Ferrari is the world's top manufacturer of sports cars and racing cars. It was founded by Enzo Ferrari in 1929 and headquartered in Modena, Italy Maranello near Modena. At first, Ferrari mainly sponsored racing drivers and produced racing cars. Later, Ferrari began to independently produce cars in 1947. Ferrari is subordinate to Fiat, one of the world's top ten automobile manufacturing companies (Fiat), but it operates independently of Fiat. Ferrari's production is very low because most of its cars are made by hand. In 2011, the best sales performance in Ferrari's history was 7195 units.
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