Pirelli continues as sole tyre supplier for Formula 1
At the Abu Dhabi Grand Prix, the International Automobile Federation confirmed that Pirelli will continue as the sole tyre supplier for Formula 1 until the 2023 season.
The FIA has announced that Pirelli will continue as sole tyre supplier for Formula 1 until 2023. © FIA
Two tyre manufacturers’ candidates
Pirelli remains in F1 until 2023! The Italian tyre manufacturer, sole official tyre supplier for several years now, will continue to supply tyres to the biggest motorsport competition. The FIA preferred continuity over Hankook’s bid whereas Michelin decided against submitting a bid for the tender launched this year.
"Pirelli have been an important and valued partner to Formula 1 since 2011," said Chase Carey, F1 chairman and CEO after the last race of the season. "They are a premium brand, a clear global leader in motorsport and our ongoing partnership with them is proof once more of our desire to align F1 with the best in motorsport and beyond.”
© FIA
A technical change in 2021
This partnership is in the continuity of the past seasons where Pirelli has been the sole supplier for Formula 1. The Italian tyre manufacturer will continue with no rivals as technical regulations switch to using 18 inch tyres, today in 13 inches, from 2021.
This is excellent news for Marco Tronchetti Provera, Pirelli CEO, who has secured the exclusive agreement to supply the competition for the next 5 seasons. “It is excellent news”, he said. “Formula 1 is and will remain the pinnacle of motorised competition: the perfect environment for Pirelli, which has always defined motorsport as its most advanced technological research and development laboratory. It also provides the perfect showcase for our Ultra High Performance road car tyres which equip the world’s most desirable prestige and premium vehicles".
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