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Hankook Named Official Tire Supplier of Formula E

Hankook Tire will take over as the new and exclusive technical partner and tire supplier of the ABB FIA Formula E World Championship, the company announced.

The new Hankook iON race tire has been developed in close cooperation with the racing series and is aimed at meeting the sustainability needs of Formula E and the future of e-mobility, without compromising motorsport performance, the company said.

Nearly 30 percent of the new tire is made of sustainable materials and Formula E teams will have access to a tire variant that can be used in both dry and wet conditions, to further save resources. Additionally, after each race weekend, Hankook will completely recycle every set of tires, the company said.

The Hankook tires will make their on-track debut at the Mexico City E-Prix on Jan. 14, 2023.

“A good three years ago, Hankook decided to become the 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,” said Sooil Lee, President & CEO of Hankook Tire & Technology. “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.”

“We are thrilled to welcome Hankook to the ABB FIA Formula E World Championship,” said Formula E CEO Jamie Reigle. “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.”

A.J. Hecht

A.J. Hecht is the digital content editor of THE SHOP and host of the In Gear with THE SHOP podcast. Have an idea, a tip, or a question you’d like to see answered? Contact A.J. at ahecht@cahabamedia.com.

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