Formula E signs new deal with Hankook to be its tire supplier from S9

Formula E has signed a new deal with Hankook to be its exclusive tire supplier from Season 9 onward, as it partly ways with Michelin.

At an event in The Swarovski Crystal Worlds in Austria, Hankook officially presented the newly developed Hankook iON race tires to guests and representatives of Formula E, as well as international media. The new tire has been developed in close cooperation with the racing series and is particularly aimed at meeting the sustainability needs of Formula E and the future of e-mobility, without compromising motorsport performance, of course.

Nearly 30 percent of the new tyre, which is specially tailored to the third generation of Formula E race cars, is made of sustainable materials. The Formula E teams currently have access to a tire variant that can be used in both dry and wet conditions, in order to further save resources. Furthermore, the long durability of the tire is another pioneering step. After the respective race weekends, Hankook completely recycles every set of tires ensuring the championship is as sustainable as possible.

Sooil Lee, President & CEO of Hankook Tire & Technology: “A good three years ago, we at Hankook decided to become official technical partner and tire supplier of what is arguably the most progressive, modern and sustainable racing series in the world from the 2023 season.

“The philosophy of the Hankook brand and our strategic orientation towards an increasingly sustainable future also reflect the spirit and DNA of Formula E. Together, we will advance and significantly influence the development of modern motorsport over the coming years.”

Formula E CEO Jamie Reigle: “We are thrilled to welcome Hankook to the ABB FIA Formula E World Championship. We are proud to partner with a global player recognized as a top tire manufacturer that lives and breathes motorsport as a fundamental aspect of its corporate philosophy.

“Hankook’s vast experience working with race teams at circuits around the world, its pioneering innovation and commitment to sustainability make it a perfect match for the championship and our new Gen3 car.”

Race track to road

Consumers, in particular, benefit from the development of the new Hankook Formula E race tires highlighted by the race to road technology transfer. With its range of new iON road tires for both summer (Hankook iON evo) and winter (Hankook iON Winter) use, the premium maker offers products for resource-friendly mobility to be fitted on modern, premium electric cars.

A significantly lower rolling resistance for more range, high traction, even on wet roads and very good braking power for top safety and a high level of durability notably reflecting the demands that electric cars place on their tires.

[Note: The story is as per press release]