Ferrari is an Italian luxury sports car manufacturer based in Maranello, Italy. It was founded by Enzo Ferrari in 1947, and the company has since become one of the most recognizable and prestigious brands in the automotive industry. Ferrari produces high-performance sports cars and racing cars, as well as luxury vehicles. They are known for their signature bright red color and sleek design, as well as for their powerful engines and advanced technology. The brand has also achieved great success in Formula One racing over the years, winning multiple championships and becoming one of the most dominant teams in the sport.