Ferrari: Logo Meaning, Evolution, SVG, PNG and Company Overview

The foundations of Ferrari go back to 1929 when Enzo Ferrari founded Scuderia Ferrari. After ten years, in 1939, Enzo Ferrari founded Ferrari, but it was unable to use its name because of issues with Alfa Romeo. It started using its name in 1945 and launched its first car, the 125 S, in 1947.

This car won many races, and later models of Ferrari also won numerous races, contributing to the popularity of the brand. The use of V6 and V8 engines in the 1970s played an important role in Ferrari’s design philosophy.

Unlike other brands, Ferrari has not changed owners frequently. Ford attempted to purchase Ferrari, but Ferrari closed the deal because it feared it would lose its presence as a racing brand. Later, Fiat purchased 90% of Ferrari’s shares, while Enzo Ferrari’s son retained 10% ownership. Today, Ferrari is a public company, with most of its shares held by the public, while 10% is held by Enzo Ferrari’s son.

Ferrari manufactures cars under different names such as supercars, concept cars, and sometimes works on special projects. Special projects allow clients to get a car customized according to their desired design. Clients can also modify these cars through authorized Ferrari dealers. As a brand associated with race cars, Ferrari is often associated with a luxurious lifestyle, and it is commonly bought by TV stars and other affluent individuals.

Ferrari has a broad vision and is expanding into electric cars as well, aiming to reduce the impact of fossil fuels on the environment. Additionally, Ferrari has a presence in the entertainment industry. It operates two theme parks: Ferrari World Abu Dhabi and Ferrari Land in Europe. Furthermore, Ferrari holds trademarks on various items that carry the Ferrari identity.

Ferrari has a market capitalization of 75.13 billion EUR, with a revenue of 1.52 billion EUR and a net income of 293.51 million EUR. According to its financial statements for 2023, Ferrari has total assets of 8.05 billion EUR and liabilities of 4.98 billion EUR.