The new agreement also includes the provision of tires to Formula 2 and Formula 3, in line with Pirelli’s commitment to support the next generation of motorsport talent.
Formula 1 has today confirmed Pirelli as its Global Tire Partner and the exclusive tire supplier to the FIA Formula 1 World ChampionshipTM until 2027, with the option to extend for an additional year.
The announcement means that by the end of the new agreement (including possible extension) Pirelli will have been the sole supplier of tires to Formula 1 for 18 seasons, in which time it has delivered successfully against varied technical and sporting challenges, ranging from 13-inch high degradation tires when they joined in 2011, the introduction of hybrid power units in 2014, wider tires in 2017 and the introduction of the current 18-inch tires from 2022.
Throughout this time Pirelli has always engaged positively with drivers, teams, the FIA, and Formula 1 to deliver tires to enable excellent racing, analyzing data and gathering feedback to continuously improve the product year on year.
Pirelli has also taken a leadership role in the research and development of sustainable tyre solutions and supports the environmental sustainability targets set by Formula 1, as the sport aims to be Net Zero Carbon by 2030. From 2024, all Pirelli tires used in FIA Formula One World ChampionshipTM events will be FSC- certified (Forest Stewardship Council). FSC forest management certification confirms that the plantations of the forest-based components of the tires are managed in a way that preserves biological diversity and brings benefits to the lives of local communities and workers, while ensuring economic sustainability.
“We’re delighted to extend or presence in Formula 1 and its other related championships,” said Marco Tronchetti Provera, Pirelli Executive Vice President and CEO. “Pirelli was there when Formula 1 was born in 1950, and with this latest renewal, the firm will now be a protagonist throughout nearly two decades of the modern Formula 1 era. Thanks to the impetus from Liberty Media and the support of the FIA, the sport is enjoying an extraordinary period of growth both in terms of audience and global expansion, increasing its following among younger generations as well. 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. 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 proved by the FSC certification that will be introduced to our F1 tyres from next year. Being at the forefront of motorsport’s pinnacle until at least 2027 adds another important value dimension to our company.”
Stefano Domenicali, President and CEO of Formula 1 added:
“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. The company’s commitment to quality, innovation and their deep knowledge of our sport will be vital in the coming years as we approach our new regulations in 2026 and the work Pirelli is focused on relating to sustainability, proven by the FSC certification, will ensure we continue to work together towards our shared Net Zero 2030 goal.”