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Ferrari to Russia: No More Supercars for You

The Italian marque, beloved by the world’s ultra-rich, has stopped building cars for the Russian market and has pledged to donate €1 million to Ukraine relief.

An attendee passes by a Ferrari Portofino M on display at the Milano Monza Motor Show in Milan, Italy, on June 10, 2021. 

An attendee passes by a Ferrari Portofino M on display at the Milano Monza Motor Show in Milan, Italy, on June 10, 2021. 

Photographer: Giuliano Berti/Bloomberg

Ferrari NV is adding its name to the list of automakers suspending production for customers in Russia in response to its invasion of Ukraine.

“Given the ongoing situation, Ferrari has taken the decision to suspend the production of vehicles for the Russian market until further notice,” the automaker said March 8. The decision came a week after executives told journalists at a press launch in Seville, Spain, they were closely monitoring the situation and had yet to determine how to respond.