The development of the 312T began in 1974, as it became apparent that problems with the handling of the then current 312B3 chassis could not be solved, and a radical re-think was required. As with all Ferrari F1 cars of this era, the design of the new model was led by Mauro Forghieri.
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Ferrari S.p.A. is a sports car manufacturer based in Maranello. Founded by Enzo Ferrari in 1939 as Auto Avio Costruzioni, the company built its first car in 1940, the company's inception as an auto manufacturer is recognized in 1947 when the first Ferrari-badged car was completed.