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The business that became Alfa Romeo was founded as Società Anonima Italiana Darracq (SAID) in 1906 by the French automobile firm of Alexandre Darracq, with Italian language investors. In late 1909, the Italian Darracq vehicles were selling slowly and the Italian partners associated with the company hired Giuseppe Merosi to design new cars. On 24 June 1910, a new business was founded named A. L. F. A., at first still in partnership with Darracq. The first non-Darracq car made by the organization was the 1910 twenty-four HP, designed by Merosi. A. L. F. A. ventured into motor racing, with drivers Franchini plus Ronzoni competing in the 1911 Targa Florio with two 24-hp models. Within August 1915, the company came under the path of Neapolitan entrepreneur Nicola Romeo, who converted the particular factory to produce military hardware for the Italian and Allied war attempts. In 1920, the name of the company had been converted to Alfa Romeo along with the Torpedo 20–30 HEWLETT PACKARD the first car to be so badged.
In 1921, the particular Banca Italiana di Sconto, which backed the E. Nicola Romeo and Company, went broke and the government needed to assistance the business companies included, among which was Alfa Romeo, through the "Consorzio for each Sovvenzioni sui Valori Industriali". In 1925, the train activities were separated from the Romeo company, and 1928, Nicola Romeo still left. In 1933, the state ownership was reorganized under the banner of the particular Istituto per la Ricostruzione Industriale (IRI) by Benito Mussolini's government, which then experienced effective control. The organization battled to return to profitability after the Second Planet War, and turned to mass-producing small vehicles instead of hand-building luxury models. In 1954, it developed the Alfa Romeo Twin Camera engine, which would remain in production until 1994. During the 1960s and 1972s, Alfa Romeo produced a number of sporty cars, but battled to make a income, so Istituto per una Reconstruzione (IRI), the state conglomerate that controls Finmeccanica sold the marque to the Fiat Group in 1986.
Alfa Romeo TZ3 Stradale 3 July 2016 Autogespot

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