Pagani Automobili S.p.A. is an Italian manufacturer of sports cars and carbon fibre. The company was founded in 1992 by the Argentinian Horacio Pagani, and is based in San Cesario sul Panaro, near Modena, Italy.he final car was named the Zonda C12; the Fangio F1 name was dropped out of respect for Fangio, who died in 1995. It was first presented at the 1999 Geneva Motor Show. In 2005, Pagani announced that it planned to triple its production output within the next three years, and to enter the US market in 2007.