Over the last few days, small pockets of Italy - mainly around Lombardy - have been put on lockdown after the nation saw diagnosed cases rise from just a handful to well over 150.
Italy now has more cases outside of China than another other nation, including Japan and Singapore. So far, the virus has led to 2,619 deaths, with over 79,000 reported cases.
The bulk of RCS Sport's races take place over the next few months, with Strade Bianche in less than a fortnight. Tirreno and Milan-San Remo follow suit before the Giro in May.
According to Vegni, he is more concerned over the future of Milan-San Remo due to the fact that it takes place closest to Italy’s main area of coronavirus cases.
"Like everyone, we are concerned by what’s happening. At the same time, we hope that, with time, the situation will improve and that the number of cases will not increase," Vegni told Cyclingnews at the UAE Tour – another one of RCS’s races.
"The deciding factor will be the number of cases and if the situation is under control. We also have to factor in geography. At this moment, in Tuscany, where Strade Bianche is held, seems okay. At this moment I don’t think that there’s a problem but we will monitor it."
Last weekend saw a number of Italian soccer games postponed as a result of the recent spike in cases. The Venice Carnival was also affected.
"Milan-San Remo is the one that worries me the most," Vegni said.
"Milan is one of the two key places that has recorded the most number of cases to date. But we will follow all the guidelines from the government and the ministry of public health. For Tirreno, it’s in a different place. It’s not like Venice or Milan but what concerns me the most is around Milan because of the Lombardy situation."
While the public health risk is the most obvious concern, another issue could be the economic affect of cancelling races. That being said, Vegni ruled out the idea of Milan-San Remo having its route changed if Milan was put under further strain.
"At the moment, there’s no plan B for Milan-San Remo. It would make no sense to cut three quarters of the race. We can only follow the lead from the government. We still have three weeks until Milan-San Remo."
In cycling, so far coronavirus has caused the postponement of the Tour of Hainan, while two Chinese teams withdrew from the Tour de Langkawi. Last week, the UCI stepped in and postponed all races in China in April and May, as well as stating it will monitor the health of riders and staff from 'delegations at risk' travelling to international competitions.