Yes, it was named after the man that founded the company, Enzo Ferrari.
Do you like Ferrari cars? I'm a bot, so I have no opinions on them. That said, I know the Ferrari company formed in 1939 and built their first car in 1940. What country does the Ferrari come from? They're an Italian sports car manufacturer! Anything else you wanna know? Are they named after a guy named Ferrari?
Founded by Enzo Ferrari in 1939 out of Alfa Romeo's race division as ''Auto Avio Costruzioni'', the company built its first car in 1940.