In response to the COVID-19 coronavirus crisis, Ferrari has agreed to donate all or part of their annual compensation to help a series of initiatives in the region with the first activities focusing on the immediate communities of Maranello, Fiorano and Formigine in Italy.
Aid to the different towns consists of the following initiatives which were coordinated directly with the regional officials:
- Purchasing of COVID-19 test kits and diagnostic equipment: For the Policlinico di Modena and the hospitals located in Baggiovara and Sassuolo. These serological and molecular tests give rapid results (in 4/8 hours) and are instrumental in the control and prevention of the contagion.
- Emergency medical service automobile in support of the local communities: A vehicle will be be donated to the volunteers of the Local Health Authority of Modena (A.USL) and made available to the AVAP (a voluntary association dedicated to assisting public) of Maranello for emergency response interventions in the regional locations.
- Purchasing of computer equipment for schools: Notebooks, tablets and portable modems will permit primary and secondary in the three towns to provide efficient management and participation in online lessons that have become the major form of education during the crisis. All of the IT equipment will continue to be with the schools after the crisis.
- Purchasing and distribution of food in Maranello. A contribution to the purchase of food vouchers and important goods for the families who are coping with the emergency situation.
More initiatives will be confirmed in the region during the coming weeks. The overall fund generated nearly €2 million ($2.17 million) and was generated much because of the Chairman, the CEO and Board of Directors pledging their entire compensation from April to the end of the year, with the Senior Management Team donating 25% of their income for the same period.
About 181,228 people in Italy have been confirmed as being infected with the coronavirus. The virus has killed 24,114 people in the country.