Ferrari S.p.A is an Italian automobile manufacturer that produces high-end exotic sports cars. Hot Wheels has made many different Ferrari models, starting in 1970. The licensing agreement with Ferrari ended on December 31, 2014; it has been mutually decided to not renew the agreement, nor are there any plans to do so. The rights to produce Ferrari toys currently belong to May Cheong Group, owners of the Maisto and Bburago brands. Hot Wheels has previously borrowed castings from Maisto, as seen in the Red Rooster line.
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