Pirelli will stay as Formula 1’s sole tyre supplier through 2027, after a new three-year contract with the championship was announced on Tuesday.
Pirelli took over as Formula 1’s only tyre provider from Bridgestone in advance of the 2011 season.
Pirelli faced competition from Bridgestone for the next contract cycle, covering 2025 through 2027, but the Italian marque received the backing of Formula 1 to stay in the championship.
The agreement includes an option to cover the 2028 season.
Pirelli will also continue as the sole tyre supplier to Formula 2 and Formula 3.
“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,” said Formula 1 CEO Stefano Domenicali.
“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.”
Added FIA President Mohammed Ben Sulayem: “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.”
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