Motor racing's top-tier Formula 1 (F1) series has announced that global tire manufacturer Pirelli will continue as the global tire partner and exclusive tire provider to the racing championship.

The deal will last until at least the end of the 2027 season and contains an option for an extension for a further year.

This means that by the end of the deal, Pirelli will have been the tire provider of the sport for 18 straight years, having first signed on in the role ahead of the 2011 season.

The deal will also see Pirelli continue to supply all tires to all teams in F1 and its junior affiliate tours, F2 and F3.

Since it began in 2011, Pirelli has done so through a number of tire regulation changes, including the introduction of 18-inch tires ahead of the 2022 season.

Pirelli will also continue to support the sustainability initiatives set by the sport, taking a “leadership role” in developing new sustainable tire technology.

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F1 president and CEO Stefano Domenicali stated: “Since returning to the sport in 2011 Pirelli has been an invaluable partner, supporting Formula 1 through new generations of technology and technical regulations and delivering tires to enable fantastic racing for our fans.”

Domenicali continued: “The company’s commitment to quality, innovation, and their deep knowledge of our sport will be vital in the coming years as we approach our new regulations in 2026 and the work Pirelli is focused on relating to sustainability, proven by the FSC certification, will ensure we continue to work together towards our shared Net Zero 2030 goal.”

Pirelli was not the sole party vying for the role, with competing tire giant Bridgestone also bidding for the rights to be the sport’s tire provider.

It has been reported that both companies’ bids were similar, but as tire regulations have changed vastly since Bridgestone’s last period in the role (1998-2010), Pirelli was selected.

The appointment of Pirelli in the role may open F1 management up to criticism however, as Pirelli has come under fire for the poor performance of its tires in some races over the last few seasons.