Formula 1 confirmed that Pirelli will remain a partner and exclusive supplier of the World Championship until 2027, and also has an option for a further year.
Also new to the agreement is the ability to supply tires to Formula 2 and Formula 3 teams, in line with Pirelli’s commitment to supporting the next generation of racing talent.
The extension of the agreement with Formula 1 means that the Italian company will remain the monopoly supplier of the championship teams for eighteen seasons.
During this period, Pirelli tire manufacturers have built a close partnership with racers, teams, the FIA and Formula 1, supplying racing tires and collecting and analyzing information about their performance to improve the quality of their products year after year improve.
Pirelli has also taken a leading position in the development of environmentally friendly solutions and supports Formula 1’s ecological commitment as the championship aims to achieve carbon neutrality by 2030.
From 2024, all Pirelli tires intended for the World Championship will be certified by the international Forest Stewardship Council (FSC). An FSC certificate means that the plantations from which vegetable raw materials for rubber production are supplied meet environmental standards in terms of supporting biodiversity, and also generate income for the people who work on them and the local population.
Stefano DomenicaliPresident and CEO of Formula 1 said: “Since returning to the championship in 2011, Pirelli has been an invaluable partner, supporting Formula 1 as technology and technical regulations change, and delivering tires that deliver exciting on-track racing, to the delight of our fans.
The company’s commitment to quality standards, innovation and its in-depth knowledge of the specificities of our sport are the key factors that will work in the future as we approach the transition to new technical regulations, which will take place in 2026.”
Mohammed bin SulayemFIA President: “Pirelli has been active at the highest level of motorsport for many years and I am confident that they will continue to deliver innovative solutions of exceptional quality.
Working with Formula 1 is a unique challenge for tire suppliers, and Pirelli shows a real commitment to producing tires for these incredible racing cars that meet the highest standards.
I would like to thank Pirelli for their continued support of motorsport, not only Formula 1, but many other championships and categories at all levels. This work will continue in the coming years to achieve new levels of efficiency and sustainability, and Pirelli is moving forward with confidence to achieve these goals.”
The news is being updated…
Source: F1 News
I am Christopher Clyde, an experienced journalist and content writer with a passion for sports. I have been writing about Formula 1 news for the past five years and am currently employed as an author at athletistic.com, one of the top sports websites in the US.
