Ferrari secured its first Grand Prix victory at the 1951 British Grand Prix.
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Saudi Arabia became the last country in the world to lift a ban on women driving cars.
Sir Malcolm Campbell broke the world record speed exceeding 300 mph on the Bonneville Flats, Utah, US.
The Ford Motor Company manufactured its ten millionth car.
General Motors filed for Chapter 11 bankruptcy.
Henry Ford and 12 investors incorporated the Ford Motor Company in Detroit, Michigan.