Pirelli and Formula One announced on Tuesday that the Italian company will continue as the sole tyre supplier to the FIA Formula One World Championship through to the end of 2027.
Pirelli, who joined Formula One in 2011 beat off stiff competition from Bridgestone to secure the contract and speaking about the new deal, President and CEO of Formula One, Stefano Domenicali said:
“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.”
Speaking about Bridgestone, Domenicali com.ented saying:
“I would also like to commend Bridgestone for their impressive proposal and engagement throughout the process. They have a proud legacy in our sport and I would like to thank them for their highly professional
and passionate engagement with us.”
Mohamed Ben Sulayam, President of the FIA, said:
“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.”
Marco Tronchetti Provera, Pirelli Executive Vice President and CEO:
“We’re delighted to extend or presence in Formula 1 and its other related championships. 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.”