‘Ferrari stands alongside everyone in Ukraine’: Italian supercar-maker donates €1 million amid Russian invasion

Over 1.5 million Ukrainians have been displaced as a result of Russia's invasion of the country.

Ferrari has donated €1 million to various charities operating in in Ukraine following Russia’s invasion of the country.

Russian President Vladimir Putin ordered his troops to invade Ukraine on 24 February following months of escalating tensions during which he sent thousands of troops to the border for what he claimed were training exercises.

The situation has now descended into full-blown war, with multiple global leaders condemning Putin’s actions while placing sanctions on him and Russia.

The FIA took the decision to prohibit any branding of Russian and Belarusian companies appearing in global motorsport, while decreeing that all drivers and competitors from the countries are to race under a neutral flag.

Motorsport UK, meanwhile, banned Russian and Belarusian competitors from participating in British motorsport events.

This, coupled with restrictions on the Russian financial sector, left Haas in an untenable situation with name partners Uralkali, and they ended their association with them both commercially and contractually, leaving Nikita Mazepin without a seat for 2022.

Amid the war in Eastern Europe, Ferrari have taken the decision to donate money to those affected by the conflict in Ukraine, revealing that they are working with the Red Cross and the UNHCR to provide humanitarian support.

“Ferrari stands alongside everyone in Ukraine affected by this ongoing humanitarian crisis. While we hope for a rapid return to dialogue and a peaceful solution, we cannot remain indifferent to the suffering of everyone affected. Our thoughts and support go out to them,” said CEO Benedetto Vigna.

“We are playing our small part alongside the institutions that are bringing immediate relief to this situation.”

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The sum amounts to circa £833,000 and around 33,000 Ukrainian Hryvnia, with aid also being given to the Association Chernobyl of Maranello, Fiorano, to help Ukrainians who will be cared for in the area.