(CNN) The 2020 Chinese Grand Prix has been postponed due to the deadly coronavirus outbreak, Formula One announced on Wednesday.

The decision to cancel the race weekend in Shanghai, which was scheduled for April 17-19, was taken jointly by F1 and the sports governing body, the FIA, after the Juss Sports Group -- the Chinese Grand Prix promoter -- officially requested its postponement.

The World Health Organisation (WHO) has declared the coronavirus outbreak a global health emergency.

"The Chinese Grand Prix has always been a very important part of the F1 calendar and the fans are always incredible," F1 said in a statement. "We all look forward to racing in China as soon as possible and wish everyone in the country the best during this difficult time."

According to the WHO, more than 43,000 cases of the coronavirus have been confirmed in 28 countries and territories around the world, with the death toll this week exceeding 1,000.