The business 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 new cars. On 24 06 1910, a new business was founded named A. L. F. A., primarily still in partnership with Darracq. The first non-Darracq car produced 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 with two 24-hp models. Within August 1915, the company came under the path of Neapolitan entrepreneur Nicola Romeo, who converted the factory to produce military hardware for the Italian language and Allied war initiatives. In 1920, the name of the company was converted to Alfa Romeo along with the Torpedo 20–30 HP the first car in order to be so badged.
In 1921, the Banca Italiana di Sconto, which backed the Ing. Nicola Romeo and 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 railway activities were separated through the Romeo company, and in 1928, Nicola Romeo still left. In 1933, the condition ownership was reorganized below the banner of the particular Istituto per la Ricostruzione Industriale (IRI) by Benito Mussolini's government, which in turn had effective control. The business struggled to return to success after the Second Globe War, and turned to mass-producing small vehicles as opposed to hand-building luxury models. In 1954, it developed the particular Alfa Romeo Twin Cam 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 revenue, so Istituto per una Reconstruzione (IRI), the condition conglomerate that controls Finmeccanica sold the marque in order to the Fiat Group in 1986.
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