Pirelli ?ready? for new F1 contract

Pirelli says it is 'ready' to extend its contract with Formula 1 beyond this year, even though there remains the chance that the matter could go out to tender. The Italian tyre manufacturer is pleased with the way the two seasons since its F1 return have gone , and it is excited about its plans for 2013. Its contract comes to an end later this year, however, and the company is not yet in a position to make firm plans for 2014.

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