Ferrari N.V.
Company History
Ferrari History: Founding, Growth & Key Milestones
Founded 1947 in Maranello, Italy
When was Ferrari founded?
Ferrari was founded in 1947 in Maranello, Italy by Enzo Ferrari, making it 79 years old.
- Founded
- 1947
- Founding place
- Maranello, Italy
- Founders
- Enzo Ferrari
- Headquarters today
- Maranello, Italy
- Milestones documented
- 13 (1929–2026)
- Current CEO
- Benedetto Vigna
- Acquisitions
- 3
| Year | Event |
|---|---|
| 1929 | Scuderia Ferrari Founded |
| 1947 | Company Founded |
| 1969 | Fiat Acquisition |
| 1969 | Acquired Fiat's Acquisition of Ferrari |
| 1987 | F40 Launched |
| 1988 | Death of Enzo |
| 2002 | Enzo Ferrari launched |
| 2015 | Initial Public Offering |
| 2015 | Ferrari IPO |
| 2016 | Separation From Fiat Chrysler |
| 2018 | John Elkann becomes chairman |
| 2021 | Benedetto Vigna becomes CEO |
| 2026 | Luce unveiled |
- Where was Ferrari founded?
- Ferrari was founded in Maranello, Italy in 1947. wikidata.org
- Who founded Ferrari?
- Ferrari was founded by Enzo Ferrari.
- When did Ferrari start?
- Ferrari was founded in 1947.
- How old is Ferrari?
- Ferrari is 79 years old as of 2026.
Founding Story
Enzo Ferrari was a highly complex, highly combative man who hated building cars for regular people. In 1947, he only started selling road-going sports cars for one specific reason: his Formula 1 racing team (Scuderia Ferrari) was bleeding large amounts of cash, and he needed money to fund the race cars. He viewed the wealthy aristocrats who bought his street cars with mild contempt, seeing them merely as a funding mechanism to help his engineers beat Alfa Romeo and Maserati on the race track. This intense, racing-first DNA completely defined the well-known brand.
Founders
Enzo Ferrari
Enzo Ferrari, famously known as 'Il Commendatore', was a complex, notoriously abrasive, and effective figure. He didn't care about selling road cars; his only passion was winning races. When Alfa Romeo withdrew its racing support, Ferrari left to build his own cars, legally barred from using his own name on a car for four years. In 1947, the first true Ferrari, the 125 S, drove out of the factory gates in Maranello. For decades, Enzo viewed the wealthy clients who bought his road cars largely as a nuisance, a necessary evil to generate cash to fund his Formula 1 and Le Mans teams. He was famous for pitting his own engineers and drivers against each other to drive performance, resulting in a culture of extreme pressure and historic victories. He ran the company with total autocratic control until he sold a 50% stake to Fiat in 1969 to ensure the financial survival of his racing team. He died in 1988 at the age of 90, having built the most famous automotive brand in history purely as a byproduct of his racing obsession. Born in Modena in 1898, Enzo developed an early fascination with auto racing after attending a track event with his father. Despite a lack of formal engineering education, his natural charisma, ambition, and sheer force of will allowed him to assemble and manage teams of effective engineers and drivers. Enzo Ferrari was born in 1898.
Key Milestones
Scuderia Ferrari Founded
Enzo Ferrari founded the Scuderia Ferrari racing team in Modena in 1929.
Source: en.wikipedia.orgAcquired Fiat's Acquisition of Ferrari
Ferrari acquired Fiat's Acquisition of Ferrari. In 1969, Enzo Ferrari, facing mounting financial pressure to fund his racing operations and modernize his road car production facilities, sold a 50% stake in his company to the Italian automotive giant Fiat S.p.A.
Source: en.wikipedia.orgInitial Public Offering
Ferrari completed its IPO on the New York Stock Exchange.
Source: en.wikipedia.orgSeparation From Fiat Chrysler
Ferrari completed its separation from Fiat Chrysler Automobiles in January 2016.
Source: en.wikipedia.orgJohn Elkann becomes chairman
John Elkann became chairman of Ferrari in 2018. Represents Ferrari's largest shareholder, Exor, on the board and oversees long-term strategy.
Source: ferrari.comBenedetto Vigna becomes CEO
Benedetto Vigna became CEO of Ferrari in 2021. Vigna's leadership marks a profound shift for Ferrari, emphasizing digital innovation and sustainable performance over pure internal combustion heritage.
Source: en.wikipedia.orgMajor Acquisitions
Carrozzeria Scaglietti
1977Ferrari formally acquired coachbuilder Carrozzeria Scaglietti in Modena, which had hand-crafted Ferrari aluminum bodies since the 1950s.
Dino Brand and Powertrain Assets
1976Consolidated the mid-engine Dino sports car manufacturing operations directly under the official Ferrari prancing horse brand.
Ferrari Financial Services Europe
2014Acquired captive customer vehicle financing and client leasing operations from Fiat Group joint ventures.
Keep researching Ferrari
Ferrari Company History FAQ
How did Ferrari start?
Ferrari was founded in 1947 by Enzo Ferrari. However, Enzo had zero interest in selling cars to the public. He originally founded the Scuderia Ferrari racing team in 1929. He only started building and selling street-legal sports cars reluctantly, purely as a way to finance his incredibly expensive obsession with Formula 1 racing.
Related Strategic History
Compare founding milestones and corporate evolution
Explore Ferrari
Core profile pages, founders and related research hubs for this company.