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Ferrari shuts its F1 and automotive factories

Ferrari has shut its factories in response to the coronavirus pandemic, which has hit Italy particularly hard forcing the country into a period of lockdown. Both its Maranello factory – which includes its Formula 1 operations – and its Modena factory have been closed with immediate effect and will remain closed until March 27 at the earliest. It comes after the Italian government placed strict restrictions on the movement on people in order to try and stem the spread of Covid-19, which has so far resulted in more than 1,400 deaths with more than 20,000 infected. Although some manufacturers and businesses have been granted exemption to continue operations, supply chain issues mean...
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