Founder Enzo Ferrari was born near Modena, Italy in 1898. He became fascinated with cars after seeing his first race at the age of 10.
The factory where the first Ferrari rolled out was used to make ball bearings for the war effort.
A little later the firm moved to the area of Maronello where the factory was destroyed by bombs.
The factory was rebuilt in 1946 and it was renamed Ferrari.
On June 17, 1923, Enzo was entered by Alfa Romeo in a race at Revenna. He swept to victory with his 3-litre machine in spite of being up against more powerful ones.
After the event, a man pushed through the crowd to shake his hand.
It emerged that the fan was the father of Francesco Baracca a legendary First World War Italian fighter ace who shot down 35 enemy planes.
His squadron had sported a yellow shield with a prancing horse in the centre.
His family presented their son's badge as an acknowledgement of Ferrari's bravery on the track.
American giant Ford made an $18 million bid for Ferrari in 1963 but the deal collapsed when Enzo Ferrari insisted that he wanted to be allowed to run the racing side of the company.
In 1969 the firm was bought out and became part of the Fiat Empire. Enzo Ferrari stayed with the firm until his death in August 1988, aged 90.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article