Formula 1 Rumor: Isola denies Pirelli will leave F1 after 2027

(GMM) Mario Isola, Pirelli’s F1 boss, has hit back at circulating paddock rumors suggesting the Italian company will exit Formula 1 at the end of 2027.

Last year, following a challenge by Bridgestone, Pirelli secured yet another contract with Formula 1 to remain the sport’s sole tire supplier.

But it’s now being rumored that Bridgestone, a Japanese company with a rich history in F1, will definitely take over from 2028 as Pirelli exits.

“I don’t believe the rumors that there will be a change in tire supplier from 2027,” Isola is quoted by the Japanese outlet as-web.jp.

“We have had the tire supply contract since 2011 so we’ve been in that role for a long time and I wonder who would have spread rumors like that.”

Related Rumor: Bridgestone will supply F1 tires in 2029

Isola insists that the benefits of being in Formula 1 still outweigh the costs, and thinks the rumored interest of rival brands like Bridgestone is a good sign about the sport’s health.

“Each year we take on new challenges and we are not yet bored with them,” he said. “Obviously, the length of our contracts has been very long and I understand why other manufacturers have entered the market and what they want.

“So this is positive in itself, but it does not mean that we will leave in 2027,” added the Italian. “Pirelli will re-examine its position at a later date.”