Is Pirelli Chinese?
2 Answers
Pirelli is a well-known Italian industrial enterprise that has reached a consensus agreement with China National Chemical Corporation (ChemChina) to jointly establish a new company, ultimately making ChemChina the largest controlling shareholder of Pirelli. Additional information about Pirelli is as follows: 1. Definition of Pirelli: Founded in 1872, Pirelli is a world-leading tire manufacturer and connectivity service provider. It is also the only company focused on the consumer tire market, with a unique positioning in the high-value tire market characterized by high technology and customization, offering excellent performance, safety, noise reduction, and grip. 2. Development of Pirelli: Pirelli continues to grow in the Asia-Pacific region, benefiting from extensive participation in regional motorsports. In addition to Formula 1, Pirelli is also involved in the GT World Challenge, Ferrari Challenge, Lamborghini Super Trofeo Super Challenge, China Endurance Championship, and China Rally Championship.
The Pirelli tire brand actually originated in Italy, founded in Milan back in 1872, making it a true century-old establishment. A few years ago, our China National Chemical Corporation acquired it, but that doesn't mean it's turned into a domestic brand—their R&D centers and production bases remain primarily in Europe. Every time I see those tires with the yellow 'P' logo on the racetrack, I'm reminded of its glorious track record in F1 races, being one of the world's top five premium tire brands. When it comes to performance, their P Zero series offers exceptional grip stability, though the price is a bit steep. Domestic brands like Chaoyang and Linglong have made rapid progress in recent years, offering great value for money.
