The story
Founded by Horacio Pagani in 1998, in San Cesario sul Panaro.1
Horacio Pagani, who formerly created and managed Lamborghini's composites department, founded Pagani Composite Research in 1988. This new company worked with Lamborghini on numerous projects, including the restyling of the Lamborghini Countach 25th Anniversary Edition, the Lamborghini LM002, the P140 design concept, and the Diablo. In the late 1980s, Pagani began designing his own car, then referred to as the "C8 Project". Pagani planned to rename the C8 the "Fangio F1" to honour his friend, the Argentine five-time Formula One champion Juan Manuel Fangio.
In 1991, Pagani established Modena Design to meet the increasing demand for his design, engineering, and prototyping services. In 1992, he began construction of a Fangio F1 prototype, and in 1993, the car was tested at the Dallara wind tunnel with positive results. In 1994, Mercedes-Benz agreed to supply Pagani with V12 engines. The cost of these cars are at a total of 2.3 million dollars.
The final car was named the Zonda C12, the first of the Zonda line (the Fangio F1 name was dropped out of respect for Fangio, who died in 1995). It was first presented at the 1999 Geneva Motor Show.
In 2005, Pagani announced that it planned to triple its production output within the next three years, and to enter the US market in 2007.
On 30 June 2010, Pagani claimed a new record for production-based cars using the Pagani Zonda R and completing the Nürburgring in 6:47, beating the Ferrari 599XX.
From Wikipedia’s article on Pagani Automobili, shared under CC BY-SA 4.0.4