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Ferrari S.p.A. (Ferrari) is an Italian automobile brand, maker of high end sports cars. Ferrari was founded in 1929 by Enzo Ferrari as a firm working on and producing race cars. The first road car, the 125 S, was manufactured in 1947.
Ferrari won Mile Miglia, LeMans, Formula 1 and multiple other races starting in the 1940's and have continued this trend into the modern era.
Enzo Ferrari sold a 50% stake of the company to the Fiat Group in 1969, a figure that rose to 90% in 1988, the year after the F40 was produced.