PIRELLI & C MIL:PIRC Price, Chart, News & Insight

Pirelli Introduces New Compound Tyre for Moto2 at Spanish Grand Prix

Pirelli is bringing a new rear development tyre to this weekend's Spanish Grand Prix at Jerez de la Frontera, giving Moto2 riders the chance to test an updated supersoft specification alongside the standard option.

The new tyre, designated F0192, shares the same structure as the existing supersoft SCX but features a revised compound aimed at improving wear resistance and performance consistency over race distance. Crucially, the standard SCX will also be available, allowing riders to make a direct back-to-back comparison under identical track and weather conditions.

Pirelli notes that Jerez is well suited to evaluating soft tyre options, thanks to its relatively low-abrasion asphalt and typically warm spring temperatures. Each Moto2 rider will have access to up to 10 rear tyres across the weekend. For Moto3, Pirelli is sticking with proven solutions — the soft SC1 and medium SC2 for both front and rear axles.

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WS Investor 04-20-26

Milan, April 15, 2026 — Pirelli has unveiled a new P Zero R tire developed specifically for the latest Porsche 911 Turbo S, leveraging technology derived from its motorsport experience.

The ultra-high-performance tire is engineered to handle the vehicle’s 711 hp output and 800 Nm of torque, delivering enhanced grip, traction, and dynamic response. It is designed to perform consistently across various driving conditions, with particular focus on wet safety, reduced noise, and improved efficiency.

Developed under Pirelli’s “Perfect Fit” strategy in collaboration with Porsche, the tire features customized dimensions and specifications tailored to the vehicle, including wider rear tires to optimize traction and handling.

Pirelli said the new product reflects its continued focus on transferring racing technology to road applications, supporting high-performance driving while maintaining comfort and control.

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European Investor 04-15-26

Pirelli & C. S.p.A. announced the debut of a new soft rear tyre, F0298, for the WorldSBK Dutch Round at TT Circuit Assen.

The new development tyre is designed to improve stability and deliver greater performance consistency over race distance, offering an alternative to the standard SC0 compound. It will be available alongside Pirelli’s existing DIABLO Superbike rear tyre range, including SCX (supersoft), SC0 (soft), and SC1 (medium).

The Assen circuit, known for its mix of fast and technical corners and variable weather conditions, provides a demanding environment for tyre performance, making consistency and adaptability critical.

Overall, the introduction of the F0298 highlights Pirelli’s ongoing development efforts to enhance race performance and support teams with more versatile tyre options under varying track conditions.

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Global Finance News 04-14-26

Maserati S.p.A. announced its continued participation in the 2026 GT2 European Series powered by Pirelli, with at least four Maserati GT2 cars confirmed for the starting grid.

The lineup will include teams such as LP Racing, Dinamic Motorsport, and newcomer i4Race, with defending Am class champion Philippe Prette among the drivers. The season will feature five rounds across Europe, beginning in Monza in May.

Maserati said its growing presence in GT2 racing builds on recent participation across multiple series and reflects its broader return to competitive motorsport. The brand aims to build on strong prior performances and target further success during its centenary year of racing heritage.

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Global Finance News 03-27-26

Pirelli named “Supplier of the Year” by Hyundai Motor Group

March 25, 2026 — Pirelli has been awarded “Supplier of the Year” by Hyundai Motor Group, recognizing its product quality, supply chain performance, and collaboration with the automaker.

The award highlights Pirelli’s ability to maintain stable supply and support Hyundai’s global production network amid ongoing industry transformation and supply chain challenges. The company’s global manufacturing footprint, particularly in Asia, has enabled flexible and reliable delivery.

Pirelli’s technology collaboration with Hyundai is reflected in recent models such as the Genesis GV60 Magma and Hyundai Ioniq 6 N, both equipped with Pirelli’s latest P Zero tyres featuring PNCS™ and ELECT™ technologies designed for electric and hybrid vehicles.

The company noted that its ELECT™ technology has achieved more than 800 original equipment homologations since 2019, underscoring its role in the transition to electrified mobility.

Pirelli said the award reinforces its long-standing partnership with Hyundai Motor Group and its commitment to innovation in the evolving automotive sector.

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European Investor 03-25-26

Pirelli has unveiled its new P ZERO Race TLR SL-R, positioning it as the fastest and most aerodynamic road tyre in its racing lineup, aimed at maximizing speed for competitive and high-performance cycling.

The tyre introduces Pirelli’s patented PAAS (Pirelli Advanced Aerodynamic System) technology, designed to optimize airflow between the tyre and rim, delivering aerodynamic savings of up to 15 watts under certain conditions. It also features a new LiteCORE casing that reduces rolling resistance by 10% compared to previous models, enhancing efficiency without compromising handling.

Developed with input from professional WorldTour teams, the tyre combines lightweight construction, improved grip in both dry and wet conditions, and enhanced stability at high speeds. Manufactured in Italy using FSC-certified natural rubber, the product is now available in selected sizes, with further expansions planned later this year.

