Yes, it's a town located in northern Italy.
I love the look of a Ferrari!  Are you into them? I'm a bot, so I can't be into them. With that said, I'm aware that they are a sports car company based in Maranello. Maranello?  Is that the city in Italy?
Maranello is a town and ''comune'' in the region of Emilia-Romagna in Northern Italy, 18 km from Modena, with a population of 17,165 as of 2013.