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Pirelli sees FY operating profit at top end of forecast...
Italian tyremaker Pirelli said on Thursday its operating profit would come in at the higher end of its forecast range this year. The company said it now sees its margin on adjusted earnings before interest and tax at around 15%, versus a previous forecast of around 14.5-15.0%.
America's Tire opens Dickson City location America's Tire sells a selection of tire brands including Michelin, Nitto, Goodyear, Bridgestone, Pirelli, Falken, Continental and Cooper. The Dickson City location is the company's fifth in Pennsylvania.
Max Verstappen is Lone Star but error-prone Sergio Perez is in danger Max Verstappen must feel at home in the Lone Star state, such has been his dominance this year. Lewis Hamilton is the Circuit of the Americas’ most successful combatant, having stood on the top step of the podium and donned the Pirelli-branded Stetson five times. Austin’s proximity to Mexico and large Hispanic population mean for Sergio Perez this is like a second home race.
Nico Rosberg pulls no punches and rips apart Lance Stroll's Qatar Grand Prix 'excuse' Aston Martin driver Lance Stroll picked up a track limits penalty at the Qatar Grand Prix. The 24-year-old finished ninth on the circuit but was bumped out of the scoring positions to 11th after incurring a time penalty. The limits had been tightened by FIA after Pirelli raised concerns about their tyres enduring the harsh Lusail kerbing.
Motor racing-Pirelli to remain Formula One's tyre... Pirelli to remain Formula One's sole tyre supplier until at least 2027. Italian company will also supply tyres to the Formula Two and Three support series. Latest contract extends Pirelli's current involvement in Formula One to 18 years.
F1 drivers must change tires at least every 18 laps at the Qatar Grand Prix over safety concerns | AP News The FIA is acting over concerns that the Pirelli tires are being damaged. The ruling means cars will have to stop at least three times unless the race is cut short. Cars that use the same tires for more than 18 laps will be considered to be ‘in an unsafe condition’
Qatar Grand Prix live: Latest updates as Max Verstappen starts on pole and Carlos Sainz ruled out There is a mandatory limit on how long tyres can be used after Pirelli warned of the risk of sudden blowouts. A limit of 18 laps of total tyre life per set will be imposed for the 57-lap race, effectively making it a three-stopper.
FIA imposes lap limit on Qatar GP tyres for safety reasons A limit of 18 laps of total tyre life per set will be imposed for the 57 lap race. Pirelli's analysis of returned tyres used in Friday's sole practice session found a small separation in the sidewall between the topping compound and the carcass cords. The FIA had warned on Saturday that Sunday's grand prix could become a mandatory three-stop race.
Motor racing-FIA imposes lap limit on Qatar GP tyres... FIA imposes lap limit on Qatar GP tyres for safety reasons. Pirelli had warned of the risk of sudden blowouts. Sunday's grand prix could become a mandatory three-stop race.
Motor racing-Tyre concerns trigger emergency safety... FIA introduce extra practice session ahead of Saturday's title-deciding sprint. Sunday's Qatar Grand Prix could become a mandatory three-stop race. Pirelli's analysis of tyres used in Friday's practice found a separation in sidewall.
F1 boss blasts 'embarrassing' Qatar GP tyre safety issues as FIA intervenes Guenther Steiner feels F1 should be embarrassed about safety problems. The FIA made changes to the Losail Circuit track ahead of the Sprint Shootout on Saturday after Pirelli raised concerns over the condition of the tyres used in practice. The track has been narrowed at turns 12 and 13 in the hope of reducing the damage done to the tyres. Haas team principal Steiner said it was "a concerning thing for the future"
FIA faces F1 driver fury at Qatar GP over changes amid safety concerns at track Pirelli analysis on tyres used in practice on Friday showed worrying signs of unexpected wear, which the FIA believes was being caused by 'pyramid' kerbs at the Losail Circuit. The FIA chose to paint the track to narrow turns 12 and 13 by around 80cm to stop drivers from driving over the particularly abrasive parts of those kerbs in that section of the track. A 10-minute practice session was put on before the Sprint Shootout on Saturday so the drivers could have a few laps to get used to the new, tighter corners.
F1 take rare step with Qatar GP rule that could cause Lewis Hamilton and Verstappen chaos Pirelli noticed tyre damage following qualifying and have imposed a 20-lap limit for new tyres used in the race, and 22 for used, while track limits have been revised in Turns 12 and 13. An extra 10-minute 'practice familiarisation' has already been added ahead of the Sprint Shootout on Saturday.
F1 introduce major Qatar GP changes that risks angering Verstappen and rivals The FIA have made changes to the Qatar Grand Prix. Drivers could be forced to take at least three pit-stops. The FIA discovered serious issues with the Pirelli tyres used in qualifying. Max Verstappen starts on pole in Qatar on Sunday.
Pirelli's Chinese investors terminate shareholder agreement The two investors hold stakes of 37 per cent and 9 per cent respectively. Silk Road Fund had committed to follow Sinochem's votes at Pirelli shareholder meetings on selected matters.
Pirelli's Chinese investors terminate shareholder... The two investors, which hold stakes of 37% and 9% respectively, had initially signed the shareholder agreement in 2020. Silk Road Fund had committed to follow Sinochem's votes at Pirelli shareholder meetings.
F1 and FIA risk Max Verstappen and Lewis Hamilton anger with unpopular rule change planned F1 and FIA bosses are in talks with Pirelli on how they can implement the Alternative Tyre Allocation (ATA) on a permanent basis. Lewis Hamilton and Max Verstappen are in agreement on the ATA. The regulation change has been trialled to help F1's move to become more sustainable.
Get a BTS Look at the Starry 2024 Pirelli Calendar with Naomi Campbell, Angela Bassett, Idris Elba and More! The 2024 Pirelli calendar was photographed by Ghanaian visual artist Prince Gyasi. The calendaro spotlights boundary-breaking talent, including Naomi Campbell, Idris Elba, Angela Bassett, Amanda Gorman, Teyana Taylor.
Pirelli gets new board after battle over Chinese influence Andrea Casaluci, previously General Manager Operations, promoted to CEO. He succeeds Marco Tronchetti Provera, the Italian businessman who has been in charge since 1992. Pirelli's new chairman is Jiao Jian, the chief executive of leading shareholder Sinochem.
Pirelli gets new board after battle over Chinese influence Pirelli's new chairman is Jiao Jian, the chief executive of leading shareholder Sinochem. Andrea Casaluci, previously General Manager Operations, has been promoted to CEO. He succeeds Marco Tronchetti Provera, the Italian businessman who has been in charge since 1992.
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