In 1972 Mr. Giampaolo Dallara founded the “Dallara Automobili da Competizione” in his home town of Varano de’ Melegari a small country town near Parma, Italy, after important job experiences in Ferrari, Maserati, Lamborghini and De Tomaso.

Today the company is a leader in the design and manufacture of racing cars, providing cars as sole supplier to IndyCar, Indy Lights, GP2, GP3, Formula 3.5 V8, Super Formula and Renault Sport Trophy. Dallara also provides cars to all Formula 3 championships, and for instructional leagues such as the Formulino, for the Formula E championship, for WEC, and ELMS.

The three core competencies of Dallara are:
- Design and production, using composite materials in carbon fiber
- Aerodynamics: wind tunnel and CFD 
- Vehicle dynamics: simulation and testing 

In the last years, the Engineering division at Dallara has significantly expanded its activities and it has attracted business from some of the most important names in the automotive industry including Alfa Romeo, Audi, Bugatti, Ferrari, Porsche, KTM, Lamborghini and Maserati.

In 2012, the company opened an engineering centre (Dallara LLC) in Speedway, Indiana, that was formed to be the sole supplier of chassis and components currently used in the IndyCar and IndyLights Series. Since its opening, Dallara LLC has been able to diversify its activities, involving also aerospace and defense industries and by becoming ISO 9001:2008 certified. In 2016, Dallara began a joint venture with Cadillac to design and manufacture an LMP2 car, which became the Cadillac Dpi that races in the IMSA Series.The same building is also home to an edutainment centre, where visitors can learn, while having fun, how a racing car is designed, developed and produced.

Currently Dallara has more than 600 employees, with an average age of around 35. Each year, on average 20% of turnover is reinvested in research and development, that turnover being generated from business of which 90% is done outside of Italy.

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The Speedway office focuses on marketing, event coordination, engineering design, and administrative support.

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