Ferrari formula one racing is the best in the formula one world. Ferrari fans around the world watch Formula one every week. What makes Formula one so special? It's hard to say. But Formula one gains more and more interest in public.

Scuderia Ferrari is a division of the Ferrari automobile company, which is concerned with racing. Scuderia means "stable" in Italian and Ferrari is after the name of Enzo Ferrari, the founder of the brand. Scuderia was formed in the year 1929 and consisted of 40 racecar drivers including Enzo at that time.

Ferrari achieved great success in the Le Mans Races. The team made its debut into Formula One at the Italian Grand Prix with the model 125F1. Since then the team has been involved in the Formula One Racing and is one of the best racing teams in Formula One history.

Few of the finest drivers such as Niki Lauda, Phil Hill, Lorenzo Bandini and Michele Alboreto have contributed towards the success of the Ferrari Formula One team over the years. Felipe Massa and Kimi Raikkonen are the current contracted drivers for the team. Both the drivers have been signed for three years contract after the retirement of "Michael Schumacher". Michael Schumacher was the one of the best race drivers in the history of world racing.

Marlboro was a major sponsor for the Ferrari team since 1984. They backed the team till 2005, but had to withdraw, as tobacco sponsorship was made illegal in the European Union. Acer was one of the sponsors for the company till late 2008. Acer also sold laptops with Ferrari badges. Vodafone was also one of the sponsors till 2005, however they too withdrew in favor of the McLaren team.

Many others played the part of sponsors for the Ferrari racing team. FIAT is a major sponsor of the team including others such as Bridgestone, AMD, and Martini. Ferrari also saw sponsorship from the Gulf, such as Mubadla, an investment company of Abu Dhabi and Etihad Airways.

The Ferrari racing team has achieved great success over the years particularly in the Formula One racing championships. The team and its drivers have won the "Mille Miglia"' 8 times, the "Targa Florio" 7 times and the "24 Hour Le Mans", 9 times. Formula One achievements for the team are still marked distinctly.

Most Constructors Championship: 15, Most Drivers Championship: 15, Most wins (all time): 208, Most wins (season): 15, Most podiums (all): 617, Most podiums (season): 29, Most points (all): 4,887.27, Most points (season): 262, Most pole positions (all): 201, Most pole positions (season): 262, Most fastest laps (season): 262, Most fastest laps (all): 215, Highest winning percentage: 26%

The Ferrari team also managed to lead over Ford as the most successful F1 engine manufacturer with 182 wins compared to Ford's 176 wins.

With years of hardship and trial, the Ferrari team still continues to dominate the Formula One racing world with its unmatchable endurance. The team has witnessed a massive fan following over the years. Italian fans for the team are known as "tifosi". Recently, the Ferrari Formula one team saw its first win of the year 2008 at the Malaysian Grand Prix.