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'Pirelli agree new contract'
Pirelli have reportedly agreed a new five-year contract to continue as F1's sole tyre supplier.At the culmination of a weekend of high intrigue in the Monza paddock, The Daily Telegraph reports 'Pirelli has agreed a new five-year deal to provide tyres to Formula One worth an estimated £50 million, which will carry it through until the end of the 2018 season.'
In the wake of a series of high-profile tyre failures, most notably during June's chaotic British GP, Pirelli's future in the sport had been plunged into doubt with former supplier Michelin revealing their interest in making a return.
'However, having dragged his heels for months, FIA president Jean Todt said on Saturday that he...
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12y ago from SkySports.com
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