Pirelli partners with Grace Influential Positive Impact Award presented at the Monaco Grand Prix

Pirelli is a partner of the Grace Influential Positive Impact Award that will be presented by the Princess Grace Foundation during the Monaco Grand Prix to the Formula 1 team that has most demonstrated a positive impact on society and the environment through social and environmental sustainability initiatives.

The foundation was established in 1982 by Prince Rainier III of Monaco in memory of his wife, Grace Kelly, to celebrate his philanthropic spirit. The teams submitted their dossiers, which were judged on a range of criteria, including alignment with UN Sustainable Development Goals and the UNFCCC Sports for Climate Action Framework.

The nominees will be announced on Friday 26 May at an event to be held at the Pirelli Hospitality in the paddock. The winning team will instead receive as a trophy the work Gilded Mediterranean Blue Venetian with Speckled Leaves (2022) created by internationally renowned artist Dale Chihuly on Saturday 27 May.

Brisa Carleton, CEO of the Princess Grace Foundation, said: “In establishing the Grace Influential Positive Impact Award, it has been critical that we build something worthy of Princess Grace’s legacy. Through our partnership with some of the most prestigious names in motorsport, we are thrilled to shine a light on the inspirational work going on across Formula One to drive progress in sustainability.”

Mario Isola, Head of Motorsport at Pirelli, said: “Sustainability is a fundamental pillar of Pirelli, fully integrated into the group’s vision and strategy for growth. That’s even more true for motorsport, which has always been an extraordinary crucible for technical innovation that can then be transferred to everyday life. We fully share the environmental sustainability objectives that Formula 1 has fixed for 2030 and – together with the FIA, teams, and other stakeholders – we have all embarked on a journey that will lead the pinnacle of motorsport to meet those targets, step by step. Over the last few years our sport has also become a powerful vehicle for positive messaging, able to reach an ever-growing and diverse audience. So, it was natural to draw this partnership with the Princess Grace Foundation into a powerful initiative for the common good of everyone, both within Formula 1 and outside of it.”