Ferrari is one of the most iconic car manufacturers in the world and has been involved in motorsport since 1947. However, in 1973, the company made the surprise decision to withdraw from the most famous endurance race in the world - the 24 Hours of Le Mans. This decision was taken due to the increasing costs of competing in the race, as well as the threat of Ferrari being beaten by other manufacturers. Despite its current absence from the race, Ferrari has since gone on to win many other races and championships.