Formula 1 is going to open bidding for exclusive tyre suppliers in order for them to be a part of the sport from 2020 to 2023.
The tyre dimensions will see a change from 2021, with the 18-inch tyre set to replace the current 13-inch tyre.
The front wheel width will also undergo change, reducing from 305 mm to 270 mm. The rear wheel width stays firm at 405 mm.
Also, along with these tyre changes the tyre warming blankets will also be discontinued.
“In keeping with the overall objectives for the evolution of the Formula 1 Technical Regulations in 2021, which aim (amongst other things) to improve the racing spectacle, significant changes to the tyre dimensions are planned ” a FIA statement read, according to Racefans.
The last day for the tender submission is 31st August.
FIA will then examine if the tyre manufacturers that have expressed interest meet the required technical and safety requirements.
The process will then move forward to Liberty Media, who will then take care of the commercial aspect of the deal and finally announce an exclusive tyre manufacturer from 2020-2023.
“The FIA shall officially appoint the single supplier and contract with it in connection with the basis on which it will supply the competitors and any sporting considerations. The commercial rights holder of the championship shall be solely entitled to contract with the appointed single supplier concerning any rights of association with the championship to be conferred on the single supplier,” the statement added.
After the entire process is done with, the FIA will sit and discuss with the tyre supplier about how to address factors related to degradation, durability, temperature working range and wear characteristics.
“The FIA will reserve the right to amend these requirements once per calendar year.” the FIA statement read.