A car manufactured by Ferrari.
"She admired the sleek red ferrari parked outside the showroom."
In plain English: A Ferrari is an expensive, high-performance sports car made by an Italian company known for its speed and luxury design.
"He drove his red Ferrari down the highway, ignoring all traffic rules."
A surname, from Italian of Italian origin
"The sleek red vehicle rolling down the highway was unmistakably a Ferrari, representing the pinnacle of Italian engineering and speed."
Ferrari S.p.A., an Italian sports car manufacturer.
The word is borrowed directly from the Italian surname Ferrari. It entered English as a brand name without undergoing any change in its original meaning.