently become a father, ended his racing career permanently in 1932. A few years later, his partnership with Alfa Romeo also came to an end. He was about to embark on a new journey, though: Auto Avio Costruzioni, the forerunner of Ferrari, was established in Modena in 1939 before moving to Maranello in 1943.
The Prancing Horse automobile manufacturer was prepared to produce their ideal automobiles, known as the “reds,” after the unavoidable challenges brought on by the war. Ferrari quickly made its racing debut, winning F1 races as well, and its vehicles quickly came to represent innovation and high-end craftsmanship. Dedicated to his son who passed away too soon, Enzo Ferrari established the “Dino Ferrari” High School in Maranello in 1963. The school is still operational today.
Enzo Ferrari was a quiet, modest guy who earned numerous honorary degrees for his accomplishments, including two in engineering from the University of Bologna and one in physics from the University of Modena. He also received the Columbus Prize and the Hammarskjold Prize for Social Sciences. He participated in the creation of the Galleria Ferrari of Maranello as his final project, but he died before the museum was finished. On August 14, 1988, Enzo Ferrari passed away at the age of 90, one and a half years before the Galleria was opened.
GO BACK TO THE STARTING POINT
When the first Ferrari rolled out of the iconic factory gate on Via Abetone Inferiore in Maranello in 1947, the company’s history officially began. The 125 S, as it was known, represented the creator of the company’s zeal and tenacity.
Enzo Ferrari passed away on August 14, 1988, and he was born in Modena on February 18, 1898. He spent his entire life to creating sports automobiles, both on and off the track. After being appointed an official Alfa Romeo driver in 1924, he founded the Scuderia Ferrari on Viale Trento Trieste in Modena five years later, helping largely gentlemen drivers race their automobiles.
Enzo Ferrari was named the leader of Alfa Corse in 1938 but resigned from the position in 1939 to found his own business, Auto Avio Costruzioni, which was based in the former Scuderia facilities.
Two of the 1,500 cm3 8-cylinder 815 spiders made by this new business were constructed for the 1940 Mille Miglia.
The Second World War put an end to all racing operations, nevertheless, and in late 1943 Auto Avio Costruzioni relocated from Modena to Maranello. Ferrari created the 1,500 cm3 12-cylinder 125 S near the close of the war, and Franco Cortese drove it to victory on May 11, 1947, at the Piacenza Circuit.
It won the Rome Grand Prix at the Terme di Caracalla Circuit on the 25th of the same month. Since that critical day, Ferrari has amassed more than 5,000 victories on racetracks and public roads throughout the globe, solidifying its status as a modern legend. Enzo Ferrari sold the Fiat Group a 50% ownership in the business in 1969, and that percentage increased to 90% in 1988 in order to satisfy rising market demand.
The present ownership of Ferrari is as follows: 90% Fiat Group, 10% Piero Ferrari. The shareholders decided to revive the faltering business after the founder passed away in the late 1980s, and in 1991 they appointed Luca di Montezemolo as Chairman.
Under his direction, Ferrari regained its dominance in Formula 1, introduced a number of new models, and entered a number of new markets while maintaining its key principles from the past. Ferrari also started Formula Uomo, a significant redevelopment project that puts workers firmly at the center of corporate life by providing a bright, safe, cutting-edge, and environmentally friendly workplace.
Ferrari currently holds the following titles in motorsport: 15 F1 Drivers’ World Championships, 16 F1 Constructors’ World Championships, 14 Sports Car Manufacturers’ World Championships, 9 Le Mans 24 Hours victories, 8 Mille Miglia victories, 7 Targa Florio victories, and 216 F1 Grand Prix victories.
Ferrari’s fabled emblem has a heroic history. A highly distinguished Italian World War I aviator named Francesco Baracca originally used it as a personal symbol by having it painted on the plane’s fuselage.
Baracca’s parents volunteered to let Enzo Ferrari use the Cavallino Rampante (Prancing Horse) emblem after the war. It became the emblem for his racing team, the Scuderia, which he topped with the Italian tricolor and displayed on a yellow shield in recognition of his city of Modena.
However, in the early years of the 20th century, the International Automobile Federation simply designated Italian grand prix cars with the color known as Ferrari red.
Enzo Ferrari’s genuine tale demonstrates how legends are created.
With the invaluable assistance, breadth of understanding, and artistic ability of Prof. Massimo Grandi
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Enzo Ferrari started a company that would be considered a start-up today in 1920 after deciding that racing would be his livelihood after the Great War.
We are starting out 2021 with the tale of Enzo Ferrari and his different businesses with the help of photos donated by Massimo Grandi. But this will be the real narrative, not the one that most people are familiar with! We will discuss specifics that illuminate how Ferrari was able to forge from nothing a timeless and legendary tale of vision and audacity akin to that of Elon Musk and Steve Jobs that fascinates the entire globe.
The story spans three key phases in Ferrari’s life, and we will be releasing new installments every Monday. In a nutshell, we’ll be examining Ferrari’s early years and his time spent competing, the conception of the Scuderia, and Ferrari the automaker.
The Parma-Poggio di Berceto hill climb was Enzo Ferrari’s first competitive race, which he entered in 1919. He was only 21 years old at the time, and his employer, the automaker CMN, supported him in this endeavor (for which he would drive bare chassis from Turin to Milan, to receive their bodywork). He achieved his first victory at this competition by placing an outstanding fourth!
Enzo, a well-known driver by this point, had the excellent idea to found a club, or Scuderia, in 1932 with the goal of allowing both amateur (i.e., paying) and professional drivers the opportunity to compete. Among the many experts that participated was the well-known Nuvolari. The Scuderia turned out to be a wildly successful and lucrative endeavor.
1940. Following the dissolution of his Scuderia at Alfa Romeo, this was the year when Enzo left ways with the company and started his journey as a vehicle builder. The first vehicle he created was for Auto Avio Costruzioni due to the rules of his “divorce” from Alfa Romeo prohibiting him from using the Ferrari brand name for at least four years (his own firm). The Auto Avio Costruzioni 815 in question made its racing debut in the 1940 Mille Miglia.
The two 815s competing in that race, driven by Lotario RangoniMachiavelli and Alberto Ascari respectively, were both quick but delicate and both had the unfortunate misfortune of breaking down when extremely well positioned. Naturally, the Second World War had already started by then, so everything had to be put on hold. Therefore, it would take some time before Enzo could officially reveal the Ferrari 125. This was the first automobile to bear his name, and the first genuine Ferrari, and it was built in Maranello in 1947.
Every chapter in this tale is based on the wisdom and prodigious talent of a man, whose example may still instruct us on what it takes to succeed, as we shall see…