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Pirelli management approves 2014 F1 foray

Pirelli is inching towards a deal to stay in formula one beyond its 2013 contract. The Italian marque's F1 chief Paul Hembery revealed at Silverstone that new contracts with the commercial rights holders and most of the teams are in place for 2014. And the latest step is the full support of Pirelli's upper management, he added. "The company has had many internal discussions about our work, and fortunately we were able to convince the leadership that we should stay," Hembery is quoted by the Russian website f1news.ru. "We have some good ideas to make further progress and will try to implement them. "We have a contract with the owner of the commercial rights and the...
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