David Rosenthal

And they also own and control Ferrari.

Don't worry.

Yes.

Yes.

So back to Enzo here in 1918.

Fiat, of course, rejects his job application because, again, he has no discernible skills.

But Enzo is persistent.

And in 1919, he lands a job at a new startup automobile company called CMN.

And there...

He pledges his future salary, like the next several months of his salary, to purchase for himself one of the company's sports cars that he then goes off and takes racing.

So he didn't have to sell his house to finance this dream, but he did pledge his future salary.

Now, this is an important point to land here.

With very few exceptions, one of which we'll talk about in just a minute, motor racing at this point in time was a private individual sport.

Drivers generally bought and raced their own cars, either because they were independently wealthy and successful and could afford their own staffs and mechanics to maintain these cars.

These were folks known as gentlemen racers.

That's right.

I've heard that term.

Yes.

And this is the group of people that ultimately, once Ferrari gets founded...

become Enzo's core client base.