Logistics, Formula 1 and Ferrari: The CEVA story

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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 spare parts shipments in Europe and the global distribution of retail material.

Under the leadership of the CMA CGM Group, its parent company, CEVA Logistics is strongly committed to the protection of the environment. The CMA CGM Group has committed to becoming Net zero carbon by 2050.

As part of its efforts towards decarbonization, CEVA currently offers customers alternative fuel options including biofuel, LNG and biomethane in ocean cargo, sustainable aviation fuels for air cargo, and biofuels or even electric vehicles for ground transport. Those initiatives echo Formula 1’s trajectory towards sustainability.

Decarbonization – is a common goal for both companies.

The collaboration

Since 2014, Formula 1 cars have been powered by hybrid engines. Starting this year, Scuderia Ferrari’s F1 engines will be powered by a 10 per cent ethanol fuel. By 2026, the race cars will be using biofuels, and by 2030, Formula 1 aims to be Net-zero carbon.

Mathieu Friedberg, CEO at CEVA Logistics, noted: “The logistics industry is experiencing rapid change through the adoption of new technologies and so is Formula 1. With the next era of racing coming in 2022, we look forward to working alongside Scuderia Ferrari in showcasing these advancements in logistics and racing.

The Scuderia Ferrari team wants to top the podium by navigating each course with agility and efficiency. At CEVA Logistics, our course is the world, and we want to navigate it every day for our customers with the same agility and efficiency.”

Mattia Binotto, General Manager and Team Principal of Scuderia Ferrari, added: “We are pleased to welcome CEVA Logistics as a new Team Partner to the Scuderia, a company with which we share the fundamental values of excellence, commitment, innovation and passion. In the world of motor racing, efficiency and organization are essential in order to achieve one’s goals in every area and logistics play a vital role in our daily activity, both at the track and in Maranello.

With CEVA Logistics, we can count on a company that not only operates at the highest level in its sphere of activity but is also particularly mindful of supporting us in achieving an objective that is key for Ferrari and Formula 1, namely becoming carbon neutral by 2030.”

The logistics industry is experiencing rapid change through the adoption of new technologies, and so is Formula 1.

The sustainable site

CEVA strives to better understand its environmental impact and to provide data for its customers to support their sustainability goals through customer carbon emission reporting.

The environmental measurement software – which is under development, will allow the company’s customers to get more accurate information about their carbon emissions. Next to it, CEVA has also taken several actions in the past few years, such as:

Being an active member of the Clean Cargo Working Group

Joining the Sustainable Air Freight Alliance (SAFA), which advocates responsible transportation. The SAFA is made up of shipping companies, airlines and freight forwarders that are committed to measuring and reducing their carbon dioxide emissions.

Joining United Airlines’ Eco-Skies Alliance, a first of its kind program involving leading global corporations working with the airline to power future flying in a more sustainable way.

The company conducts numerous checks on their customers and suppliers and encourages their local environmental initiatives.

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