Paul Hembery says Pirelli want to remain in F1 after their current deal expires
Italian manufacturer's current deal expires at end of the season
By William Esler
Last Updated: 28/02/13 9:34pm
The Italian manufacturer returned to F1 in 2011 with the mandate of spicing up the racing by creating unpredictable tyres that would force the teams into making additional pitstops.
Hembery says Pirelli would like to continue into 2014, but that agreement on an extension depends on many factors.
"We are hoping this is not our goodbye year, we have said we would love to stay in the sport a bit longer, but that depends on many factors," he told Sky Sports F1.
"If we can find a solution that works for everyone then we would like to stay around. We just want to make sure we deliver a reliable and safe product that contributes towards some good racing and some excitement for the fans."
When asked about a timeframe Hembery was reluctant to set a date, but admitted they need to know soon to develop tyres for 2014.
"Time is pressing on," he added.
"We have a lot of people working on the F1 programme and we and the sport need get something sorted out sooner rather than later."