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Ferrari S.p.A, competing as Scuderia Ferrari. Italian is the racing division of luxury Italian auto manufacturer Ferrari and the racing team that competes in Formula One racing. The team is also known by the nickname "the Prancing Horse" (Italian: il Cavallino Rampante or simply il Cavallino), in reference to their logo. It is the oldest surviving and most successful Formula One team, having competed in every World Championship since 1950.