Scuderia ferrari () is the racing team division of the ferrari automobile marque. the team races in formula one but has competed in other series in motorsport since its formation in 1929 including sportscar racing. it is the oldest surviving and the most successful team in the history of formula one having competed since 1950. as a constructor, ferrari has a record 16 constructors' championships. the team was founded by enzo ferrari, initially to race cars produced by alfa romeo, though by 1947 ferrari had begun building its own cars. among its important achievements outside of formula one are the world sportscar championship, 24 hours of le mans, 24 hours of daytona, 12 hours of sebring, races for grand tourer cars and racing on road courses of the targa florio, the mille miglia and the carrera panamericana. alberto ascari, juan manuel fangio, mike hawthorn, phil hill, john surtees, niki lauda, jody scheckter, michael schumacher and kimi räikkönen have won 15 drivers' championships for the team.