Pirelli tyres are seen at the Formula One racetrack in Monza September 5, 2013. REUTERS/ Max Rossi
(Reuters) - Pirelli have renewed their Formula One contract and will remain the sport's sole tyre supplier for the next three years, the Italian company said in a statement on Thursday.
The news was expected, with the governing FIA saying last October that the contract would continue through an undefined "transition period" before any eventual tender. Pirelli had talked then of a five-year deal.
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