Ferrari entered the 2.0 L 4-cyl Ferrari Tipo 500, which went on to win almost every race in which it competed in the 1952 Formula One season with drivers Ascari, Giuseppe Farina, and Piero Taruffi; Ascari took the World Championship after winning six consecutive races.
Skonstruiral ga je Alberto Massimino in je bil prvi pravi Ferrarijev dirkalnik.