The Fédération Internationale de l'Automobile (FIA) exercised a one-year contract extension on June 11, 2026, keeping Pirelli as the sole tyre supplier for Formula One through the 2028 season. The extension was agreed upon by the FIA, Formula One Group, and Pirelli in mutual agreement [1, 2, 3].
Pirelli has been the exclusive tyre supplier for Formula One since 2011 and also supplies tyres to the Formula Two and Formula Three support series [1, 2, 3]. The current contract was originally signed in 2023, covering the 2025-2027 seasons with an option for a one-year extension through 2028 [1, 2, 3].
FIA president Mohammed Ben Sulayem said the extension "provides stability for the championship and reflects the strong collaboration between the FIA, Formula One Group and Pirelli." He added, "Pirelli has been an important partner... providing a consistently high standard of performance, innovation and safety at the highest level of our sport." [1, 2]
Formula One president and chief executive Stefano Domenicali highlighted the longstanding partnership, saying, "We've enjoyed an incredible history and partnership with Pirelli, relying on their technical brilliance and focus on performance, innovation and sustainability for many years."
Pirelli successfully fended off a rival bid from Japan's Bridgestone to retain the contract [2]. Sources indicate that while other companies have expressed interest in supplying tyres after 2028, Pirelli is open to continuing beyond that date [2]. The FIA must open a tender process for the supply deal after 2028, with technical bids judged by the FIA and commercial decisions made by Formula One [2].
The contract extension ensures Pirelli will remain the exclusive tyre supplier for Formula 1 until the end of the 2028 season, continuing a relationship that has lasted since 2011.
Timeline
In 2023, Pirelli signed the contract to supply tyres for the 2025-27 seasons, including the option to extend by one year [1, 2, 3]. On June 11, 2026, the FIA exercised the extension option to keep Pirelli as the tyre supplier through 2028 [1, 2, 3].