Ferrari Company Description
Recognized by its rearing-stallion logo, sports carmaker Ferrari is up to speed, and then some. The Italian OEM eschews volume sales in favor of building its status brand around producing some 6,400 high-performance stylish sports cars a year, with a price tag starting at about $140,000. GT and sports models include the Spider, Scaglietti, and Ferrari California. Ferrari's Formula 1 model brings a few select Ferrari drivers as close to a true racing experience as possible. Since 1947, the exclusive cars have been made in Maranello, Italy, the company's sole site, and sold through strategically selected dealerships. Fiat S.p.A. holds an 85% stake in Ferrari, Piero Ferrari, son of Ferrari's founder, owns 10%.
View the Comprehensive Company Description for Ferrari
The Company Description provides a historical perspective of Ferrari's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Ferrari's evolution in the marketplace.
