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Born in Emilia-Romagna, and raised in Modena, Italy, Enzo Ferrari grew up with little formal education but a strong desire to race cars. During World War I he was a mule-skinner in the Italian Army. His grandfather, Alfredo, died in 1916 as a result of a widespread Italian flu outbreak. Enzo became sick himself and was consequently discharged from Italian service. Upon returning home he found that the family firm had collapsed. Having no other job prospects he sought unsuccessfully to find work at Fiat and eventually settled for a job at a smaller car company called CMN redesigning used truck bodies into small, passenger cars. He took up racing in 1919 on the CMN team, but had little initial success.

He left CMN in 1920 to work at Alfa Romeo and racing their cars in local races he had more success. In 1923, racing in Ravenna, he acquired the Prancing Horse badge which decorated the fuselage of Francesco Baracca’s (Italy’s leading ace of WWI) SPAD fighter, given from his mother, taken from the wreckage of the plane after his mysterious death. This icon would have to wait until 1932 to be plastered on a racing car. In 1924 he won the Coppa Acerbo at Pescara. His successes in local races encouraged Alfa to offer him a chance of much more prestigious competition and he was lauded by Mussolini. Ferrari turned this opportunity down and in something of a funk he did not race again until 1927 and even then his racing career was mostly over. He continued to work directly for Alfa Romeo until 1929 before starting Scuderia Ferrari as the racing team for Alfa.

Ferrari managed the development of the factory Alfa cars, and built up a team of over forty drivers, including Giuseppe Campari and Tazio Nuvolari. Ferrari himself continued racing until the birth of his first son in 1932 (Alfredo Ferrari, known as Dino, who died in 1956).

The support of Alfa Romeo lasted until 1933 when financial constraints made Alfa withdraw. Only at the intervention of Pirelli did Ferrari receive any cars at all. Despite the quality of the Scuderia drivers the company won few victories (1935 in Germany by Nuvolari was a notable exception). Auto Union and Mercedes dominated the era.

In 1937 Alfa took control of its racing efforts again, reducing Ferrari to Director of Sports under Alfa’s engineering director. Ferrari soon left, but a contract clause restricted him from racing or designing for four years.

He set up Auto-Avio Costruzioni, a company supplying parts to other racing teams. But in the Mille Miglia of 1940 the company manufactured two cars to compete, driven by Alberto Ascari and Lotario Rangoni. During World War II his firm was involved in war production and following bombing relocated from Modena to Maranello. It was not until after World War II that Ferrari sought to shed his fascist reputation and make cars bearing his name, founding today’s Ferrari S.p. A. in 1945.

The first open-wheeled race was in Turin in 1948 and the first victory came later in the year in Lago di Garda. Ferrari participated in the Formula 1 World Championship since its introduction in 1950 but the first victory was not until the British Grand Prix of 1951. The first championship came in 1952-53, when the Formula One season was raced with Formula Two cars. The company also sold production sports cars in order to finance the racing endeavours not only in Grand Prix but also in events such as the Mille Miglia and Le Mans. Indeed many of the firm’s greatest victories came at Le Mans (14 victories, including six in a row 1960-65) rather than in Grand Prix, certainly the company was more involved there than in Formula One during the 1950s and 1960s despite the successes of Juan-Manuel Fangio (1956), Mike Hawthorn (1958), Phil Hill (1961) and John Surtees (1964).

In the 1960s the problems of reduced demand and inadequate financing forced Ferrari to allow Fiat to take a stake in the company. Ford had tried to buy the firm in 1963 for US$18 million but had been rejected. The company became joint-stock and Fiat took a small share in 1965 and then in 1969 they increased their holding to 50% of the company. (In 1988 Fiat’s holding was increased to 90%).

Ferrari remained managing director until 1971. Despite stepping down he remained an influence over the firm until his death. The input of Fiat took some time to have effect. It was not until 1975 with Niki Lauda that the firm won any championships – the skill of the driver and the ability of the engine overcoming the deficiencies of the chassis and aerodynamics. But after those successes and the promise of Jody Scheckter title in 1979, the company’s Formula One championship hopes fell into the doldrums. 1982 opened with a strong car, the 126C2, world-class drivers, and promising results in the early races.

However, Gilles Villeneuve was killed in the 126C2 in May, and teammate Didier Pironi had his career cut short in a violent end over end flip on the misty backstraight at Hockenheim in August. Pironi was leading the driver’s championship at the time; he would lose the lead as he sat out the remaining races. The team would not see championship glory again during Ferrari’s lifetime.

Enzo Ferrari died in Modena in 1988 at the age of 90 at the beginning of the dominance of the McLaren Honda combination. The only race which McLaren did not win in 1988 was the Italian Grand Prix – this was held just weeks after Enzo’s death, and, fittingly, the result was a 1-2 finish for Ferrari, with Gerhard Berger leading home Michele Alboreto. After Enzo’s death, thee Scuderia Ferrari team has had further success, notably with Michael Schumacher from 1996-2005.

Made a Cavaliere del Lavoro in 1952, to add to his honours of Cavaliere and Commendatore in the 1920s, Enzo also received a number of honorary degrees, the Hammarskjöld Prize in 1962, the Columbus Prize in 1965, and the De Gasperi Award in 1987. In 1994, he was posthumously inducted into the International Motorsports Hall of Fame. Enzo famously used purple ink in his fountain pen, although the reason for this remains unclear.

After the death of his son, Alfredo “Dino” Ferrari, Enzo wore sunglasses just about every day to honor his son.

