Famously based in Maranello, Italy, Ferrari is one of a few manufacturers of ultra-luxury supercars. The storied brand was founded in 1929 by Enzo Ferrari in 1929, as Scuderia Ferrari. Fiat acquired a 50% stake in Ferrari in 1969 and expanded its stake to 85% in 2008. Throughout its history, Ferrari has been noted for its continued participation in racing, especially in Formula One where it has had great success. Ferrari’s road cars, past and present, are among the most desirable and expensive on the road.
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