Breaking: Pirelli beat rival Bridgestone offer to land new major F1 deal

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Breaking: Pirelli beat rival Bridgestone offer to land new major F1 deal
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Pirelli has warded off the Bridgestone challenge to remain in Formula 1.

Pirelli will remain the exclusive tyre supplier of Formula 1 after a new deal was announced running until the end of F1 2027, with the option of a one-year extension.

Reacting to the news, 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. Pirelli executive vice president and CEO Marco Tronchetti Provera added: “We’re delighted to extend or presence in Formula 1 and its other related championships.

“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. FIA president Mohammed Ben Sulayem 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.

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