Italian tire manufacturer Pirelli has announced that they will be extending their partnership with Formula 1 until 2024. The news was confirmed by F1 CEO Stefano Domenicali, who expressed his delight at the continuation of the longstanding relationship between the two companies.

Pirelli has been the exclusive tire supplier for Formula 1 since 2011, and their partnership has been vital in ensuring the safety, performance, and competitiveness of the sport. Over the years, Pirelli has worked closely with teams and drivers to develop high-performance tires that can withstand the demands of racing at the highest level.

The extension of the partnership will see Pirelli continue to provide innovative tires that can deliver the performance required by Formula 1 cars. This will include the introduction of new tire compounds and constructions that will enhance the racing experience for both drivers and fans.

Speaking about the extension, Stefano Domenicali stated, “Pirelli has been a key partner for Formula 1 for many years, and we are thrilled to continue working together until 2024. Their commitment to innovation and excellence aligns perfectly with our goals for the future of the sport, and we look forward to continuing to push the boundaries of what is possible in Formula 1.”

Pirelli has also expressed their excitement at extending their partnership with Formula 1, with CEO Marco Tronchetti Provera stating, “It is a great honor for Pirelli to continue our collaboration with Formula 1. We are proud of the role we have played in the sport over the years and are committed to continuing to provide the highest quality tires for the pinnacle of motorsport.”

The announcement of the extension of the partnership between Pirelli and Formula 1 is great news for fans of the sport, as it ensures that the iconic tire manufacturer will continue to be a key part of the racing experience for years to come. The collaboration between Pirelli and Formula 1 has been a successful one, and fans can look forward to more exciting racing thanks to the high-performance tires that will be developed as part of this extended partnership.