November 25, 2018 / 10:04 AM / 18 days ago

Motor racing-Pirelli agrees new four-year Formula One deal

ABU DHABI, Nov 25 (Reuters) - Pirelli has signed a new four-year deal to remain Formula One’s sole tyre supplier until the end of the 2023 season, the sport announced in a statement on Sunday.

“We are delighted to have reached this agreement, which guarantees a long-term stable future for such a crucial component of Formula One,” Formula One chairman Chase Carey said. (Reporting by Alan Baldwin; Editing by John O’Brien)

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