Double-headers, triple-headers, a record-breaking 23 race-calendar – the 2022 Formula 1 season is about to challenge the Formula 1 teams’ logistics departments like never before. As a consequence of the newly implemented cost cap, reducing costs and working as cost-effective as possible became vital in the world of Formula 1. Let’s dive into what CEVA Logistics, a new partner of the sport, has in store for high-end motorsports.
The deal
At the end of January, CEVA Logistics announced a new global, multi-year partnership with Ferrari to support their racing activities as an Official Logistics Partner. CEVA will also serve as a Team Partner of Scuderia Ferrari, the most successful team ever in Formula 1.
CEVA Logistics will provide all logistics support services for the Scuderia Ferrari cars and equipment for Grand Prix events, as well as for the GT racing series and other Ferrari Challenge events.
The company
A world leader in third-party logistics, CEVA provides and operates transportation and supply-chain solutions for large- or medium-size national and global companies. CEVA Logistics boasts a broad range of services in both Contract Logistics and Freight Management thanks to its approximately 78,000 employees and 1,000 facilities in more than 160 countries.
The company’s experienced specialists focus on seamlessly designing end-to-end customized solutions to meet the complex and rapidly evolving supply chain needs, whatever the business sector. CEVA is part of the CMA CGM Group, a world leader in shipping and logistics and its goal is to become one of the top 5 logistics players in the world.
Ferrari has chosen CEVA Logistics and its leading global network to ensure road and sea shipments for its cars and equipment to race sites around the world. The Official Logistics Partner agreement covers both the F1 and GT racing series.
In addition, CEVA will support car and equipment shipments to Scuderia Ferrari event destinations, as well as manage…
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