Pirelli is set to remain the official tire supplier of F1. (Photo: Getty Images)

is set to remain the official tire supplier of . (Photo: Getty Images)

The FIA and Pirelli have finally gotten around to announcing that the Italian company has signed a new three-year F1 tire supply contract.

The confirmation comes just 12 days before the start of 2014 testing in Jerez.

In a jointly issued statement, they said: “The world motorsport’s governing body and Pirelli, in collaboration with the teams, have been working together to improve levels of safety and performance in , resulting in important changes to the FIA Sporting Regulations regarding the testing of tires, which will enable the Italian company to continue its single supply arrangements in the best interests of the sport.

“Pirelli will continue to determine the specification of the tires and to manage all aspects of their development, in close consultation with the FIA and the teams, and within the parameters set out in the FIA Formula One Sporting & Technical Regulations.”

As previously noted, the FIA has agreed to a number of changes to the testing regulations in an attempt to give Pirelli more dedicated track time.

One of the 12 upcoming days of preseason testing will be dedicated to wet running, while each team has to save one of its eight days of in-season testing for exclusive tire testing. Either one or two teams will run for Pirelli on each of the eight days.

Pirelli is clearly trying to improve its relationship with the FIA, as both parties “have agreed to discuss a possible partnership on the FIA Action for Road Safety campaign.”