Formula 1 has said it will donate €1m (£867,000) to the Emilia-Romagna Flood Relief Fund.
The money will be used by the Emilia-Romagna region’s Department of Homeland Security and Civil Protection.
F1 has also arranged for the distribution of food provided for the hospitality to those in need.
It has been donated to a group that organizes food banks and distributions for those affected by the floods.
F1’s move comes a day after Ferrari, whose Maranello factory in Emilia-Romagna, donated the same amount in relief supplies.
F1 president and chief executive Stefano Domenicali, from Imola, described the events in the region as a “tragedy”.
Domenicali added: “I was born and raised in this wonderful land of Emilia-Romagna, a place that has lived through some of the saddest moments in its history.
“The situation facing the communities in the region is dire, but I know that the resilience and passion of the people of the region, like many across Italy, will overcome this crisis.
“We must do everything we can to support them during this difficult time, which is why we are donating to help support local relief efforts.
“On behalf of the entire Formula 1 community, my thoughts are with all those affected and we would like to thank the emergency services for a fantastic job.”
The mayor of Ravenna, one of the worst-hit towns, told the BBC it was Italy’s worst disaster in a century.
Michele de Pascale described the devastation caused by the floods as catastrophic, leaving people in his city and the wider region without their homes, property and, in some cases, their lives .
After six months of rain in a day and a half, nearly every river between Bologna and the northeastern coast, 115 kilometers (70 miles) away, was flooded and at least 13 people were killed.
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