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The Formula 1 World Championship is warming up its engines at Jerez, Spain, where the teams are taking part in a test session from 7-10 February, trying out the new Pirelli tyres. Each car will have available to it the soft, medium and hard variants, as well as wet weather and slick tyres.

In the improbable eventuality of rain at Jerez over the next few days, drivers will also be able to count on the return of the historic Cinturato.

The teams have available to them a maximum of 100 sets of tyres for the tests and can, as part of that quantity, choose which tread compounds to adopt during the four days.

This will be the session when drivers will try out the ‘squarer’ profiles which, as announced in Abu Dhabi, will ensure extremely high performance and last longer but without renouncing spectacle. The Jerez circuit has many variants, especially ample fast and slow corners, enabling the teams to sample their tyres in the various driving conditions.

The new Pirelli P Zero Silver, the first road car tyre derived from Formula 1 technology, will be presented at Jerez simultaneously.

Categories: Formula 1 Pirelli

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Positive week for key european stock markets in the week from 30 January to 3 February (+3.1% Milan,London +2.9%,+3.3% Paris, Frankfurt +3.9%). The positive macroeconomic data on the manufacturing sector (China, USA, Germany) and the possibility of an agreement on the restructuring of greek debt improved the sentiment among operators.

Additional momentum was provided by the agreement among the European leaders on Fiscal Compact and European Stability Mechanism (the latter will start from July, with a fortune of € 500mld).

Best performance in Europe for Auto&Parts sector (+6.6% the Stoxx) benefiting from the first results for 4Q2011 (Fiat, Volvo, Scania) and positive recovery signs on U.S. car market grew by 11 .4% in January year over year. SAAR was over 14 million vehicles.

Good performance for Pirelli which ended the week at its highest price since July 2011: € 7.48, up 5.6% with an average daily trading volume about three million and a half .

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