The team was founded by Enzo Ferrari in 1929, initially to race cars produced by Alfa Romeo. By 1947, Ferrari had begun building its own cars. The team is known for its passionate support base, known as the tifosi. The Italian Grand Prix at Monza is regarded as the team's home race.
As a constructor in Formula One, Ferrari has a record 16 Constructors' Championships. Their most recent Constructors' Championship was won in 2008. The team also holds the record for the most Drivers' Championships with 15, won by nine different drivers including Alberto Ascari, Juan Manuel Fangio, Mike Hawthorn, Phil Hill, John Surtees, Niki Lauda, Jody Scheckter, Michael Schumacher, and Kimi Räikkönen. Räikkönen's title in 2007 is the most recent for the team. The 2020 Tuscan Grand Prix marked Ferrari's 1000th Grand Prix in Formula One.
Michael Schumacher is the team's most successful driver. Joining the team in 1996 and driving for them until his first retirement in 2006, he won five consecutive drivers' titles and 72 Grands Prix for the team. His titles came consecutively between 2000 and 2004, and the team won consecutive constructors' titles between 1999 and 2004, marking the era as the most successful period in the team's history. The team's drivers for the 2026 season are Charles Leclerc and seven-time Formula One World Champion Lewis Hamilton.
Among its important achievements outside Formula One are winning the FIA World Endurance Championship, World Sportscar Championship, 24 Hours of Le Mans, 24 Hours of Daytona, 12 Hours of Sebring, 24 Hours of Spa, Targa Florio, and Mille Miglia. Its customers have also secured victories at events including Petit Le Mans, Nürburgring 24 Hours, Bathurst 12 Hour, and Carrera Panamericana.
Ferrari produces engines for its own Formula One cars and has supplied engines to other teams. For the 2026 season, Ferrari supplies the Haas F1 Team and Cadillac.
In keeping with their Italian roots, the Ferrari works team has always kept a red colour in the tradition of rosso corsa, the national racing colour of Italy. However, in the last two races of the 1964 season, Ferrari cars were entered in American national racing colours (white with blue lengthwise "Cunningham racing stripes") to protest against Italian racing authorities.
On 24 April 2024, the team announced a multi-year title partnership with HP Inc., renaming the team as Scuderia Ferrari HP from the 2024 Miami Grand Prix onwards.
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