14 May, 2013 Marco Tronchetti Provera Pirelli is now well on the road to securing a new contract to continue as Formula 1′s official tyre supplier beyond 2013. That is the claim of the Italian company's chairman and chief executive Marco Tronchetti Provera. In Bahrain, Pirelli's Formula 1 chief Paul Hembery had hinted that, with Pirelli's existing contract expiring, a deadline was now fast approaching. 'There is a time scale and I'm pretty sure I know what it is,' he said. On Sunday in Barcelona, the Briton said negotiations had continued in the days and weeks since Bahrain, and some progress had been made. 'We are moving in the right direction,' confirmed Tronchetti Provera,...
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