The FIA has confirmed Pirelli to remain as F1 sole tyre supplier for three more seasons beyond the current deal which runs until 2024.
As expected, the FIA has renewed deal with Pirelli to remain as F1 sole tyre supplier for three more seasons beyond the current deal which expires in 2024. The process has been ongoing for months where Bridgestone reportedly made the bid too.
Considering the long-standing association with Pirelli, this doesn’t comes as a surprise of them getting a nod ahead of Bridgestone. The Italian manufacturer has had commercial influence as well where it is the title sponsor for multiple races on the calendar.
Also, Pirelli is ticking the criteria on sustainability side to uphold the Net Zero Carbon aim of F1 by 2030. In 2024, all the tyres will have the FSC (Forest Stewardship Council) certification which is another step towards sustainability.
In addition to F1, Pirelli will also keep supplying tyres to the feeder championships i.e F2 and F3. “We’re delighted to extend or presence in Formula 1 and its other related championships,” said Pirelli chief Marco Tronchetti Provera. “Pirelli was there when Formula 1 was born in 1950, and with this latest renewal, the firm will now be a protagonist throughout nearly two decades of the modern Formula 1 era.
“Thanks to the impetus from Liberty Media and the support of the FIA, the sport is enjoying an extraordinary period of growth both in terms of audience and global expansion, increasing its following among younger generations as well. Innovation and technology are locked into Pirelli’s DNA, and Formula 1 constitutes the ultimate open air laboratory to not only try out and test new technical solutions, but also to accelerate fresh research, development, and production processes in making tyres.
“I would also like to thank everyone at Pirelli for their passionate commitment and the quality of their work over the years, which will continue as we extend this partnership together. Our commitment to sustainability is equally strong, as proved by the FSC certification that will be introduced to our F1 tyres from next year. Being at the forefront of motorsport’s pinnacle until at least 2027 adds another important value dimension to our company.”
At the same time, FIA President Mohammed Ben Sulayem stated: “Pirelli has been operating at the top level of motor sport for many years and I am sure that they will continue to deliver innovation and excellence on the world stage. Formula 1 is a unique challenge for the tyre supplier, and Pirelli has demonstrated great commitment to producing tyres that meet the extreme demands of these incredible cars.
“I would like to thank Pirelli for its ongoing support of motor sport not only in Formula 1, but in many other championships and categories at every level. Work will continue in the coming years to take further strides both in terms of performance and sustainability, and Pirelli have made strong commitments to both of these targets.”
And finally, Stefano Domenicali added: “Since returning to the sport in 2011 Pirelli has been an invaluable partner, supporting Formula 1 through new generations of technology and technical regulations and delivering tyres to enable fantastic racing for our fans.
“The company’s commitment to quality, innovation and their deep knowledge of our sport will be vital in the coming years as we approach our new regulations in 2026 and the work Pirelli is focused on relating to sustainability, proven by the FSC certification, will ensure we continue to work together towards our shared Net Zero 2030 goal.”
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