Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Motorcycling-Michelin MotoGP deal extended until 2023

Published 21/10/2017, 05:58 pm
© Reuters.  Motorcycling-Michelin MotoGP deal extended until 2023
MICP
-

MELBOURNE, Oct 21 (Reuters) - French manufacturer Michelin (PA:MICP) will continue to be the exclusive supplier of tyres to the MotoGP world championship until the end of 2023 after agreeing a new five-year deal with commercial rights holders Dorna Sports.

Michelin took over from Bridgestone at the end of the 2015 season after the Japanese company spent seven years as the first exclusive provider of tyres to the series.

"MotoGP has only continued to grow, excite and thrill fans since Michelin came on board ... and we are proud that our partnership will once again form the foundations of a further five years of stunning racing," said Dorna chief Carmelo Ezpeleta.

Italian manufacturer Pirelli has been the sole tyre provider to the Formula One world championship since 2011, while American companies Goodyear and Firestone are control suppliers to NASCAR and IndyCar racing series respectively.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.