FIA President Jean Todt rubber stamps Pirelli deal to supply Formula One teams with tyres until 2018 season On a weekend when the action off-track at the Italian Grand Prix was arguably more interesting than that on it, the Italian manufacturer has at last agreed a deal ends a long-running saga over the choice of tyre supplier for next year. Michelin had made a late bid to replace Pirelli, who had already agreed deals with most teams as well as with the commercial rights holder and was threatening legal action had it been replaced at this late stage. However, having dragged his heels for months, FIA president Jean Todt said on Saturday that he understood that "everyone wants Pirelli" and that the governing body was happy to go with the consensus. The deal still needs to be ratified by the FIA. Pirelli's deal leaves the Concorde Agreement, the commercial pact that binds Formula One, as the major job still left in Todt's in-tray ahead of this autumn's presidential election. The Frenchman is desperate to get the document, which is still with the lawyers, over the line in order to guarantee extra income for the FIA in the coming years, something which is seen as crucial to his re-election.