Pirelli enters F1-tyre bid

Pirelli has announced that it will enter the tendering process to supply teams with tyres from 2011 onwards.

In a statement on Thursday, the Italian company said that it would submit its proposals to the FIA and the teams in a bid to become the sport’s standard supplier of rubber.

“Pirelli communicates its decision to present a technical and commercial offer for supply of tyres to all the teams in the Formula 1 world championship,” the statement said.

“The company plans to present the bid to FIA (Federation Internationale de l’Automobile) and FOA (Formula One Administration Limited) by 9 May, the date of the next Formula 1 Grand Prix to be held in Spain.”

The news will further delay any decision on the sport’s new tyre supplier, with Michelin and Cooper Avon having both entered the race.

Pirelli last supplied tyres to Formula One teams from 1989 to 1991.