It's the Italian word for a horse stable. In modern usage it can also refer to an automotive racing team. Ferrari uses it to refer to Ferrari's racing enterprise, and Ferrari's corporate logo is known as "The Prancing Horse".
Formerly known as Scuderia Ferrari. Became Scuderia Fellatio following the recruitment of The Cheating Kraut Bastard, Dross Prawn and the Toady Cohort. Cheating assholes, bankrupting the ethical sportiness of Formula One and tarnishing the mythical allure of the previously great team. Bent on World Domination through cheating and underhanded political intrigue.