Ferrari start work on new Formula 1 factory at Maranello 9 January, 2013 Ferrari has begun work on a new factory building at their Maranello headquarters in Italy that will be home to its Formula One team. “The first excavations have indeed begun of the foundations of the building that will house the offices of the management, engineers and administrative staff along with the working areas of the team,” Ferrari said on its website (www.ferrari.com). It said that the location, already owned by Ferrari, was a car park and was between the renowned Cavallino restaurant and the existing team building that dates back to the days of late founder Enzo Ferrari. Ferrari, the only team to have raced in every Formula One championship since 1950, is currently alone in building its F1 cars and engines on the same site. The road car production line, which turns out thousands of sportscars every year, is also alongside. (Reuters) Subbed by AJN. Tweet Related NewsMarko: Legally it’s not ok that Vettel is already with FerrariAlonso takes a swipe at Ferrari’s Marlboro Man shakeupBottas management play down Ferrari reportsRicciardo: Vettel has great passion for FerrariArrivederci to Mattiacci as Arrivabene becomes Ferrari F1 bossMattiacci future as Ferrari F1 boss uncertainAlonso overcome by emotion on Ferrari farewellNew reports link Brawn, Costa, Bottas with FerrariAlonso hits back after Mattiacci questions motivationRed Bull play hardball block Vettel’s Ferrari test Forza Ferrari That’s great news! Gooo Ferrari!!! fools good news but I hope they manage to make an entire new wind tunnel on time to for the aero dept. Needs work big time.