P1racenews AI automatic summary:
Pirelli beats Bridgestone to be awarded new F1 tyre contract
Pirelli, the Italian tyre manufacturer, has successfully defended its position as Formula 1’s tyre supplier against Bridgestone. The new contract will cover the 2025 to 2027 seasons, with an option for 2028, and includes supplying the Formula 2 and Formula 3 championships. Despite a significant offer from Bridgestone, F1 Chairman and CEO Stefano Domenicali deemed Pirelli’s pitch to be more convincing. Domenicali praised Pirelli’s support of the sport since 2011 and their commitment to quality, innovation, and sustainability. Pirelli’s CEO expressed delight in extending their presence in Formula 1 and highlighted the importance of the sport as an open-air laboratory for research and development.
Source: Crash
