Tag: Pirelli
Pirelli major shareholder Chemchina restructuring
On 23 January 2020, Pirelli & C. S.p.A. received a notification letter from its largest shareholder, China National Chemical Corporation Ltd. (ChemChina), informing the firm that it is undergoing “strategic restructuring”. The restructuring notice covered both ChemChina and Sinochem Group Co., Ltd.
Pirelli partners Trek-Segafredo cycling team
Pirelli has partnered with the prestigious World Tour Team Trek-Segafredo. Its first official presence after signing the partnership is now underway at the Santos Tour Down Under in Australia, where the team's athletes, including the reigning UCI world champion Mads Pedersen, are riding on Pirelli's P Zero Velo Tubular tyres.
CDP names Pirelli Climate Change leader for second year
Pirelli & C. S.p.A. has been counted as a global leader in the fight against climate change by CDP (formerly known as the Carbon Disclosure Project) for the second year in a row.
Pirelli: Nokian merger rumours false
Market rumours that Pirelli is considering a €9 billion (£7.7 billion) merger with Finland's Nokian Tyres have been quashed by company spokespeople. Reports that such a deal was on the horizon emerged in mid-January and were then fuelled by re-reporting in the British and Italian press. However, these stories are “without foundation”, according to two Milan-based Pirelli spokespeople that Tyres & Accessories interacted with. Nokian has yet to comment.
Reigning BRC champions unveil Yuasa sponsorship and new car on Pirelli stand
Yuasa has announced that the battery brand has become title sponsor of rally driver Matt Edwards and co-driver Darren Garrod, with the unveiling of a new car and livery on the Pirelli stand at Autosport International. The move sees the Yuasa Rally Team name enter the sport for the first time as the title sponsor of M-Sport’s BRC operation. The team will tackle stages across the UK, Ireland and Belgium in the all-new Ford Fiesta R5 MkII carrying Yuasa’s distinctive red, white and black livery, made popular in the British Touring Car Championship (BTCC).
Pirelli show 18-inch Formula 2 tyres at Autosport 2020
Formula 2 is already established as the place to watch the Formula 1 drivers of tomorrow. In 2020, the championship will also be home to a new technological innovation as it adopts 18-inch tyres from Pirelli: the same size that will be raced in Formula 1 from 2021 onwards.
Pirelli: WRC tyre supply confirms “leadership in world motorsport”
The era of Michelin tyres dominating the World Rally Championship (WRC) is drawing to a close. The FIA has chosen Pirelli as sole tyre supplier for the WRC from 2021 to 2024. With its selection, Pirelli sees itself at “the top of motorsport” thanks to its exclusive tyre supply to both the leading rally and single seater racing championships. “These successful campaigns confirm Pirelli’s leadership in world motorsport,” comments the tyre maker.
Pirelli H:01 Coach – better performance, higher loads
Say hello to new generation of Pirelli tyres for buses and coaches engaged in regional and long-distance service. The H:01 Coach line-up includes the FH:01 all-axle and the specialised TH:01 drive tyre fitment. Manufacturer Prometeon says its R&D team aimed to develop a product that satisfies the needs of operators in the sector while keeping pace with the evolution of both vehicle technologies and regulations covering CO2 emissions and noise.
Pirelli tyres OE on 34 new motorcycle models
No less than nine motorcycle manufacturers have selected Pirelli tyres as original equipment for their 2020 ranges. In total, seven different Pirelli motorcycle tyre lines will be supplied to 34 new models.
Pirelli: Several different factors behind retention of 2019 F1 tyres
Following the Formula 1 teams’ unanimous rejection of Pirelli’s proposed 2020 tyre specifications, the tyre maker has confirmed its intention to supply 2019 specification tyres to the 2020 F1 World Championship. Pirelli says it, the FIA and the F1 teams took “several different factors” into account in reaching this decision.
F1 vote rejects Pirelli 2020-spec tyres – 2021 18” plan ‘not affected’
Speculation that the Formula One teams may reject Pirelli’s 2020 tyre specifications has been confirmed. The FIA announced that teams voted unanimously against adopting the new 2020 specification rubber following the final test of the season in Abu Dhabi. Pirelli representatives have told Tyrepress that the FIA decision does not affect Pirelli’s future tyre developments. The exclusive tyre supplier plans to move to 18-inch tyres in the 2021 season.
Pirelli presents Paolo Roversi’s ‘Looking for Juliet’ 2020 Calendar in Verona
Pirelli has launched the 2020 edition of The Cal. Paolo Roversi’s “Looking for Juliet” was presented to the public today at Verona’s Teatro Filarmonico. Taking its inspiration, and location setting from Shakespeare’s play, the photographer said that he wanted to capture the “Juliet that exists in every woman.” The 47th Pirelli calendar features Claire Foy, Mia Goth, Chris Lee, Indya Moore, Rosalía, Stella Roversi, Yara Shahidi, Kristen Stewart, and Emma Watson.
Hamilton finishes emphatic F1 season as Pirelli turns to testing at Yas Marina
Mercedes and Lewis Hamilton won the final grand prix of the 2019 season with a one-stop medium-hard strategy. Red Bull's Max Verstappen in second used the same strategy at Yas Marina, Abu Dhabi, but the third-placed Ferrari of Charles Leclerc added a final soft stint to his medium-hard run plan, taking advantage of the red tyre's extra speed in the crucial closing stages of the race. Hamilton never lost the lead after gaining pole position in qualifying. He completed a hat-trick with a fastest lap on the hard tyre, which broke a lap record at Yas Marina that had stood since 2009.
Pirelli takes tyre hotel concept to Dubai
In mid-October Pirelli introduced its Pirelli Tyre Hotel concept to Dubai. The temperature-controlled facility at Pirelli’s P Zero World in Dubai is fitted with custom-designed racks designed to enhance health and longevity of tyres. The concept was first introduced by Pirelli at its Tyre Performance Centre in Burton-on-Trent, England.
Decennial shift in global PCLT tyre volume market share
The latest global tyre market share figures from tyre industry analyst Astutus Research show how long-established, leading players headquartered in Japan, Europe, and North America have seen their volume share diminish, while Chinese, ASEAN, and selected other markets’ tyre manufacturers’ share has risen. The analyst states that in aggregate, the ten leading PCLT tyre manufacturers based in Japan, Europe and North America (J-E-NA) have lost almost 6 percentage points of market share since the end of 2011 (OE and replacement segments combined, volumes in tyre units). In part this reflects a strategic choice of some to focus on the higher value premium segments of the market.