Pirelli threaten to walk away from Formula One

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The pressure on Pirelli may have finally tolled as the Italian tire supplier has openly threatened to walk away from Formula One for the first time.

After receiving criticism from many teams and drivers for producing tire compounds that were too aggressive, Pirelli agreed to a revision of their current design in time for next month’s Canadian Grand Prix. However, with their contract set to expire at the end of the season, Pirelli’s F1 chief Paul Hembery has admitted that a renewal may not be viable.

“Apparently on September 1st, we are meant to tell them [teams] everything that they need to know with the tires for next season, but now we are in mid-May,” Hembery said in an interview with multiple publications.

“You can imagine how ludicrous that is when we have not got contracts in place. Maybe we won’t be here.”

2014 marks a big change in Formula One’s technical regulations, with V6 turbocharged engines set to replace the current V8 configuration. Hembery admitted that the change may be too great for Pirelli to keep up with as well as refining the current tires.

“It is not just a case of maybe putting a harder compound on to this year’s tires – the changes are so dramatic that we will need to do a thorough re-engineering of the tire. That takes time, so the longer is goes on it makes our job impossible.

“There comes a time where we will not have time to do the job any more.”

This will undoubtedly alert many other tire manufacturers that the Formula One contract could be up for grabs, yet they will also be aware of the great pressure placed upon producing the ‘right’ tires. With Honda set to return to the sport in 2015, it may be a sign that the worst of the financial crisis is over, allowing for the likes of Bridgestone or Michelin to return next season should Pirelli opt to walk away at the end of the year.

Lewis Hamilton receives Daytona 500 invitation from Bubba Wallace

Lewis Hamilton Bubba Wallace
Rudy Carezzevoli/Getty Images
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Lewis Hamilton is a fan of the new NASCAR Cup Series team formed by Denny Hamlin and Michael Jordan to field a car for Bubba Wallace.

Will the six-time Formula One champion also be a fan in person at a NASCAR race in the near future?

Wallace is hoping so.

After Hamilton tweeted his support Tuesday morning about the news of a Hamlin-Jordan-Wallace team making its debut with the 2021 season, Wallace responded with a sly invitation to the Daytona 500.

Much would need to be worked out, starting with how much garage and grandstand access would be afforded for a 2021 season opener that likely would occur during a still ongoing novel coronavirus (COVID-19) pandemic.

But it would seem fitting given that Hamilton and Wallace have been two of the world’s most outspoken Black athletes about the quest for diversity and racial justice. Hamilton recently reaffirmed his commitment to activism after his donning a Breonna Taylor shirt sparked an FIA inquiry. Time just published a brief piece by Wallace saluting Hamilton as a trailblazer.

The idea of Hamilton attending the NASCAR season opener already had legs, too. The Mercedes AMG Petronas F1 driver has expressed a desire to race the Daytona 500 after he has retired from Formula One.

He was a spectator (with racing legend Mario Andretti) at four-time champion Jeff Gordon’s final Cup race as a full-time in the 2015 season finale at Homestead-Miami Speedway. In 2011, Hamilton swapped cars with three-time champion Tony Stewart at Watkins Glen International.

Having rubbed shoulders with other racing greats so often, it would seem right for Hamilton — who is one victory from tying Michael Schumacher’s career record and also could tie the F1 record with a seventh championship this season — to spend some time with the greatest basketball player of all time.

Jeff Gordon was flanked by Mario Andretti and Lewis Hamilton before the 2015 Cup season finale at Homestead-Miami Speedway (Jared C. Tilton/NASCAR via Getty Images).