
The organization that became Alfa Romeo was founded as Società Anonima Italiana Darracq (SAID) in 1906 by the particular French automobile firm associated with Alexandre Darracq, with Italian investors. In late 1909, the Italian Darracq vehicles were selling slowly and the Italian partners associated with the company hired Giuseppe Merosi to design brand new cars. On 24 June 1910, a new business was founded named A. L. F. A., primarily still in partnership along with Darracq. The first non-Darracq car created by the company was the 1910 twenty-four HP, designed by Merosi. A. L. F. The. ventured into motor racing, with drivers Franchini plus Ronzoni competing in the 1911 Targa Florio along with two 24-hp models. In August 1915, the organization came under the path of Neapolitan entrepreneur Nicola Romeo, who converted the factory to produce army hardware for the Italian and Allied war attempts. In 1920, the title of the company has been changed to Alfa Romeo with the Torpedo 20–30 HP the first car in order to be so badged.
In 1921, the particular Banca Italiana di Sconto, which backed the Ing. Nicola Romeo as well as Company, went broke and the government needed to assistance the commercial companies included, among which was Alfa Romeo, through the "Consorzio per Sovvenzioni sui Valori Industriali". In 1925, the train activities were separated from the Romeo company, and 1928, Nicola Romeo remaining. In 1933, the state ownership was reorganized under the banner of the Istituto per la Ricostruzione Industriale (IRI) by Benito Mussolini's government, which then had effective control. The business struggled to return to success after the Second Planet War, and turned to mass-producing small vehicles instead of hand-building luxury models. Within 1954, it developed the Alfa Romeo Twin Camera engine, which may remain in production until 1994. During the 1960s and 1970s, Alfa Romeo produced several sporty cars, but battled to make a profit, so Istituto per una Reconstruzione (IRI), the condition conglomerate that controls Finmeccanica sold the marque in order to the Fiat Group within 1986.
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