Fabio Barone, president of the world's largest Ferrari drivers' club, said: "A Ferrari is a work of art, so it's right the manufacturer sends the message that it has to be protected."
If the reports are correct Bieber won’t be able to buy a new Ferrari any more, though the Prancing Horse has not officially made a statement on the issue.
If true, it wouldn’t cramp the singer’s style too much as he has a large collection of exotics including a Lamborghini, Bugatti, Rolls-Royce and Porsche.
Several other celebrities have been banned by Ferrari in the past, including reality TV star Kim Kardashian, rapper 50 Cent, and Hollywood star Nicolas Cage who was forced to sell his Ferrari Enzo in 2003 due to bankruptcy.