In 1923, his father Leonardo founded the
Fabbrica Italiana di Uniformi Civili (in English: "Italian Factory of Civil Uniforms"), a company specialised in workwear and uniforms meant for civil use, which Ivanoe inherited. The company was later renamed to Manifattura Fraizzoli. becoming the
club's 16th chairman. Under his ownership, Inter purchased players such as
Evaristo Beccalossi,
Alessandro Altobelli,
Roberto Boninsegna, and
Fulvio Collovati, winning two
Scudetto (
1970–71 and
1979–80) and two
Coppa Italia (
1977–78 and
1981–82). In 1984, he sold the club to
Ernesto Pellegrini. ==References==