Menu
Leagues and Governing Bodies

Pirelli CEO Marco Tronchetti Says Company Ready To Bid For New Formula One Contract

Pirelli CEO Marco Tronchetti Provera said that the company will seek to extend its F1 tire contract from '17 provided it is "happy with the regulations and costs are affordable," according to Alan Baldwin of REUTERS. The FIA "issued a tender this week for a sole supplier" from '17-19. Tronchetti said, "We intend to stay if the regulations are the ones we agree upon, and if the costs are affordable, and the guarantees we want to have in the contracts are accepted." Tronchetti Provera said that "he was against a proposal to allow teams a free choice of dry tire compounds" but suggested there could be a "satisfactory compromise." He said, "We have to provide a guarantee of the product. I think the responsibility to choose the tires remains, and has to remain, in our hands because we don’t want our tires not to be used properly" (REUTERS, 5/23). In a separate piece, Baldwin wrote Pirelli is seen as a favorite to continue but the FIA "has not ruled out a switch to bigger tires, with Michelin favoring 18-inch ones and likely to tender if a rule change was accepted." Michelin Motorsport Dir Pascal Couasnon said, "The chief reason why we want to switch to 18-inch tires is that they permit the development of new technologies that can be used for mass-produced road tires." Couasnon said that "he felt the idea of bigger tires was gaining ground, with the new electric Formula E series already using them and junior formulae such as Formula Renault 3.5 also preparing for a change." He added, "It seems to me that it's a move that makes sense" (REUTERS, 5/23).

SBJ Morning Buzzcast: May 8, 2024

Start your morning with Buzzcast with Austin Karp: The NFL sets a date for its 2024 schedule release, while also dropping hints that it could soon approve private equity investment in teams; WNBA teams finally land charter flights; the F1 Miami Grand Prix delivers a record on TV; and Elevate lands in Happy Valley.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2015/05/26/Leagues-and-Governing-Bodies/Pirelli-F1.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2015/05/26/Leagues-and-Governing-Bodies/Pirelli-F1.aspx

CLOSE