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Ferrari, founded in 1939 in Maranello, Italy, is a company producing high-performance sports cars. The company focuses on hybrid and electric powertrains and adopts a multi-powertrain strategy. Historical Development Since 1947, Ferrari has transferred its racing technologies and experience to road vehicles. The brand uses data from Formula 1 to enhance vehicle performance. In the 2020s, the integration of hybrid systems increased, and the SF90 Stradale was introduced as a hybrid model. Product