Pirelli to remain exclusive Formula 1 tyre supplier in 2014 27 September, 2013 Pirelli tyres will continue to be used in F1 beyond 2013 Pirelli can continue as Formula 1′s sole tyre supplier next season, the governing FIA said on Friday in a statement that also raised the possibility of a single fuel provider in future. The International Automobile Federation said that the 2013 ‘Concorde Agreement’ governing the sport, which is yet to be signed by all parties, would give it responsibility for conducting tenders for tyres and fuel. “In order to cover the transition period and considering the contracts already settled by FOM (Formula One Management) and the teams with Pirelli, the WMSC (the FIA’s world motor sport council) today confirmed that Pirelli may continue to supply tyres to competitors in the FIA F1 World Championship,” it said in a statement. It added that this was “subject to the requisite technical and safety standards of the FIA being met.” Pirelli’s current contract expires at the end of the season, with their tyres coming in for heavy criticism earlier in the year when drivers suffered a spate of blowouts, particularly at the British Grand Prix. Lewis Hamilton was one of the drivers to suffer a Pirelli blow out during the British GP in June The Italian company has already agreed contracts with all 11 teams, and the commercial rights holder. “One of the noteworthy aspects of the new 2013 Concorde Agreement is the new tender procedure for appointing single suppliers in the tyre and fuel categories, for the FIA F1 World Championship,” the FIA statement said. “In this new process, the FIA will be confirmed as the body in charge of conducting the tender process. The Commercial Rights Holder will be entitled to run the commercial negotiations with potential suppliers, with a view to the selected single supplier being officially appointed by the WMSC.” Talk of a single fuel supplier is likely to be a concern for teams, who have their own official partners and receive a significant financial contribution from them. Glamour team Ferrari has for decades been linked with oil giant Shell while Mercedes and Williams are sponsored by Malaysia’s Petronas and Venezuela’s PDVSA respectively. Red Bull have Total as their fuel partner. (Reuters) Subbed by AJN. Tweet Related NewsPirelli: We are likely to see two pit stopsBelgian Grand Prix: Pirelli preview SpaPirelli report from the Hungarian Grand PrixHamilton says Pirelli tyres for Hungary are badPirelli reveal compounds for next three racesHungarian Grand Prix: Pirelli preview BudapestPirelli report from the German Grand PrixPirelli report from Hockenheim qualifyingGerman Grand Prix: Pirelli preview HockenheimPirelli can be ready for 18-inch debut in 2016 M451 Single tyre supplier, single fuel supplier, engines almost identical, rev limited, aerodynamic requirements…. LET THEM BUILD A CAR FOR CRYING OUT LOUD! McLarenfan The FIA are getting out of control they want a cut from every pie to prop up the French Economy this is pure greed and should be stopped they are taking the money away from the teams and will destroy the sport with their greedy parasitic ideas. James @M451: And then they’ll come up with single color and single livery F1 Fan For A Long Time I took the time out to watch the 30 lap GP2 race from Singapore and it was a hell of a lot more entertaining (and less politically correct) than the F1 ‘feature race’. I will watch more of these in the future. With the way Formula 1 is going, GP2 will soon be faster, if not the same speed. Gurney FIA is destroying Formula1, this is not not real racing at the limit as Formula1 should be, this has become a show like wrestling not a sport. Money and greed is the main subject here to get more spectators and more money from TV to CVC, Ecclestone and FIA.