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The importance of logos cannot be emphasized enough. A logo takes a long time to prepare and there are companies which specialize in creating logos for corporate houses and companies. A logo should be able to indicate at one shot what the company stands for and what it does. Ferrari cars are a status symbol without a doubt as they cost the earth and love up to their reputation of being fast, powerful and stylish. All this is perfectly indicated by their world famous logo, a black prancing horse. Count Francesco Baracca was a world war ace with the Italian air force who was a hero in the eyes of the public. He fought 34 duels in the first World War before he was shot dead. He died young. His plane had carried the symbol of the prancing back horse on its sides as his noble families owned several horses in their estates. After his death, his mother the Countess Paulina met Enzo Ferrari on the Savio track at Ravina at the races. She suggested to him that he might like to adopt the prancing black horse as his symbol. She had felt they would bring him good luck in the future. Well, she certainly spoke the truth as the rest was history.
Ferrari is an Italian sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari in 1929, the company sponsored drivers and manufactured race cars before moving into production of street-legal vehicles in 1947. Fiat acquired 50% of Ferrari in 1969 and expanded its stake to 85% in 2008, which it still holds today. Throughout its history, the company has been noted for its continued participation in racing, especially in Formula One, where it has had great success. Ferrari road cars are generally seen as a symbol of speed, luxury and wealth.