Founded in 1939 by Enzo Ferrari (1898–1988), the company adopted its current name in 1945 and began producing its line of cars in 1947. Ferrari became a public company in 1960, and from 1963 to 2014 it was a subsidiary of Fiat S.p.A. It was spun off from Fiat’s successor entity, Fiat Chrysler Automobiles, in 2016.
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