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Global Finance News 03-24-26

Pirelli announced that its P Zero R and P Zero Trofeo RS tyres, originally developed for high-performance sportscars, are now available in the aftermarket segment.

The new range leverages experience from partnerships with leading automakers and has already been applied to over 60 vehicle models, offering enhanced grip, handling, and track performance for premium and performance vehicles.

The P Zero R was recently ranked the top-performing tyre in 2026 tests by Tyre Reviews, highlighting its strong performance in both dry and wet conditions, while the Trofeo RS is designed for consistent high performance in demanding track environments.

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WS Investor 03-23-26

Pirelli met its 2025 targets, delivering higher profitability, improved margins and a sharp reduction in leverage, while proposing an extraordinary dividend following strong financial performance.

For the full year 2025, revenues reached €6,776.2 million, at the upper end of guidance, with organic growth of 4.2%. Including negative forex effects and the deconsolidation of Däckia, revenues were broadly stable year-on-year. The High Value segment strengthened further, accounting for 79% of total sales (2024: 76%). Price/mix improved by 3.8%, reflecting a continued shift toward premium products and favorable regional mix.

Adjusted EBIT rose 2.0% to €1,081.4 million, with the adjusted EBIT margin increasing to 16.0% (2024: 15.7%), despite headwinds from foreign exchange, tariffs and input cost inflation. Net profit increased 5.9% to €530.7 million. Net cash flow before dividends more than doubled to €1,073.8 million. Net financial position improved significantly to -€1.1 billion, well ahead of the ~-€1.6 billion target, with the net financial position/adjusted EBITDA ratio falling to 0.71x.

In the fourth quarter, revenues were €1,581 million, with organic growth of 6.1%. Adjusted EBIT was stable at €245.9 million, while the margin rose to 15.6%. Net profit totaled €130.1 million.

Reflecting strong results and reduced leverage, the Board will propose a total dividend of €0.34 per share, including an extraordinary dividend of €0.10 per share.

For 2026, Pirelli targets revenues between approximately €6.7 billion and €6.9 billion, an adjusted EBIT margin of around 16% (slightly higher than 2025), net cash flow before dividends of about €0.5 billion, and a year-end net financial position of roughly €1.2 billion, corresponding to a leverage ratio of around 0.75x.

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WS Investor 02-26-26

Pirelli Brings Full Tyre Range to Second Bahrain F1 Test

Pirelli will make its complete dry-weather tyre range available for the second pre-season Formula 1 test at the FIA Formula 1 World Championship circuit in Sakhir, Bahrain, from February 18–20, 2026.

Unlike the first session, where only the three hardest compounds were supplied, teams can now select from all five compounds (C1–C5). Each team may use 24 sets, including tyres previously run for no more than nine laps.

The most popular choices are C3 and C2, selected by ten of the eleven teams. Mercedes opted exclusively for the three hardest compounds. McLaren, Ferrari, Racing Bulls, Audi and Haas added C4, while Red Bull, Alpine, Williams and Aston Martin chose softer allocations. Aston Martin selected only the three softest compounds (C3–C5). New entrant Cadillac is the only team to request at least one set of every dry compound.

Track sessions will run daily from 10:00 to 19:00. For testing identification, C1 and C2 feature white logos, C3 and C4 yellow, and C5 red. The harder tyre within each colour pair carries a chequered sidewall pattern, meaning only C2 and C4 appear without it.

The second Bahrain test marks the final preparation phase before the 2026 Formula 1 season officially begins.

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European Investor 02-16-26

Pirelli’s board of directors voted by a majority (9 in favor, 5 against) to support CEO Andrea Casaluci’s position that Cyber Tyre activities must remain fully integrated within the group and should not be compartmentalized, separated, or segregated, the company said on 5 February 2026.

The board agreed that separating the Cyber Tyre business would be unfeasible and would undermine Pirelli’s integrated business model by destroying synergies, increasing costs, weakening financial solidity, and eroding competitiveness. Management stressed that Cyber Tyre is a strategic technology in an automotive landscape increasingly defined by connected vehicles, software-defined architectures, and autonomous driving, where tyres have evolved into advanced systems that collect and transmit data in real time.

Pirelli highlighted that its Cyber Tyre technology is already used by leading prestige carmakers and can also interact with road infrastructure, supporting smart road services and network monitoring through existing agreements with the Apulia Region, Movyon (Autostrade per l’Italia group), and Anas. The company warned that fragmenting the business would limit access to key patents, slow technological development, and fail to address constraints stemming from U.S. regulations.

The board also acknowledged notifications submitted to Italy’s Golden Power Authority following the decision not to renew the shareholder agreement governing Pirelli with Sinochem Group, which expires in May 2026. Separately, shareholder CNRC notified authorities of proposals that include potential Cyber Tyre segregation and changes to board nomination mechanisms, subject to regulatory assessments on “critical technology” status and U.S. regulatory considerations.

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European Investor 02-08-26

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