The 40-year-old actor had already shot some scenes for the latest installment of the hit movie franchise, and now the studio is trying to decide how to proceed since the loss of their leading man.
"Right now, all of us at Universal are dedicated to providing support to Paul's immediate family and our extended Fast & Furious family of cast, crew and filmmakers," they said in a statement.
"At this time we feel it is our responsibility to shut down production on Fast & Furious 7 for a period of time so we can assess all options available to move forward with the franchise. We are committed to keeping Fast & Furious fans informed, and we will provide further information to them when we have it. Until then, we know they join us in mourning the passing of our dear friend Paul Walker."
The movie was originally slated to be released in July 2014.
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Gallery | Remembering Paul Walker