Hankook Tire Co., the world's seventh-biggest tiremaker by sales, said on Nov. 27, 2018 it will exclusively supply tires to the Formula 4 United States Championship and the F3 Americas Championship for three years.
In a deal with SCCA Pro Racing, the sanctioning body behind the two championships, Hankook Tire will supply racing tires to the championships from 2019 to 2021, the company said in a statement.
Being selected as an exclusive tire supplier to the racing competitions means Hankook Tire's products exhibit the durability and performance required by highly competitive racing events, it said.
In the deal, the company will not only deliver tires to the F4 U.S. and F3 Americas race teams, but it will also provide marketing services to drivers and teams.(Yonhap)