| Ferrari's are one of the most expensive cars in the | | | | performance, and sales have increased year on year. |
| world, even when you buy a used Ferrari. So what is | | | | Between 1999 and 2008, sales of Ferraris have |
| the history behind this popular car, and why does it | | | | doubled, from 3,000 sold annually, rising to over |
| continue to do so well, year on year? | | | | 6,000. This goes to show that the Ferrari, although |
| The company was founded in 1929 by Enzo Ferrari. | | | | an exclusive car and expensive both new and used, |
| Originally called Scuderia Ferrari, the company built | | | | is still popular and well received by the modern public. |
| racing cars and sponsored drivers, until it branched | | | | Since 2006, the Ferrari company is 56% owned by |
| into street cars in 1947, which it called Ferrari S.p.A. | | | | the Fiat Group. Other owners include Mediobanca, |
| However Ferrari has always stayed true to its roots, | | | | who own 29 %, Piero Ferrari, who owns 10% and |
| and still manufactures high quality racing cars for | | | | Mubdala who owns 5%. |
| Formula One today. Many of its street cars have a | | | | The traditional yellow shield of Ferrari, with it's black |
| sports car look and feel, taking us back again to the | | | | horse and band of Italian national colours, reminds us |
| origins of the Ferrari company. | | | | of Enzo's passion for racing. Ferrari has participated in |
| During the second world war the company moved to | | | | many Formula One events, with great success and |
| Maranello, where it was bombed to the ground and | | | | opportunities for marketing. When you think of |
| rebuilt in 1946. The first Ferrari motor car it produced | | | | Formula One, the car that is likely to spring to mind is |
| was the 125 Sport. | | | | a Ferrari. This is proof that the years of supporting |
| Enzo Ferrari himself was an unusual character. He first | | | | the racing industries have aided Ferrari greatly in |
| discovered a love for motor racing at the age of ten, | | | | giving us that association in our minds. |
| when his father (who owned a metal business) took | | | | There are lots of different models of Ferraris, with |
| him to see a car race. In his professional years, Enzo | | | | new ones being brought out all the time. We can look |
| was said to have been widely known for his attitude | | | | forward to seeing a brand new model of Ferrari this |
| of dislike towards Ferrari customers. He thought that | | | | summer in fact, 2010. Ferrari is a car that has been |
| the sort of people who were buying Ferraris were | | | | used as a symbol of power and wealth, and it is |
| doing so just to flash their money about and get the | | | | commonly used in the media, in films for example, to |
| prestige of having one, rather than truly appreciating | | | | put this association across. Whether you want a new |
| their performance value and their racing car roots. | | | | or used Ferrari, you are buying into an exclusive club |
| Despite this, Ferrari gained a reputation for | | | | of luxury and superiority. |
| manufacturing excellent quality cars with fantastic | | | | |