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Abarth was founded by Carlo Abarth in 1949 when he took over Cisitalia’s assets as it went under. Abarth got five 204 sports cars and a D46 single seater and various spares to start his new company.
Abarth & C. S.p.A. is a racing car and road car maker founded by Italo-Austrian Carlo Abarth in 1949. Its logo is a shield with a stylized scorpion on a red and yellow background.
Abarth & C. S.p.A. is a fully owned subsidiary of FCA Italy S.p.A. (formerly Fiat Group Automobiles S.p.A.), the subsidiary of Fiat Chrysler Automobiles (formerly of Fiat S.p.A.) controlling its European automotive production activities.
In the 1960s, Abarth was successful in hillclimbing and sports car racing, mainly in classes from 850cc to 2000cc, competing with Porsche 904 and Ferrari Dino. Hans Herrmann was a factory driver from 1962 until 1965, winning the 500 km Nürburgring in 1963 with Teddy Pilette.
Carlo sold Abarth to Fiat on 31 July 1971. The acquisition was only made public by Fiat with a press release on 15 October. As Fiat was not interested in the Reparto Corse racing operations, these were taken over by Enzo Osella.
Osella obtained cars, spares, technicians and drivers (amongst them Arturo Merzario), and continued the racing activity founding the Osella racing team. Thus ended for Abarth the days of sport prototype and hill climb racing.