Hankook Tire The Official Formula E Race Tire Supplier
As of Season 9, Hankook Tire will be the new and exclusive technical partner and tire supplier of the ABB FIA Formula E World Championship. According to their press release, Hankook Tire officially presented their newly-developed Hankook iON race tires to guests and representatives of Formula E at an event in the Swarovski Crystal Worlds in Austria.
The new Formula E race tires have been developed in a way that meets the sustainability needs of the Formula E Championship. With 30% made from sustainable materials, Hankook’s new Formula E tires have been developed without compromising track performance. The race tires can be used in both wet and dry conditions and have a longer durability rating, another way Formula E plans to save on resources and move further towards sustainability.
The new Hankook tires with make their Formula E debut on January 14th, 2023, at the Mexico City E-Prix.
For more than 80 years Hankook Tire has developed and innovated advanced technology and continues to lead the world into the future of the mobility industry.
“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.”
Hankook Tire is a South Korean tire company founded in 1941 as Chosun Tire Company. It was initially a small, local tire manufacturer in the Korean market, but it quickly expanded its operations and began exporting its products to other countries in the 1960s. In 1968, the company changed its name to Hankook Tire and continued to grow, establishing a global network of research and development centers and production facilities in various countries around the world.
Hankook Tire has a strong focus on research and development and has consistently invested in new technologies and innovative materials to improve the performance and safety of its products. In the 1980s, the company introduced its first radial tire, which became very popular in the global market and helped establish Hankook Tire as a major player in the tire industry.
Throughout the 1990s and 2000s, Hankook Tire continued to expand its global reach and established partnerships with major car manufacturers and motorsports teams. It became the official tire supplier for various motorsports events, such as the DTM touring car racing series and the World Rally Championship. Hankook Tire is now one of the top 10 largest tire companies in the world and has a presence in over 180 countries. It is known for producing a wide range of high-quality tires for passenger cars, SUVs, light trucks, and commercial vehicles.
Hankook Tires Hit the Track in Valencia, Spain.
Formula E teams have hit the track for the 2023 test drives in Valencia with their new Hankook Tires!