Now a part of the Fiat group, Ferrari is one of the most expensive high-performance cars in the world. Founded by Enzo Ferrari in 1929, as Scuderia Ferrari, the company initially sponsored drivers and manufactured race cars before moving into production of street-legal vehicles after World War II. The brand has had major success on the racing circuit in Formula One, and Ferraris are widely seen as one of the ultimate status symbols.
The luxury sports carmaker is recalling 2,222 vehicles in China alone, nearly every vehicle it has sold in the country from 2018; it advised owners to stop immediately if the warning light comes on.
The sport’s danger-tinged glamour pulls in a global audience and dozens of big name investors – from top carmakers to luxury brands and even governments who spend billions on drivers, cars and racetracks
In 2002, Canto-pop star Nicholas Tse was arrested by Hong Kong police anti-corruption officers over allegations that the singer switched drivers after crashing his Ferrari in Central.
The franchise has made billions out of an all-action format with lots of fast cars, and F9 offers plenty more where that came from with WWE wrestler John Cena joining a star-studded cast
Petrolheads and watch collectors take note: the Swiss watchmaker will back racing endeavours from Formula One to the Ferrari Challenge, while a new line of cutting-edge collaborative timepieces is in the works