Abarth & C. S.p.A. is a racing car and road car maker founded by Italo-Austrian Carlo Abarth in 1949. Its logo is a shield with a stylized scorpion on a red and yellow background. Abarth & C. S.p.A. is a fully owned subsidiary of FCA Italy S.p.A. (formerly Fiat Group Automobiles S.p.A.), the subsidiary of Fiat Chrysler Automobiles (formerly of Fiat S.p.A.) controlling its European automotive production activities.