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‘No change’ after Pirelli’s China buyout – Hembery
Pirelli's F1 project is 'business as usual' despite the EUR 7 billion takeover of the historic Italian company by China. It emerged earlier this week that state-owned China National Chemical has secured control of Pirelli, which until now has been in Italian hands for more than 140 years. Pirelli chief executive Marco Tronchetti Provera, however, will keep his role. And the marque's F1 boss, Paul Hembery, told reporters in Malaysia that despite the Chinese buyout, it is 'business as usual'. 'We've had many different international shareholders over the years,' said the Briton. 'They've bought into the management team and an integral part of our vision and our work is also formula one so...
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9y ago from ThisIsF1.com
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