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Pirelli: We may not be in Formula 1 next year

24 May, 2013 Paul Hembery with Bernie Ecclestone Formula 1 tyre supplier Pirelli warned teams on Thursday that they will quit the sport at the end of the season if a new contract from 2014 is not agreed soon. Motorsport director Paul Hembery did not hide his impatience when he told reporters at the Monaco Grand Prix that time was running out for the Italian company to design and test tyres suitable for radically different 2014 regulations. 'Apparently on 1 September we are meant to tell them (the teams) everything that they need to know for the tyres for next season. We are now mid-May so you can imagine how ludicrous that is when we haven't even got contracts in place,' he said. 'So...
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