Ferrari confirms shut down F1 and road car factories as the coronavirus pandemic remain

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Italian automotive gain Ferrari officially declared that, closed down production in both its Formula 1 and road-car manufacturing factories until 27th March 2020 as the coronavirus pandemic which, in all over world, is worst affecting Italy, China and Spain.

Officially Statement: The decision has been taken by the Company for its employees’ well-being and follows a number of rigorous preventive measures already implemented by the Company to guarantee the highest health standards in light of the Italian Government’s decree on COVID-19 issued on March 11, as well as previous decrees.

The Company, that had ensured continued production so far whilst placing employees’ wellbeing as its main priority, is now experiencing the first serious supply chain issues, which no longer allow for continued production.

All non-manufacturing related activity will continue a regular basis, leveraging the opportunities provided by smart working.

Scuderia Ferrari, in line with manufacturing, has also suspended its operational activities.
“At a time like this,” commented Ferrari’s CEO, Louis Camilleri, “my gratitude goes first and foremost to Ferrari’s women and men who, with their tremendous commitment over the past few days, have demonstrated the passion and dedication that defines our marque. Together with our suppliers, they have ensured the Company’s production. And it is out of our respect for them, for their peace of mind and those of their families that we have decided on this course of action. Camilleri added “Our clients and fans are also top of mind for us at this time, as we prepare for a strong restart.”

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