Diabytes
Pirelli News
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Pirelli has signed a new four-year deal to remain Formula One's sole tyre supplier until the end of the 2023 season, the sport announced in a statement on Sunday.
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Pirelli and McLaren have cancelled tyre testing amid security concerns following another armed robbery attempt near Sao Paulo's Formula 1 circuit.
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The F1 Supremo always defended Pirelli's heavily-degrading tyres, saying that it is good for the 'show'.
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Under the new rule, Pirelli would now provide three dry-weather compounds instead of two.
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Tyre manufacturer Michelin promised its product will let drivers race flat out and make themselves happy if it wins the tender to supply tyres to Formula 1 cars from 2017.
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Pirelli motorsport director Paul Hembery said Formula One teams supported the tyre supplier`s push for extra testing despite difficulties with timing and remodelling their cars.
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The boss of Italian tyremaker Pirelli on Tuesday accused those against the company`s takeover by a Chinese firm of masking nationalist objections in calls for a change of industrial policy.
China National Chemical Corp (ChemChina) is to buy into Pirelli , the world`s fifth-largest tyre maker, in a 7.1 billion-euro ($7.7 billion) deal that will put the 143-year-old Italian company in Chinese hands.
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