It took twenty years for Pirelli to make the financial decision to re-enter formula one.
That is the admission of the Italian tyre maker's president Marco Tronchetti Provera, as he discussed Pirelli's return to F1 in 2011 as sole supplier.
"We were absent from formula one for some 20 years due to the costs," he reportedly said this week, according to Speed Week.
"Bernie Ecclestone repeatedly asked us, but each time I answered 'If we are paid, then we come'.
"But to be honest, not until mid-2010 did it become clear that the role of the sole supplier is actually paid. So we tried and we were awarded the contract," said Provera.
In 2014, Pirelli's second three-year...
Full Story »