Pirelli Archives - Page 131 of 213 - Tyrepress

Known for its style, speed and performance marketing values, Pirelli & C. S.p.A. is a multinational company based in Milan, Italy, listed on the Milan Stock Exchange since 1922, with a temporary privatization period by the consortium led by the Chinese state-owned enterprise ChemChina.

Tag Archive for: Pirelli

Pirelli begins its F1 adventure

All the speculation and arguments surrounding the new Pirelli PZero Formula One tyre will be momentarily hushed as the action finally gets underway in Melbourne, with teams grappling with the novel conditions of a new tyre with completely different characteristics to the former Bridgestone Potenza model. After 33 days of testing (15 at official tests and 18 in private testing) this weekend’s Australian Grand Prix will give Formula One the chance to see how the new rubber will affect the way teams approach the race; debates around the tyres will begin once again after the race’s conclusion, but what is certain is that those drivers best equipped to deal with the different tyres will be those who prevail.

22nd March 2011/by Tyrepress Editors

Latest Pirelli facility showcased in presidential visit

It’s been 150 years since the unified Kingdom of Italy was formed, and to mark the occasion Pirelli presented the country’s head of state with a Formula One tyre resplendent in the tricolour of Italy’s national flag. The presentation took place during a March 19 visit by the President of the Republic, Giorgio Napolitano, and his wife to the Italian tyre maker’s new facility in Settimo Torinese, Turin Province. Escorted by Pirelli chairman Marco Tronchetti Provera and Pirelli Tyre CEO Francesco Gori, Italy’s president toured the new site, which will reach full operational status during the year and be officially inaugurated before the end of 2011. Accompanying Mr. Napolitano and Pirelli’s senior management were a number of regional figures, including the president of the Piedmont region, Roberto Cota, the president of the Turin province, Antonio Saitta, the mayor of Settimo Torinese, Aldo Corgiat Loia, the head of Turin’s prefecture. Alberto Di Pace, and the rector of the Politecnico di Torino, Francesco Profumo.

21st March 2011/by Tyrepress Editors

Pirelli’s Hembery made Richard Burns Foundation trustee

Paul Hembery, Pirelli’s motorsport director, has become a trustee of the Richard Burns Foundation, established in memory of the 2001 world rally champion. “Richard was the first world champion I worked with and he set the bar in terms of being a highly motivated and competitive athlete, while remaining a very grounded, decent person and I was proud to call him a friend,” said Hembery. “Taking on the role of trustee for the Richard Burns Foundation is a privilege.”

15th March 2011/by Tyrepress Editors

Pirelli admitted into John Deere Hall of Fame

The ‘hall of fame’ is a uniquely American way of showing esteem to a person or company; typically, only those who display exceptional skill or merit in their specialty area are admitted. It is thus with pride that Pirelli has announced its Agro business unit has been admitted into the John Deere Hall of Fame.

15th March 2011/by Tyrepress Editors

De la Rosa returns to McLaren; Pirelli to announce new F1 test driver

Pedro de la Rosa, who last September stepped in to replace Nick Heidfeld as Pirelli’s Formula One test driver following the German’s unexpected and ultimately short-sighted departure, has rejoined the McLaren F1 team as official test and reserve driver. De la Rosa originally joined McLaren back in 2003 and worked with the team for more than seven seasons, helping develop cars that scored 29 victories, not to mention the drivers’ world championship with Lewis Hamilton in 2008.

10th March 2011/by Tyrepress Editors

F1 tyre testing options boosted by regulation amendment

Amendments to the Formula One Sporting Regulations announced by the World Motor Sport Council on March 8 give tyre supplier Pirelli the option of evaluating new types of tyre during race meetings this year. The amendment states that “at certain events, one additional specification of dry weather tyre may be made available to all teams for evaluation purposes.” The Italian tyre maker adds that the option to try out new tyres “will be entirely at the discretion of the FIA, together with Pirelli, and it will only be exercised if the correct opportunity arises.”

9th March 2011/by Tyrepress Editors

Preliminary report: Pirelli 4Q improves on estimates

A preliminary report from analysts suggests that Pirelli’s fourth quarter financial figures have beaten consensus estimates in terms of earnings before interest and tax by 15 per cent, leading banks to predict an upgrade to the company’s stock value. Net debt is also lower than expected according to the report, while analysts called the Italian manufacturers message that its pricing will offset higher raw materials costs “very confident”.

