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Q: When did Enzo Ferrari start his own company?
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Where did Enzo Ferrari start his own company?

Maranello, Italy


What where the reasons for Enzo Ferrari to start the company Ferrari?

Firstly his name was Enzo Ferrari. He wanted to buy part of Ford and Ford said no. So Enzo he was a billionaire and wanted to start building his own car to beat ford at the races and to show him he can make his own car that was just as good as fords if not better. The car company was called Ferrari.


What is the purpose of Ferrari of being made?

Enzo Ferrari (the founder of Ferrari) started his own car company in the 1930's after working at a factory. The main purpose of a Ferrari is speed and sound. The Ferrari Enzo was made to remember Enzo Ferrari.


What inspired Enzo Ferrari to make Ferrari?

He used to work at a car factory in his 20's and when he left decided to make his own company.


Who own the company Ferrari?

As of 2004, Fiat Group owns 56% of Ferrari, Mediobanca owns 15%, Commerzbank owns 10%, Lehman Brothers owns 7%, and Enzo's second son Piero Ferrari owns 10%. Of these, Ferrari is under main control of the Fiat Group, containing Alfa Romeo as well.


Is it true Akiyama Acez was arrested for racing a Ferrari Enzo?

No. He doesn't even own that car. Its just lies.


Why did Lamborghini switch from making tractors to making sports cars?

Legend has it that if Enzo Ferrari had been a bit less arrogant, the name Lamborghini might still be associated mostly with tractors instead of with some of the world's finest sports cars. Lamborghini tractors and Ferrari sports cars used the same clutch which had some quality issues. When Ferruccio Lamborghini , who was born on April 28th in 1916, approached Enzo Ferrari to discuss a possible solution to the problem, Ferrari told Lamborghini to stick to his tractors and leave sports car design to him. Lamborghini took the words as a challenge and went on to design some of the world's fastest and most expensive high-performance sports cars.


What is the mission statement of Lamborghini?

To out perform Ferraris. Legend has it that in the 1960s, a tractor builder named Lamborghini bought himself a Ferrari but was dissatisfied with it as well as the customer support that came with it. He also found Mr. Enzo Ferrari's attitude to be offensive, so he vowed to beat Ferrari at his own game. The rest is history.


Why Ferrari doesn't need marketing?

Ferrari marketing strategy. FRom: http://www.vertygoteam.com/Ferrari is a myth and a legend in the automotive industry.Yet, Ferrari never spent a penny in communications or in advertisement. Ferrari is a typical "no marketing" winner. In reality they did a great marketing "unawarely". Passion is their marketing.Enzo Ferrari, driven by his own passion, not only built the most beautiful and fastest sports cars in the world, he brought Ferrari to car racing from the start, and his passion for engines made Ferrari a legend in the racing world. Enzo Ferrari drove his passion and excitement in racing to supporters all around the world, he made the Ferrari legend and Ferrari became a myth. Ferrari never left car racing and Formula 1 and the synergies between Ferrari Formula 1, Ferrari gorgeous sports cars, Emotion and Passion have been and still are the winning marketing strategy of Ferrari.


What is the ticker symbol for Ferrari?

Ferrari does not have it's own ticker symbol. Ferrari Motor Company is owned by Fiat. Fiat is traded on the Italian Stock Exchange under the symbol F.


What inspired Enzo Ferrari to make the Ferrari's?

Enzo once raced for Alfa Romeo and enjoyed it so he started his own F1 racing team; Scudara Ferrari and the main reason why Ferrari started making road cars was because he wanted to fund his racing team. What probably inspired him to make buitiful exotics as oppose to everyday cars was that sports cars are more expensive; therefor make more money, after all the whole purpose behind it was to make as much money for the racing team as possible.


Why is the Ferrari symbol a horse?

The prancing horse was first used on Lancia racing cars, driven by Enzo Ferrari in the late 1920's. I don't know why, maybe he came from a "horsey" family. When he started to design and make his own cars, the prancing horse went on them.