Pirelli Makes World-Class Tires, But Its U.S. Future Hangs in the Balance as Chinese Ownership Draws Washington's Scrutiny [Yahoo! Finance]
Liberty Media Corporation - Series C Liberty Formula One (FWONK)
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Source: Yahoo! Finance
Its distinctive P-Zero tires have graced everything from supercars to Formula One grids, and the Milan-based company has cultivated a global reputation as a go-to brand for enthusiasts and manufacturers. But now one of its most important markets is at the center of a geopolitical and regulatory storm that could reshape the company's future. At the heart of the controversy is Pirelli's ownership structure. What most drivers don't realize is that the company is no longer wholly Italian. A significant stake of roughly one third is held by Sinochem Group, which is a Chinese state-owned chemical and energy conglomerate. That presence, once viewed as a savvy way to tap into global capital and scale production, has become a liability as Washington tightens rules on Chinese-linked technology in the automotive supply chain. Under new U.S. regulations set to take effect in March 2026, hardware and software developed by companies controlled by Chinese entities may be barred from use in veh
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