Prancing Horse their advice and started to use the black Prancing Horse on a yellow background (yellow being one of the colours of the city flag of his native Modena) as the official Ferrari logo. Initially, all Scuderia Ferrari's cars were manufactured by Alfa Romeo, but after the foundation of Auto Avio Costruzioni (later known as "Ferrari"), Ferrari began to use his Ferrari cars. The "Prancing Horse" is used as part of Ferrari and Scuderia Ferrari logos, on "tifosi"<nowiki>'</nowiki>s flags and as a Ferrari symbol. Prancing Horse The Prancing Horse () is the symbol of Italian sports car manufacturer Ferrari and its
Horse Racing Ireland Horseracing Authority, the 1994 successor to the Racing Board founded in 1945. In addition to fulfilling regulatory and promotional functions, Horse Racing Ireland owns Fairyhouse, Leopardstown, Navan and Tipperary racecourses. The group's current chairperson is Mr Joe Keeling and its CEO Mr Brian Kavanagh. The industry still contributes significantly to the Irish economy. Bloodstock sales, Tote betting and racecourse attendances produced significant growth in 2011, figures issued by Horse Racing Ireland (HRI) show. This marks a positive upturn for the industry which had suffered severe contraction since 2007 across almost all areas. In 2004 this contribution was estimated to be