Ferrari will halt production at its Maranello and Modena production facilities until March 27th due to the growing impact of the Coronavirus. This decision follows Lamborghini who plans to shut down until March 25th. Ferrari explained to Bloomberg that it was starting to experience the Coronavirus’ impact on its supply chains as goods from across the globe became harder to acquire.
This pause in production will allow suppliers to catch up with Ferrari’s needs while also keeping employees safe from their infection. Ferrari is also in the midst of the 2020 F1 season delay with the last-minute cancelation of the Australian Grand Prix which was scheduled for this weekend. The F1 season is now set to start later this year when the Coronavirus will hopefully be contained, but as of right now there is no clear start date.