Pirelli secures tender to supply Formula 1 tyres until 2023
Pirelli will continue as Formula 1's sole tyre supplier as it has won the tender to produce rubber for the championship for the 2020-2023 seasons
The Italian company has delivered F1's tyres since 2011, but was evaluated by the FIA for the post-2019 deal alongside DTM and European Formula 3 Championship supplier Hankook.
The new arrangement was complicated by F1's rules changing for 2021, when the series will switch to using 18-inch wheels and tyre blankets will be banned.
That meant the first season of the new four-year deal would require the supplier to produce the existing rubber for a single campaign before delivering the new tyres.
"Pirelli have been an important and valued partner to Formula 1 since 2011," said F1 chairman and CEO Chase Carey as the news was announced.
"They are leaders in providing innovative state of the art capabilities.
"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.
"We are delighted to have reached this agreement, which guarantees a long-term stable future for such a crucial component of Formula 1."
FIA president Jean Todt added: "I am happy to have Pirelli appointed for another period as official tyre supplier to the FIA Formula 1 world championship.
"It will allow all of us to enjoy the experience gained since 2011.
"We know how crucial and difficult is the role of the tyre supplier and, particularly, in Formula 1."
Pirelli and Hankook were the two parties involved in the tender process.
Former F1 tyre supplier Michelin ruled out applying for the contract as it had reservations over the single season of 13-inch wheels for 2020 and having to produce the high degradation rubber used in the championship.
"It's excellent news that Pirelli is prolonging its partnership with Formula 1 until 2023," said Pirelli vice president and CEO Marco Tronchetti Provera.
"This new agreement extends our presence to a total of 13 seasons in the modern era, with Pirelli also present in 1950, when the world championship was inaugurated.
"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."
Share Or Save This Story
Why Britain’s role in Formula 1 endured a troubled start
Why Bottas believes his F1 reserve driver role is the fastest route back to a race seat
Why Norris is now ready for his final exam
Rovanpera provides comeback update during Rally Estonia visit
The surprise highest points scorer in MotoGP's European leg
How Colapinto has survived and thrived in the hothouse intensity of F1
Why Hamilton sees Mercedes as ‘still the team to beat’ at Belgian GP
Subscribe and access Autosport.com with your ad-blocker.
From Formula 1 to MotoGP we report straight from the paddock because we love our sport, just like you. In order to keep delivering our expert journalism, our website uses advertising. Still, we want to give you the opportunity to enjoy an ad-free and tracker-free website and to continue using your adblocker.
Top Comments