The Italian manufacturer is currently the official tyre supplier to all categories within the WRC after winning the FIA's last tender in 2019. Its deal to supply tyres from 2021 to 2024 included the last season of the WRC generation car and the first three campaigns under Rally1 hybrid regulations.
The FIA launched a WRC tyre tender in July inviting tyre brands to submit their interest in becoming the championship's sole tyre supplier, with the current tender expiring at the end of next year.
The tyre tender will cover a three-year period from 2025 to 2027, the last year of the contract coinciding with the WRC's expected move to new regulations.
Pirelli had indicated in an interview with Autosport last month that it was working on a potential proposal, but has now announced it won’t be in the running.
A statement said: "Pirelli has not submitted its candidature to supply the FIA World Rally Championship from 2025-2027. As a result, the Italian firm will conclude its partnership as a single supplier to the WRC in 2024, having achieved the targets set three years ago at the start of the current contract."
The company stressed it "remains committed to rallying, and will continue its participation in all the other rally competitions in which it is currently involved".
This includes the European Rally Championship, also organised by WRC Promoter, in which Hayden Paddon won the title in a Pirelli-equipped Hyundai against competitors using rubber from Michelin, MRF Tyres and Hankook.
As previously reported this week, it is understood Michelin is expected to submit a bid alongside Indian manufacturer MRF.
Source: Autosport