Classic Ferrari Insurance

Few symbols evoke the same feelings of passion and desire as the ‘Cavallino Rampante’ (prancing horse) on the nose of a Ferrari or hearing the engine of one of Italy’s most desirable sports cars as it drives past. Carole Nash Insurance offer a range of policies for your Classic Ferrari, along with several useful features when covering your pride and joy.

After a 20-year career at Alfa Romeo, first as a test driver for Alfa Romeo, later head of the Alfa Corse factory racing team, Enzo Ferrari left the car manufacturer in 1939 to form his own company. Auto Avio Costruzioni operated from the Scuderia Ferrari racing team base in Modena which he had established previously.

In 1940, Auto Avio Costruzioni produced its first car, the 815 Spider for the Mille Miglia race, but the outbreak of the Second World War ceased any further racing activities. In 1943, the company relocated to Maranello, at the same time applying the Ferrari trademark and, in 1947, the first Ferrari emerged from the factory, called the 125 S.

This same model went on to win six of the fourteen races it entered during the year.

During the 1950s and 1960s, Ferrari built a selection of beautiful vehicles that are incredibly desirable today, including the Ferrari 195 Inter, 212 Inter, 340 America, 375 M, 250 Europa, 375 America, and the 410 Superamerica. In fact, a 1962 Ferrari California 250 GTO is currently the second most expensive car sold at auction, for a price in excess of £52 million.

In 1969, Ferrari sold fellow Italian manufacturer Fiat a 50% stake in the company to meet the growing customer demand. The investment allowed for a factory extension and the creation of some of Ferrari’s most iconic vehicles, including the first mid-engined Ferrari, the Dino, the 208 GTB, 308 GTB, the Ferrari Daytona, Berlinetta Boxer and, arguably the most famous of 20th century Ferraris, the Testarossa.

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