Key Stats
Ferrari stands as the most iconic luxury sports car manufacturer in automotive history. Founded in 1947 by Enzo Ferrari in Maranello, Italy, the company has built a legendary reputation through racing excellence and engineering innovation. The brand produces high-performance supercars and grand tourers that command premium prices worldwide.
From its origins as a racing team to becoming a publicly traded company, Ferrari maintains exclusivity through limited production. The Prancing Horse emblem symbolizes speed, luxury, and Italian craftsmanship that continues to captivate enthusiasts globally.
Ferrari History
Ferrari Co-founders
Ferrari Revenue
Ferrari revenue demonstrates consistent growth driven by product mix optimization and personalization demand. The company achieved $7.18 billion in 2024 revenue.
Ferrari Market Cap
The market capitalization reflects strong investor confidence in the luxury sports car manufacturer. Ferrari currently maintains a market cap of $72.54 billion.
Ferrari Competitors
Ferrari competes in the ultra-luxury sports car segment against prestigious manufacturers. Each competitor brings distinct engineering philosophies and brand heritage to challenge Ferrari market position.
| Company | Headquarters | Key Models |
|---|---|---|
| Lamborghini | Sant’Agata Bolognese, Italy | Aventador, Huracan, Urus |
| McLaren | Woking, United Kingdom | 720S, 750S, Artura |
| Porsche | Stuttgart, Germany | 911 Turbo S, GT2 RS, 918 Spyder |
| Bugatti | Molsheim, France | Chiron, Veyron |
| Aston Martin | Gaydon, United Kingdom | DBS, Valkyrie, Vantage |
| Maserati | Modena, Italy | MC20, GranTurismo, Quattroporte |
| Mercedes-AMG | Affalterbach, Germany | AMG GT, AMG One |
| Bentley | Crewe, United Kingdom | Continental GT, Bentayga |
| Pagani | Modena, Italy | Huayra, Zonda |
| Koenigsegg | Ängelholm, Sweden | Jesko, Regera |
Ferrari Acquisitions
Ferrari corporate history includes strategic ownership changes that shaped the company trajectory. The most significant acquisition occurred in 1969 when Fiat purchased 50 percent of Ferrari shares. Enzo Ferrari recognized the financial burden of maintaining both road car production and expensive racing programs.
The partnership with Fiat began earlier in 1965 when Ferrari needed assistance producing the Dino V6 engine in sufficient quantities for Formula Two homologation. Fiat manufactured over 7,000 Dino engines between 1966 and 1973, establishing a successful collaboration framework.
When Fiat formalized the acquisition in June 1969, the deal provided Ferrari with capital for expansion while allowing Enzo to retain control over racing operations. This arrangement proved crucial as Ford had attempted purchasing Ferrari in 1963, but negotiations collapsed when Enzo learned he would lose autonomy over the racing division.
The Fiat investment enabled Ferrari to build new production facilities, develop the Ferrari 512 prototype, and construct the Fiorano test track. Following Enzo death in 1988, Fiat increased its stake to 90 percent, with Piero Ferrari inheriting the remaining 10 percent share.
Between 1997 and 2005, Ferrari owned a controlling stake in Maserati. This acquisition allowed Ferrari management and engineering expertise to revitalize the Maserati brand. The Quattroporte Evoluzione represented the successful collaboration during this ownership period.
In 2002, a Mediobanca-led banking consortium acquired 34 percent of Ferrari from Fiat for 775 million euros. This temporary ownership arrangement saw participation from Commerzbank and other financial institutions. Fiat repurchased these shares in subsequent years to regain majority control.
Mubadala Development Company from Abu Dhabi purchased 5 percent of Ferrari in 2005 for 114 million euros, though Fiat bought back this stake in 2010 for 122 million euros.
Ferrari achieved independence in 2016 when Fiat Chrysler Automobiles spun off the luxury brand. The separation created Ferrari N.V. as a public company trading on the New York Stock Exchange under the ticker RACE. This independence positioned Ferrari to maximize brand value while maintaining connections to the Agnelli family through Exor holding company ownership.
FAQs
Who founded Ferrari and when?
Enzo Ferrari founded the company in 1947 in Maranello, Italy, after leaving Alfa Romeo. The first Ferrari-badged car, the 125 S, debuted that same year with a V12 engine design.
What companies does Ferrari own?
Ferrari operates as an independent entity and does not currently own other automotive manufacturers. The company previously held controlling interest in Maserati from 1997 to 2005 before selling the stake.
How many cars does Ferrari produce annually?
Ferrari manufactured 13,752 vehicles in 2024. The company deliberately limits production below market demand to maintain brand exclusivity and preserve high resale values for existing owners.
Who are Ferrari main competitors?
Primary competitors include Lamborghini, McLaren, and Porsche in the supercar segment. Bugatti, Aston Martin, and Mercedes-AMG also compete in ultra-luxury performance markets against Ferrari models worldwide.
Is Ferrari a publicly traded company?
Ferrari trades publicly on the New York Stock Exchange since 2016 under ticker symbol RACE. Public shareholders own approximately 67 percent, with Piero Ferrari holding 10 percent and Exor owning 24 percent.

