Ferrari is well known for its history and this is deeply emblazoned in their crest/logo. The national colours of Italy cover the top, while the yellow backdrop represents the colour of the town of Modena. The bucking horse is an ideal symbol for the raw power and thrill ferraris give (i assume). I think it's a great design, it really represents the cars origins and its racing pedigree.
Porsche shares many similarities with ferrari. Its logo represents prestige and pedigree, 'stuttgart' its birth place.

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