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Italian luxury sports car manufacturer
Ferrari S.p.A. is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded in 1939 by Enzo Ferrari (1898–1988), the company built its first car in 1940, adopted its current name in 1945, and began to produce its current line of road cars in 1947. Ferrari became a public company in 1960, and from 1963 to 2014, it was a subsidiary of Fiat S.p.A. It was spun off from Fiat's successor entity, Fiat Chrysler Automobiles, in 2016. The company currently offers a large model range which includes several supercars, grand tourers, and one SUV.
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Ferrari says its leadership decision has not changed despite renewed speculation about Christian Horner. Chairman John Elkann and CEO Benedetto Vigna remain aligned in their support for team principal Frédéric Vasseur.
Ex-Red Bull chief Christian Horner said Ferrari would be the only team he would consider coming back to F1 for without an ownership stake; watch Formula 1s return to Malaysia from Friday morning live on Sky Sports F1 as Sepang hosts the Bahrain Grand Prix
Frederic Vasseur says Christian Horner's public interest in Ferrari has become an exhausting distraction for a team fighting for second in the championship.