<p>Formula One tyre supplier Pirelli warned teams on Thursday that they will quit the sport at the end of the season if a new contract from 2014 is not agreed soon. <br /><br /></p>.<p>Motorsport director Paul Hembery did not hide his impatience when said time was running out for the Italian company to design and test tyres suitable for radically different 2014 regulations. <br /><br />"Apparently on September 1 we are meant to tell them (the teams) everything that they need to know for the tyres for next season. We are now mid-May so you can imagine how ludicrous that is when we haven't even got contracts in place," he said.<br /></p>
<p>Formula One tyre supplier Pirelli warned teams on Thursday that they will quit the sport at the end of the season if a new contract from 2014 is not agreed soon. <br /><br /></p>.<p>Motorsport director Paul Hembery did not hide his impatience when said time was running out for the Italian company to design and test tyres suitable for radically different 2014 regulations. <br /><br />"Apparently on September 1 we are meant to tell them (the teams) everything that they need to know for the tyres for next season. We are now mid-May so you can imagine how ludicrous that is when we haven't even got contracts in place," he said.<br /></p>