We were looking for answers which Liberty Media finally gave. Through an official press release, it was announced that Pirelli will remain the sole supplier of tires in Formula 1. The company with the long P continues to remain in the Circus and - by winning the FIA tender - is preparing to sign a contract until 2027, with renewal option until 2028.
Pirelli: here is the renewal, but now the work begins
Confirmed, therefore, i rumors of the paddock which gave Pirelli the clear favorite over Bridgestone - the other company that decided to sign up to the FIA tender -. With this result, for the team led by the head of the motorsport area Mario Island a long programming work will begin. Beyond to the introduction of the ATA, which will presumably happen as early as next year, Pirelli will insist to develop tires without the use of tyrewarmers. An objective that the company with the long P had already presented during this season's F1 Commission, but rejected by the teams who preferred to touch up the topic next year.
Domenicali talks about the renewal of Pirelli: "Invaluable partner for F1"
With the agreement reached, the comment from Stefano Domenicali, CEO of F1: “Since returning to the sport in 2011, Pirelli has been an invaluable partner, supporting Formula 1 through new generations of technologies and technical regulations and providing tires to enable fantastic racing for our fans. The company's commitment to quality, innovation and deep knowledge of our sport they will be vital in the coming years as we approach new regulations in 2026 and the work that Pirelli focused on in relation to sustainability, demonstrated by FSC certification, will guarantee us to continue to work together towards our shared goal of Net Zero 2030".
“I would also like to praise Bridgestone for his extraordinary proposal and his commitment throughout the process. They have a proud legacy in our sport and I would like to thank them for their highly professional and passionate commitment to us".
Provera's satisfaction: "Innovation and technology contained in Pirelli DNA"
All the joy for the contract renewal in F1 is also represented at home Pirelli, in particular by the CEO Marco Tronchetti Provera: “We are pleased to extend our presence in Formula 1 and other related championships. Pirelli was present when Formula 1 was born in 1950 and, with this latest renewal, the company will now be the protagonist of almost two decades of the modern era of Formula 1. Thanks to the impetus of Liberty Media and the support of the FIA, the sport is experiencing an extraordinary period of growth both in terms of audience and global expansion, increasing its following even among younger generations. Innovation and technology are contained in Pirelli's DNA and Formula 1 constitutes the open-air laboratory par excellence not only to try and test new technical solutions, but also to accelerate new research, development and production processes in tire production.”
“I thank the entire Pirelli team”
“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 demonstrated by the FSC certification which will be introduced on our F1 tires starting next year. Being at the forefront of the pinnacle of motorsports until at least 2027 adds another important dimension of value to our company.”