Buying a used car is a great way to save some money and still get the car you’ve been searching for. Whether you’re constrained by your pocketbook or have certain automotive needs that must be met (such as a backseat for the kids or four-wheel drive for winter weather), today’s used car options deliver almost everything new cars do and at a lower overall cost.

1. Depreciation

The second you drive a new car off the lot, its value depreciates by as much as 20 percent. Studies show that most cars are only worth 60 to 70 percent of their original value three years after their purchase. When you buy a used car, all the depreciation has already been absorbed by the original owner.

2. No Overpriced Dealer Repairs

When you purchase certain makes and models of new cars, the parts covered under warranty aren’t valid if you use your own mechanic. In these instances, your only choice is to return to the dealership to get your repairs done. This is basically the dealership’s way of getting you into their shops with their overpriced service. When you buy a used car, you can get repairs done on your own terms.

3. Save Money

Buying used cars whether you are buying from a used car dealership, car classifieds, or online sites like Craigslist simply costs less money than buying new. New cars run an average of $25,000, while used cars are closer to the $10,000 range. If you’re buying from a private seller, you might even be able to haggle the price down or barter to keep costs low.

4. Save the Planet

While buying a hybrid car might seem like a great way to go green, it actually takes more energy to build a new hybrid than it does to buy a fuel-efficient used car. Every time a hybrid comes off the assembly line, it takes about 46,000 miles of driving before the car breaks even? in the amount of energy it saves through fuel efficiency. Buying a used car in the first place as long as it’s not a gas guzzler will actually reduce your carbon footprint.

5. Lower Car Insurance Rates

Car insurance rates are higher for new cars than they are for used cars. The reasons are simple: new cars are more likely to be financed (and therefore need full coverage), and annual insurance rates can run as high as 20 percent of a car’s sticker price. Buying a newer, more expensive model can end up costing you money for years.

6. Higher Used Car Standards

Thanks to new lemon laws and auto history check websites, it has become easier than ever to determine if a used car has undergone any major damage. Some used car dealerships also offer used car certification, which guarantees that they have been looked over and approved by a qualified mechanic.

7. Avoiding Car Dealerships

When buying a used car, you have a number of places to look. You can peruse car classifieds, visit eBay or Craigslist, or opt for a used car dealership. New cars typically only come from one place – the dealer – so you have limited options when it comes to salesmen and haggling over prices.

8. Finding Good Deals

Owners of new cars can be a pretty finicky set. Many people turn over their cars after one or two years simply as a matter of course, while others may decide that the monthly payments are too high to continue. If you take the time to look for quality used cars, you might find some incredibly good deals from individuals who are motivated to sell.

9. More Bang for Your Buck

When you drive a new car straight off the lot, you typically pay for every added feature. When you upgrade to include a sunroof, tinted windows, and a spoiler, you can leave with a total price thousands of dollars higher than the sticker price. Used cars with these same amenities might cost a little more than those without, but not nearly to the same extent.

10. Used Cars can be just as Reliable if carefully inspected

Although buying a new car may seem like a more responsible choice, no car purchase is guaranteed to be hassle-free. Factory recalls, faulty parts, and required maintanence repairs can occur just as easily in a new car as they can in a used car. As long as you have your used car purchase checked out and you take good care of it, the overall reliability of your car can be just as good as a new car. Further, cars have also become more reliable with advances in technology.

Buying a car – regardless of whether you choose new or used – is a major endeavor that can put a strain on your finances for years. Fortunately, most of the benefits of buying a used car have to do with money. As long as you take your time, evaluate your prospective purchases, and have a mechanic check out the used car before you buy it, you and your used car can spend many happy years together.

Rising economic gloom in every industry has made a great impact on the consumers pocket. Talking about auto industry – ‘buying of a new car’ today has become a dream that would take some time before it comes true. In such a deploring situation, it is better to keep your old car function smoothly. And its true that if you take proper care of your old car, it will deliver more than the desired output. Few important car care tips that would surely take your car in the long run. Just note down these maintenance tips for old car.

Car Maintenance

Most Important – Avoid Rash Driving – Love your vehicle as you love the sophisticated & antique showpieces of your living area. If you drive carefully, you have fair chance of saving your car from any kind of breakdowns.

Go for Routine Maintenance – Its better to spend few dollars every fortnight than to waste thousands of dollars on complete car repair. A closer look at automotive parts and keeping eyes & ears open will help you identify any upcoming problems.

Interior As Well As Exterior Maintenance – One always thinks that it is important to maintain the exterior of vehicle and do not pay attention to the interiors. But friends, you must realize that both the interior and exterior of any vehicle needs equal attention. Ensure that you take care of your car’s interior accessories so that every time you drive, you have a fresh & new feeling.

Brakes As Well As Engine Maintenance – This is one the best way to keep your car functioning properly. Take proper care of your automotive braking system and car’s engine to ensure that your old car doesn’t brake down.

Proper Checks of Automotive Fluids – Keeping a check on the engine fluids or steering fluids always helps. Get the fluids checked after regular interval.

Windshield & Window Glass Maintenance – Obviously, this tip comes under exterior maintenance. But, I guess, it needs special mention. Most of us neglect the windshield or just wipe it off once. Such a cleaning does not even clean the dust & dirt, infact leaves stains.

These were just a few reminders to let your old car function smoothly. Trust me, if you maintain your car, it won’t be necessary to buy a new vehicle when in the midst of economic crisis. Save some money now and you will definitely do so by not spending money on buying a vehicle.

Read 101 Car Maintenance Tips that are easy as well as wont cost you much.