Scuderia Ferrari S.p.A. is the racing division of luxury Italian auto manufacturer Ferrari and the racing team that competes in Formula One racing. The team is also nicknamed "The Prancing Horse", with reference to their logo and was founded by Enzo Ferrari in 1929. The idea came about on the night of November 16 at a dinner in Bologna, where Ferrari requested financial help from textile heirs Augusto and Alfredo Caniato and wealthy amateur racer Mario Tadini. He then gathered a team which at its peak included over forty (40) drivers, most of whom raced in various Alfa Romeo BC cars. It is the oldest surviving and most successful Formula One team, having competed in every world champion since the 1950 Formula One season. The team was founded by Enzo Ferrari, initially to race cars produced by Alfa Romeo. Among its important achievements outside Formula One are winning the World Sportscar Championship, 24 Hours of Le Mans, 24 Hours of Spa, 24 Hours of Daytona, 12 Hours of Sebring, Bathurst 12 Hour, races for Grand tourer cars and racing on road courses of the Targa Florio, the Mille Miglia and the Carrera Panamericana.
The team was initially based in Modena from its pre-war founding until 1943, when Enzo Ferrari moved the team to a new factory in Maranello in 1943. Both Scuderia Ferrari and Ferrari's roadcar factory remain at Maranello to this day. The team owns and operates a test track on the same site, the Florano Circuit built in 1972, which is used for testing road and race cars.
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