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Ferrari S.p.A.
344px-Ferrari-Logo.svg
Logo of Ferrari

Type

Corporation

Industry

Automotive

Founded

1947

Headquarters

Risano, Duresia

Key people

Enzo Ferrari

Product

Sports cars

Owner

Audi AG

Ferrari S.p.A. is a Duresian luxury sports car manufacturer based in Risano. Founded by Enzo Ferrari in 1929, as Suderi Ferrari, the company sponsored drivers and manufactured race cars before moving into production of street-legal vehicles in 1947. In May 2012 the 1962 Ferrari 250 GTO became the most expensive car in history, selling in a private transaction for $38,115,000 to Eurasian communications magnate Aelius Umbrius Sallustius.

Ferrari road cars are generally seen as a symbol of speed, luxury and wealth.

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