diff --git a/kernel/panic.c b/kernel/panic.c
index 6fd09ed..5dce540 100644
--- a/kernel/panic.c
+++ b/kernel/panic.c
@@ -49,6 +49,15 @@
 long (*panic_blink)(int state);
 EXPORT_SYMBOL(panic_blink);
 
+/*
+ * Stop ourself in panic -- architecture code may override this
+ */
+void __weak panic_smp_self_stop(void)
+{
+	while (1)
+		cpu_relax();
+}
+
 /**
  *	panic - halt the system
  *	@fmt: The text string to print
@@ -59,6 +68,7 @@
  */
 void panic(const char *fmt, ...)
 {
+	static DEFINE_SPINLOCK(panic_lock);
 	static char buf[1024];
 	va_list args;
 	long i, i_next = 0;
@@ -68,8 +78,14 @@
 	 * It's possible to come here directly from a panic-assertion and
 	 * not have preempt disabled. Some functions called from here want
 	 * preempt to be disabled. No point enabling it later though...
+	 *
+	 * Only one CPU is allowed to execute the panic code from here. For
+	 * multiple parallel invocations of panic, all other CPUs either
+	 * stop themself or will wait until they are stopped by the 1st CPU
+	 * with smp_send_stop().
 	 */
-	preempt_disable();
+	if (!spin_trylock(&panic_lock))
+		panic_smp_self_stop();
 
 	console_verbose();
 	bust_spinlocks(1);