The Miami Grand Prix will continue to bring together car racing enthusiasts until 2041, after the city extended the contract with Formula 1 until that date.

The circuit organization in Florida announced on Friday, May 9, the extension of the contract for another decade, which originally expired in 2031.

This agreement between the parties “reinforces the importance of Miami in the automotive elite, consolidating its presence as a key stage in the world season.”

The circuit will continue to bring together car-racing enthusiasts and will solidify the city as a stage for thrills until 2041.

“The decision comes at a time when Formula 1 continues to expand globally, with Miami solidifying itself as one of the favorite events for fans and drivers,” the media has pointed out.

M.Pino

Source: puntodecorte

(Reference image source: Brian McCall on Unsplash)

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The Italian brand Pirelli will continue to be the sole tire supplier on the Formula 1 grid until 2027, with the option to extend the agreement for another season, with the competition highlighting the manufacturer’s “positive commitment” to the drivers.

This new agreement, which extends the previous one by three years, came just 48 hours after the problems with the Pirelli tires at the Qatar Grand Prix. In the test, three mandatory stops were established every 18 laps, the limit set by the manufacturer for safety, given the curbs that were ‘harmful’ to the health of the tires.

Pirelli will continue as the sole supplier of the grid, a role it acquired in 2011, so this latest agreement will allow it to be so for 18 seasons, including a possible extension. “Over that time, they have responded to a number of sporting and technical changes, including the request to deliver 13-inch high degradation tires for 2011, wider tires in 2017 and the introduction of the current 18-inch rubber for 2022. “, highlighted F-1 in its statement.

The competition highlighted that Pirelli, which will also provide tires to Formula 2 and Formula 3, “has always been positively committed to the drivers, the teams, the FIA ​​and Formula 1 to deliver tires that allow excellent racing”, thanks to the analysis of data to “continuously improve year after year.”

The president and CEO of Formula 1, Stefano Domenicali, assured that the company is “an invaluable partner” in delivering “tires to enable fantastic races.” “The company’s commitment to quality, innovation and its deep knowledge of our sport will be vital in the coming years as we approach our new regulations in 2026,” he added.

In addition, Domenicali thanked the Japanese brand Bridgestone for the “impressive offer” to enter the World Championship. “They have a proud legacy in our sport and I would like to thank them for their highly professional and passionate commitment to us,” he said.

For his part, Pirelli executive vice president and CEO Marco Tronchetti Provera was “delighted” to expand his presence on the grid. “Pirelli was there when Formula 1 was born in 1950, and with this latest renewal, the firm will now be a protagonist for almost two decades of the modern era of F-1,” he said.

“Innovation and technology are embedded in Pirelli’s DNA, and Formula 1 constitutes the ultimate outdoor laboratory not only to test new technical solutions, but also to accelerate new research, development and production processes in tire manufacturing. “, he highlighted about the competition, adding that “being at the forefront until at least 2027 adds another important dimension of value.”

Finally, the president of the FIA, Mohamed Ben Sulayam, emphasized the “high level” of the brand “for many years” to continue “providing innovation and excellence” in F-1. “It is a unique challenge for the tire supplier and Pirelli has shown great commitment to producing tires that meet the extreme demands of these incredible cars,” he said.

“I would like to thank Pirelli for its continued support of motor sport not only in Formula 1, but in many other championships and categories at all levels. In the coming years work will continue to achieve greater progress both in terms of performance and sustainability, and Pirelli has made strong commitments to both objectives,” he concluded.

Source: dpa

(Main reference image source: picture alliance / Jens Buettner / dpa)

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If there is a competition that combines sport and technology like no other, it is Formula 1, which is rolling again this 2023 and which once again has Lenovo as a partner to give motor fans the best experience, participating in the execution of powerful on-premise data collection solutions, as well as in producing higher quality content and supporting broadcast applications.

Specifically, Lenovo technology helps Formula 1 with its on-site data collection solutions, improving data storage at events. In a sport where a hundredth of a second can make the difference between one team and another, Lenovo offers the competition a wide range of portable and desktop devices, as well as ThinkSmart monitors, tablets and intelligent collaboration solutions, supporting F1 operations both on the track and in the headquarters offices.

“We partnered with Formula 1 to implement Lenovo’s smartest solutions across the organization, helping push the boundaries of what’s possible and transform the racing experience. Formula 1 is focused on its digital transformation and continues to amaze and delighting their fans,” said Luca Rossi, president of Lenovo’s Intelligent Devices Group, upon completion of this collaboration, which began in 2022 and continues into this new season.

Technology designed for F1 fans

Lenovo’s High Performance Computing solutions are supporting broadcast video and broadcast control applications. Supercomputing technology promises to take processes to another level, which will have a direct impact on the fan experience.

High-throughput workstations will also be leveraged to support the most demanding activities, such as CAD design and graphics creation and editing. In the same way, Formula 1 is considering the use of augmented reality and virtual reality solutions to deepen, improve and expand its offer to the consumer.

A Formula 1 Grand Prix presents a spectacle like no other sporting event on earth. But the speed, precision and performance that fans see on the track wouldn’t be possible without a great deal of collaborative work that takes place behind the scenes throughout the year, and that features technology at its heart.

“This partnership is built on our shared passion for innovation, performance and the spirit of winning. Together, Lenovo and Formula 1 will push the limits of technology to help shape a faster, smarter and more sustainable future”, concludes Yang Yuanqing, Chairman and CEO of Lenovo.

Source: dpa

(Reference image source: Lenovo, Europa Press)

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The F1 announced, this Monday, June 29, that Cripto.com will become the new global and inaugural partner of its Sprint 2021 series, which will take place on July 17 and makes the exchange the official crypto sponsor of the career series and NFT partner.

According to published information, the contract amounts to about USD 100 million. In addition to the possibility of a prize, for one of the events, related to cryptocurrencies.

Ben Pincus, Formula 1 Trade Partnerships Director, said: “We will draw heavily on the ‘Crypto.com expertise’ as we explore the world of cryptocurrencies.“

In addition to stating that it is “an area in which we are very interested, and this will be the first time that, as a sport, we can offer fans the opportunity to explore this exciting world as we increase our digital presence.”

For his part, Kris Marszalek, CEO and co-founder of Crypto.com, highlighted that both companies are focused on innovation. “It is in the DNA of organizations like ours to find smart, technological solutions to difficult problems like tackling climate change.“

The exchange has already secured the appearance of its logo on the Aston Martin team, at Formula 1 events, an association that took place last March. For its part, the racing series announced its intention to be “net zero carbon” as a sport by 2030.

M. Rodríguez

Source: es.cointelegraph.com

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