Ferrari NV is an Italian sports and racing car manufacturer based in Maranello. Founded in 1947 by Enzo Ferrari as the ######## Car from Ferrari, the company sponsored racers and produced racing cars until 1947. Since 1947, it began producing sports cars authorized for use on public roads, under the brand name "Ferrari S. P. A.". Throughout its history, the company participates in various races, especially in Formula 1, where it has the greatest success. The Ferrari emblem is a prancing stallion on a yellow background. The traditional color of cars is red, but the company produces cars in other colors as well.