Ferrari is an Italian automotive manufacturer in the Formula One World Championship, also involved in high-end and high-performance race cars, supercars, and sports cars. The company was founded by Enzo Ferrari in 1929. At first, Scuderia Ferrari sponsored drivers and manufactured racecars; the company went into independent car production in 1946, eventually became Ferrari S.p.A., and is now controlled by the Fiat group. The company is based in Maranello, near Modena, Italy.
Enzo Ferrari's true passion, despite his extensive road car business, was always auto racing. His Scuderia started as an independent sponsor for drivers in various cars, but soon became the Alfa Romeo in-house racing team. After Ferrari's departure from Alfa, he began to design and produce cars of his own; the Ferrari team first appeared on the European grand prix scene after the end of World War II.
The Scuderia joined the Formula One World Championship in the first year of its existence, 1950. Jose Froilan Gonzalez gave the team its first victory at the 1951 British Grand Prix. Alberto Ascari gave Ferrari its first World Championship a year later. Ferrari is the oldest team left in the championship, not to mention the most successful: the team holds nearly every Formula One record.