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Ferrari S.p.A. is an Italian luxury sports car manufacturer based in Maranello. Founded by Enzo Ferrari in 1929, as Scuderia Ferrari, the company sponsored drivers and manufactured race cars before moving into production of street-legal vehicles as Ferrari S.p.A. in 1947. Fiat acquired 50 percent of Ferrari in 1969 and expanded its stake to 85 percent in 2008, which it still holds.
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  • (China Daily)2017-06-23 09:38

    MILAN, Italy - Chinese businessman Jiang Lizhang has agreed to buy a 60 percent stake in Italian side Parma, which has just been promoted to the second tier, the club said on Wednesday. Parma also announced that legendary former Argentina forward Hernan Crespo, who played for the club from 1996-200...

  • (China Daily)2017-06-23 09:37

    BAKU - Fresh from a glorious season-saving triumph at one of his favorite venues, Lewis Hamilton sets out to tame his unpredictable and sometimes wayward "diva" of a Mercedes again as the Formula One circus endures sizzling heat at the Azerbaijan Grand Prix. The three-time world champion's victory a...

  • (China Daily)2017-06-15 07:33

    Visit for breaking news and exclusive content Society: Heilongjiang farmer builds and tests microlight Li Bing, a 35-year-old farmer in Daqing, Heilongjiang province, has successfully carried out the trial flight of a microlight aircraft designed and built by himself. A livestream of the test flight...

  • By Yang Yang(chinadaily.com.cn)2017-06-14 10:58

    He Hongzhi, owner of a luxury car-washing shop, washes a car in Chengdu, capital of Southwest China's Sichuan province, on June 10, 2017. [Photo by Wang Xiao from Chengdu Business Daily/VCG]He Hongzhi, a car enthusiast, has found huge business opportunities in the luxury car-washing industry in Chen...

  • (China Daily)2017-06-13 07:09

    MONTREAL, Canada - Lewis Hamilton's love affair with the Canadian Grand Prix continued on Sunday as he won the race for a sixth time and slashed Sebastian Vettel's Formula One championship lead to 12 points. After watching Ferrari sweep to a one-two finish two weeks ago in Monaco, Mercedes hit back ...

  • (chinadaily.com.cn)2017-05-19 14:27

    A 15-floor vending machine aimed at selling luxury cars is seen in Singapore, May 15, 2017. Up to 60 cars can be displayed in the building, which uses a fish-bone lift system to deliver cars to clients within minutes. [Photo/Agencies]Luxury car brands including Bentley, Ferrari and Lamborghini are o...

  • (China Daily)2017-05-09 07:33

    BANGKOK - An online anti-Red Bull campaign has rolled out in Thailand as the public are fueled by the hit-and-run case of the fugitive Red Bull heir, local media reported on Monday. The campaign, known as "Say no to Red Bull", has called on the mass to stop buying Red Bull drinks since Vorayuth Yoov...

  • (China Daily)2017-05-03 07:04

    SOCHI, Russia - After four evenly-contested races, Formula One returns to its European homeland with Ferrari revived and a fiercely-competitive season ahead as champion Mercedes battles to retain its crown. That much became clear after last weekend's see-saw battle at the Sochi Autodrom, where popul...

  • (China Daily)2017-05-02 07:26

    SOCHI, Russia - Valtteri Bottas admitted his first Formula One victory felt "a little bit surreal" but was worth the long wait after securing a tense triumph for Mercedes in Sunday's Russian Grand Prix. The 27-year-old Finn, recruited by Mercedes in January as a replacement for retired 2016 champion...

  • By Li Fusheng In Shanghai(China Daily)2017-04-24 14:09

    Italian carmaker Alfa Romeo makes its China debut with a stellar lineup of models at the Shanghai auto show. [Photo provided to China Daily]Until recently, the name Romeo in China evoked images of almost nothing beyond the character created by William Shakespeare. But the literary figure has a stron...

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