Pirelli selected as Formula 1 tire partner until 2027

Milan, Italy – Fédération Internationale de l’Automobile (FIA) has extended Pirelli’s tire-supply contract for Formula 1 racing for another term, to end of its 2027 season.

The three-year agreement will see Pirelli remain as sole supplier to the FIA F1 world championship as well as the Formula 2 and Formula 3 championships.

Pirelli has been supplying F1 tires since 2011, after this year’s rival Bridgestone officially withdrew from the race its bid to secure the contract.

In a statement 10 Oct, Pirelli said it supported the environmental sustainability targets set by F1, as the sport has pledged to be “net zero carbon” by 2030.

In addition to using “sporting and technical” innovations, Pirelli said it will use FSC-certified (Forest Stewardship Council) tires for the event starting 2024.

The certification is designed to ensure full traceability of forest-derived materials along the supply-chain, as well as related economic sustainability and biological standards.

“Formula 1 constitutes the ultimate open-air laboratory to try out and test new technical solutions, said Pirelli EVP Marco Tronchetti Provera.

The competition also "accelerate fresh research, development, and production processes in making tires,” according to the Pirelli leader.

For his part, FIA president Mohammed Ben Sulayem pointed to the "unique challenges" of F1 for tire suppliers.

“Pirelli has demonstrated great commitment to producing tires that meet the extreme demands of these incredible cars,” he stated.

Bridgestone, meanwhile, has issued a statement saying it would continue to maintain close communication with the FIA as part of its motorsport development strategy.

The Japanese group said it considered motorsports as a "challenge for excellence", requiring commitment to evolution of technology, production, logistics, brand power and talent development.

F1, it went on to say, is "the world's most prestigious motorsport platform", adding that the group has been studying the race as one of its many options to support motorsport strategy.

Despite the unsuccessful bid, Bridgestone said the process recognised its advanced technologies, such as Enliten.

The technology, it claimed, enables "ultimate customisation", matching tires to the different needs of each racing condition.