F1: Pirelli to remain Formula One’s tyre supplier until 2027

Pirelli said there was also an option, from the FIA and Formula One Management, to extend the partnership for a further season.

FILE PHOTO: Pirelli tyres on display in paddock area of Russian Grand Prix in Sochi, Russia. | Photo Credit: Maxim Shemetov/ REUTERS

Pirelli will remain Formula One’s sole tyre supplier until at least 2027 after reaching agreement with the governing body FIA, all parties announced on Tuesday.

Pirelli said there was also an option, from the FIA and Formula One Management, to extend the partnership for a further season.

The Italian company will also supply tyres to the Formula Two and Three support series.

The latest contract extends Pirelli’s current involvement in Formula One to 18 years in a row.