Posted on 14 February 2011
Turkey: Pirelli to produce Formula One tyres in Turkey
Italian tyre manufacturer Pirelli has won the exclusive rights to supply tyres for Formula One racing teams between 2011-2013. The tyres to be used in the world’s most popular and prestigious motor sports event will be produced in Pirelli’s Turkey plant. The company, with an annual turnover of USD 40 billion, is celebrating its 50th anniversary in Turkey, where the company’s top executives are often stationed before assuming higher positions in Pirelli International.
The Milan-based firm will produce 45,000 racing tyres for Formula One teams per annum in its Izmit plant in Turkey. Andrea Pirondini, Executive Director of Turk Pirelli, Pirelli International’s Turkish branch, said, “Celebrating its 50th year, Turk Pirelli has become the production base for Pirelli racing tyres.”