Pegaso was a Spanish manufacturer, best known for its trucks, buses, tractors, armoured vehicles. But during the 1950s, it turned its hand to sports car making. Its parent company, Enasa, was created in 1946 and was based in the former Hispano-Suiza factory, under the direction of automotive engineer Wifredo Ricart.
Sports cars were a passing fad, with around 100 made, leaving Pegaso to become one of the leading European industrial vehicle makers, with significant exportation to both Europe and Latin America. The main Enasa factories were located in Barcelona, Madrid, and Valladolid. Between 1946 and 1990, Pegaso built more than 350,000 vehicles; the highest production in a single year, over 26,000, was achieved in 1974.