What comes to mind when you hear or read the word Ferrari? Many think of fast cars or possibly see the color red. Below is a list of facts about one of the world’s most famous vehicles:
Ferrari’s famous badge was a coat of arms for a war veteran. The black horse rearing up on its black legs was once the crest for a family of a man who died during WW1. Francesco Baracca was a pilot during the war who lost his life during the battle. He would paint the symbol on to his planes. After his death, the mother of Baracca gave Ferrari the OK to use the logo for their cars.
Ferrari Is a Name That Many Know, However, There Facts About The Company Many May Have Never Heard Before
Cars aren’t the only thing bringing home the bacon. Ferrari, as with many other brands, makes money from selling all kinds of merchandise. Whether it be clothing or toys, the brand has money coming in from all over.
Ferrari, like many other brands, also makes a pretty penny from selling a wide variety of merchandise. From toys to clothing and accessories, the Ferrari brand is so much more than just vehicles.
Ford owns most of the Ferrari Brand. Fiat owns a 90% stake in the company.
There is a Ferrari theme park in Abu Dhabi. In 2010, the doors to the theme park were first opened. It is the world’s largest indoor theme park.
For a while, the company had production limits. According to chairman Luca di Cordero Montezemolo, they did so as a means not to dilute the market of their products. However, it didn’t last long. In 2014, Sergio Marchionne became chairman and chose to do the opposite. They were making 7,200 units are year with a plant to boost the number to 10,000 a year.