Information about New Cars

In 1929 Enzo Ferrari created his company Scuderia Ferrari in Italy with intentions to invent race automobiles and sponsor amateur drivers – it would be more the fifteen years before Ferrari would create their own street vehicle in 1946. Scuderia is an Italian word and means “stable”, but Scuderia Ferrari is sometime also translated as Team Ferrari.

In 1961 Enzo fired many of his upper management due to a disagreement between him and his income manager Girolam Gardini. This was considered a big loss for the company considering some of the employees that had been let go were Carlo Chiti, the chief engineer, Giotto Bizzarrini, the chief of the experimental sports vehicle development, and Romolo Tavoni, manager for Scuderia Ferrari. The situation got worse when the ex-employees started their own vehicle company called Automobili Turismo e Sport (ATS).

Enzo Ferrari brought on Mauro Forghieri and Sergio Scaglietti to finish the projects that the ex-employees left behind. The 250 GTO model was the biggest job to finish. This new 250 GTO model was to compete with the Jaguar E-type. They completed the 250 GTO model in time to race in the Sebring race and place first in class with driver Phil Hill. From there on the 250 GTO model continued to win races and has become one of the ideal known race automobiles of all time.

In the 1980s Ferrari began to use fuel injection in the street cars, the Ferraris became know as rather fickle vehicles. Even though people think about them unreliable, Ferrari would still attract massive groups of dedicated fans that viewed the unreliability as “distinguishing” rather than an issue. Currently, FIAT controls 56 percent of the Ferrari stocks. All the other stocks are owned by Enzo’s con Piero Ferrari, the Lehman Brothers, Mediobanca, and Commerzbank.

Which automobile is the greatest supercar? Many would argue Ferrari.

Ferrari is one of the ideal sports automobile brands in the world. Enzo Ferrari, based in Marenello, Italy founded the company in 1947. Initially, known as Scuderia Ferrari, the company sponsored race drivers and manufactured racecars, before they started the production of street-legal automobiles in the year 1947 as Ferrari S.p.A. However, till date the company still continues with its racing ventures, especially formula one.

The first Ferrari road automobile was the “1947 125 Sport”, powered by a 1.5 L V12 engine. The intent of manufacturing and selling road automobiles by Enzo was to fund Scuderia Ferrari. This automobile soon gained popularity and a reputation for excellence. Despite the gaining popularity, Enzo was reluctant in selling road cars. He believed that people were buying his automobiles for mere prestige and not for performance.

Ferrari soon emerged as a leading racecar manufacturer and a leading race team. Despite the success of the company, the internal tensions amongst the senior managers had reached boiling points. “Giralamo Gardini” the income manager had problems with the interference of Enzo’s wife Laura in the company. Their disputes and arguments finally led to the resignation of Gardini. Gardini had a strong support in the company. Scuderia manager, “Romolo Tavoni”, chief engineer “Carlo Chitti” and many others had to leave the company alongside Gardini. As a revolt against Ferrari these men formed a new company ATS, to compete with Ferrari. This was known as “The Great Walkout”. With the outburst of this walkout, the company lost one of their ideal racing customers the “Scuderia Serenissima”.

Before the large walkout, the company was working on the “250GTO”. This project then landed in the hands of a young engineer “Mauro Forghieri” and a long time racecar body maker, “Sergio Scaglietti”. This project soon managed to improve things for Ferrari. The Dino road automobiles and legendary models such as the “F275″ and “Daytona” prefabricated their way in the market and were amongst the ideal sellers.

The company witnessed a lot of competition in the primeval 60s due to the emergence of V8 engine powered “Shelby Cobra”. Ford also tried to purchase the company, but unsuccessful in their motives. In the year 1966 Fords, “GT-40 Mark 2″ engines dominated the “24 Hours Le Mans race”. After 1967, the Federation Internationale de l’Automobile (FIA) illegal the use of image engines over 3000cc, which heavily affected the upcoming Ferrari 330P models. To oppose this, Scuderia did not take part in the event.

The company also witnessed great challenges by Porsche in 1968 with models such as the “Porsche908″. However, the Ferrari 312PB models dominated the World Sports Automobile Championship in 1972.

Enzo died in the year 1988 and as a result, the company saw a large rise in the old automobile values as well as income of the new models. The signing of Michael Schumacher was a comeback for the Ferrari F1 Team. From 2004 till date, Fiat Group controls Ferrari and owns 56% stakes of the company.