Born in Rome, Ferrazzi was the eldest son of the sculptor Stanislao Ferrazzi. In 1904, he was trained in the studio of Francesco Bergamini, a former pupil of Michele Cammarano. The following year he attended the Scuola Libera del Nudo and at the Accademia di Francia. He first exhibited at the 1907 Exhibition (LXXVII Esposizione Internazionale di Belle Arti) in Rome. In 1910, he won a scholarship to the Instituto Catel which allowed him to take up art as a career.
In 1913, he exhibited Genetrix at the First Roman Secession Exhibition (Prima Esposizione internazionale d'arte della Secessione Romana). In December, he was granted the national art pension which gave him financial security and allowed him to set up a studio in Via Ripetta. A visit to the Louvre in Paris revealed his interest in Georges Seurat whose style was similar to his own.
In 1926, he became a professor at the Accademia di San Luca. The same year he was the first Italian to win the Carnegie Prize. In the spring of 1933, he was elected to the Italian Academy. After the war, he created mainly religious works, both paintings and sculptures. In the 1950s, he spent most of his time at the Casa di Santo Stefano in Monte Argentario where he created his ambient sculpture Il Teatro della Vita (The Theatre of Life).
- Percorsi del Novecento romano dalla Galleria Comunale d'Arte Moderna. Gangemi Editore. 2011. p. 117. ISBN 9788849268775.
- Margozzi, Mariastella; Martini, Luigi; Negri, Antonello (2006). I costruttori: il corpo del lavoro in cento anni di arte italiana. Skira. p. 106ff.
- "Ferruccio Ferrazzi" (in Italian). Archivio della Scuola Romana. Retrieved 5 July 2015.
- "Ferrazzi, Ferruccio" (in Italian). Treccani. Retrieved 5 July 2015.
- "Ferruccui, Ferrazzi" (in Italian). Archivio Biblioteca Quadruennale. Retrieved 5 July 2015.
- "Ferruccio Ferrazzi 'Opere scelte da una collezione'" (in Italian). Artnet. Retrieved 5 July 2015.
- Illustrated biography from Scuola Romana (in Italian)
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