Italian supercar manufacturer Ferrari has reported on Thursday that it had achieved record profits in 2016. This year marks exactly 70 years after the first official Ferrari was built, which means the 'Prancing Horse' marque is turning 70.
Enzo Ferrari was a motorsports guy and was brilliant is making race-winning cars in the past. In the early stages of his racing career, Enzo was annoyed by road cars and the team Scuderia Ferrari won several races and championships.
After that, to fund his racing team, Enzo started building road cars. As mentioned above, the first official Ferrari was built 70 years ago. The company is planning to celebrate this occasion by showcasing engineering masterpieces manufactured by the company at the London Classic Car Show.
Since the 1970s, Ferrari production has increased to till date and in 2015 the marque hit record sales of 7,664 cars. The same year, Ferrari expanded its range of V8 and V12 models.
Ferrari stable also includes limited edition models such as LaFerrari, LaFerrari Aperta and the F12tdf. LaFerrari is the first hybrid hypercar to roll out of Ferrari's factory floor.