Ferrari 575m Maranello
In 1940 Enzo Ferrari left Alfa Romeo and started a new company Auto-Avio Costruzioni Ferrari. During World War II the Ferrari workshop moved from Modena to Maranello. The workshop became a victim of the war in 1944 - it was leveled by bombs. A year after the war in 1946 the shop was rebuilt and work began on the first ever Ferrari motorcar, the 125 Sport. This car started a grand tradition of winning for Ferrari. Since it's first race in 1947, Ferrari's have had over 5,000 successes on race tracks around the globe.
In 1969 Enzo Ferrari sold 50% of Ferrari's share capital to the Fiat group. That figure grew to 90% in 1988. Enzo Ferrari died at the age of 90 in Modena on August 14, 1988.