History
Enzo first Ferrari road car was the 1947 125 sport, with a 1.5L V12 engine; he didn’t want to build and sell his car, but he did it to fund Scuderia. Enzo cars got famous fast for its excellence performers and for prestige.
Enzo had internal tensions in his company, with the Long-Time sales manager Girolamo Gardini. Gardini was ousted, he and some of the Scuderia Ferrari managers and a number of others who stood by them. With this happing many thoughts this might be the end of the Ferari cars. Indeed, the dissidents immediately established a new company, ATS , to compete with Ferrari, and they took one of the best Ferrari racing costumers. Scuderia Screnissima. In this crisis, young engineer called Mauro Forghieri and Long-Time racing bodyman, Scaglietti, stood up and they both were up to the task, they finished the GTO. The GTO went to Sepring with the driver called Phill Hill and they took the first place. It continued to win though 1962. By then, Ferrari became one of the most famous cars in history.
In 1988, when Enzo died, Ferrari finally became a legend. The value of used cars rose, as well as sales of current models. The last new model he commissioned was the specialist F40.
Hiring Michael Schumacher and other members from Benetton excite a comeback of the F1 team, with three wins in 1996, and close yet eventually losing challenges to the driver's championship in the years 1997 to 1999.
As of 2008, Fiat Group owns 85% of Ferrari, Mubadala Development Company owns 5%, 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.
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