Pirelli plans to bid for tyre supply renewal

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A Pirelli technician checks the tires at the Interlagos racetrack in Sao Paulo, Brazil on November 6, 2014 three days ahead of the Brazil Formula One Grand Prix. Photo Credit - Photo by VANDERLEI ALMEIDA/AFP/Getty Images

A Pirelli technician checks the tires at the Interlagos racetrack in Sao Paulo, Brazil on November 6, 2014 three days ahead of the Brazil Formula One Grand Prix. Photo Credit – Photo by VANDERLEI ALMEIDA/AFP/Getty Images

Pirelli says it plans to bid to extend its stay as Formula 1’s tyre supplier when its current deal expires at the end of next year, providing the conditions are suitable.

Formula 1’s governing body, the FIA, has invited interested tyre companies to apply for the deal, which will run through the 2017, 2018 and 2019 campaigns.

Applications must be submitted by June 17, with the candidates which meet the FIA’s requirements being forwarded for a final evaluation process.

Speaking at the Monaco Grand Prix, Pirelli Chairman and CEO Marco Tronchetti Provera confirmed that the Italian company currently intends to apply.

Pirelli has announced the first set of tyre nominations for the 2015 Formula One season, as promised on Monday after the conclusion of pre-season testing.

Pirelli has announced the first set of tyre nominations for the 2015 Formula One season, as promised on Monday after the conclusion of pre-season testing.

“We intend to stay if the regulations are ones that we agree upon,” said Provera.

“If it is affordable and if the guarantee of safety we want to have in the contract will be acceptable.

“We want regulations that are similar to the ones that we have today, but with testing done properly in order to have the best product available.”

Provera also commented on a potential switch to bigger rims in the future, explaining that Pirelli would be comfortable adapting to the demands.

“For us, it’s no problem to make 18-, 19-, or even 20-inch tyres. We’ve shown we can do it,” he said.

“In GP2, we have tested 18-inch tyres several times. We could race on them tomorrow.” – gpupdate.net

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