8th March 2011/by Tyrepress Editors

Pirelli, F1 teams return to Barcelona for further tests

The cancellation of the Bahrain Grand Prix has prompted the arrangement of an extra Formula One test session, and today Pirelli returns to Barcelona along with the 12 teams competing in this season’s championship. Tests will take place over a five-day period, with each team testing for a maximum of four days each. This test period will bring the teams’ total number of pre-season test days up to the agreed upon 15 days.

8th March 2011/by Tyrepress Editors

Pirelli signs agreement with Genan for recycled tyre rubber reuse research

Pirelli has announced that it has signed a research agreement with Danish tyre recovery company Genan to find ways of reusing industrial raw materials in tyre production. Managing director of Pirelli Tyre, Francesco Gori said: “Being able to reduce the dependence of the production cycle on natural rubber by 10 per cent could produce considerable savings”. Gori also said the use of materials recovered from tyres could become a necessity based on “sustainability”.

2nd March 2011/by Tyrepress Editors

Stapleton’s: 4×4 consumers are monitoring spending closely

As we have seen in the opening article of this year’s 4×4 feature, despite the current high fuel prices and doom and gloom of the economy, the 4×4 vehicle parc seems to grow unhindered. However Stapleton’s believe the high running costs associated with 4x4s are leading consumers to monitor their spending more closely, with many looking to make savings on their purchases.

“We aim to have one of the most comprehensive ranges of tyres in the market. In order to help retailers who may be feeling the effects of the current economic climate, with some consumers looking to spend less per visit, we offer a range of 4×4 tyres including our exclusive brands Matador and Nexen, which have sizes for all high-performance vehicles and SUVs,” said Steve Parker, Stapleton’s trading director, adding:

25th February 2011/by Tyrepress Editors

Pirelli F1 progress “fantastic”: Williams technical director

Following Jarno Trulli’s less than complimentary assessment of the current Pirelli Formula One tyre (see link below), Williams technical director Sam Michael has countered that “from a time period point of view, Pirelli have done a fantastic job.” Michael pointed out the continuing development Pirelli is completing and the fact that the inevitable differences in the tyre is a challenge the teams will need to engage with, since the change of supplier at the end of the 2010 season.

25th February 2011/by Tyrepress Editors

Pirelli to boost China capacity to meet “high end” demand

Within the next two years capacity at Pirelli’s Jining factory in China’s Shandong province will double to ten million tyres per annum. During a China-based interview with Bloomberg TV on February 24, company chairman Marco Tronchetti Provera mentioned the capacity expansion as part of a 300 million euro investment in China to be made over the coming three years – Pirelli previously postponed its investment there in 2009 due to the recession.

25th February 2011/by Tyrepress Editors

Trulli tells Autosprint: Pirelli F1 tyres “aren’t balanced yet”

Jarno Trulli, driving for the Lotus team in the 2011 Formula One season, has suggested that sole tyre supplier Pirelli’s PZero Formula One tyres have “[missed] something in development, because the tyres aren’t balanced yet.” While Pirelli has stated its satisfaction with the current tyre and the quicker wear-rate so far experienced is a deliberate feature to encourage more tactical tussling between the teams. However, veteran driver Trulli believes that: “tyre wear is secondary compared to the tyre's balance problems, because at the moment you get on the track with a new tyre that initially is understeering, and after three laps the behaviour is the opposite, that is impossible oversteering."

24th February 2011/by Tyrepress Editors

Pirelli chairman resigns from Libyan Investment Authority board

Pirelli chairman Marco Tronchetti Provera has resigned from his position on the advisory board of the Libyan Investment Authority, which is the eighth largest shareholder of the multinational financial institution UniCredit, according to a Reuters report. The decision to resign came “in the face of the tragic events that are hitting the Libyan people,” according to a Pirelli statement. Tronchetti Provera has been on the LIA’s investment committee since March 2009.

23rd February 2011/by Tyrepress Editors

Low Barca temperatures led to different F1 tyre characteristics: Hembery

Pirelli’s motorsport director Paul Hembery has noted the different characteristics of the company’s Formula One PZero tyres in unusually cold Barcelona testing last weekend, admitting that “ambient temperatures were not what we hoped to see”. Tests started in temperatures as low as only 6 degrees centigrade, and Hembery made the point that Grands Prix will be run in temperatures “of at least 15 degrees”. Nevertheless, Hembery was pleased with the attention being paid to the tyres, as Pirelli makes its debut in Formula One’s modern era.

22nd February 2011/by Tyrepress Editors