Finance Minister Nirmala Sitharaman presented the Union Budget for the financial year 2022-23 today. Generally, the industry leaders have welcomed the announcements in the budget. 

Anshuman Singhania, Chairman, Automotive Tyre Manufacturers' Association (ATMA), said, “The pro-growth stance of the Budget is unmistakable. The finance minister has endeavoured to ensure that the economic recovery process is sustained and accelerated. Allocation of INR 10.68 lakh crore for capital expenditure (including grants) in FY23 is a quantum jump of almost three times the pre-pandemic level that will boost job creation and ensure long term growth of the economy. Financial assistance of INR 1 lakh crore to states to catalyse investments will enable broad based growth and streamline employment
generation. Increased outlays in the road sector and infrastructure development augurs well for the tyre industry. Expansion of National Highways by 25000 km, is a big positive. At the same time, mobilisation of INR 20000 crore through innovative ways of financing to complement public resources further enhances the seriousness of the intent of the Government to ensure that infra projects are completed despite challenges. Provision for PM GatiShakti Cargo Terminals for multimodal logistics facilities will bring in synergies and improve efficiency in the goods’ transportation. 

Singhania added, “Special mobility zones for Electric Vehicles along with the introduction of a battery swapping policy will be a boost to the EV ecosystem. Allocation of INR 2.37 lakh crore to farmers under MSP will improve farmers' incomes amid these times of rural stress and drive up consumption. Extension of concessional 15 per cent income tax for new manufacturing companies will help the growth of manufacturing sector especially in view of the fact that plans for setting up new units had to be delayed or shelved in view of Covid." (TT)

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Hankook Tire has confirmed the 2026 season of the Lamborghini Super Trofeo series will commence with its opening round in Florida from 18 to 20 March 2026. As the exclusive tyre supplier for this international championship organised by Italian supercar manufacturer Automobili Lamborghini S.p.A., Hankook will equip all competing Huracán Super Trofeo EVO2 cars with its ultra-high-performance Ventus racing tyre. This partnership, established in 2023, continues to see the Ventus tyre support Lamborghini vehicles under extreme conditions, withstanding speeds approaching 300 kmph while delivering exceptional grip, handling and durability across varied global climates.

The opening event, part of the North American series, is set to take place at the challenging Sebring International Raceway. This 6.0-kilometre circuit, constructed on the grounds of Hendricks Field Airport, presents unique difficulties with its combination of dedicated racetrack sections, airport runways and taxiways. The track surface itself adds another layer of complexity; concrete sections in particular place immense stress on tyres and become notably slippery when wet. Furthermore, the intense Florida sun can dramatically elevate track temperatures, making strategic tyre management a critical factor that could very well decide the race's outcome.

Despite these demanding conditions, the Ventus tyre is expected to perform reliably, showcasing Hankook’s advanced motorsports technology. Its robust construction provides the necessary heat resistance and stability for high-speed racing, reinforcing the global premium status of the Hankook brand through this strong collaboration with Lamborghini.

The 2026 Lamborghini Super Trofeo season will feature three continental series spanning North America, Europe and Asia, encompassing 10 countries and six rounds each. A key highlight for local fans is Round 4 of the Asia series, scheduled for 17 to 19 July 2026 at Inje Speedium in Gangwon Province. Following the conclusion of the regional championships, the top competitors will gather in Italy for the Grand Final from 24 to 25 October, where the ultimate world champion will be crowned.

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The Bridgestone Potenza Sport EVO, incorporating ENLITEN Technology, secured the top position in the 2026 summer tyre test conducted by sport auto magazine. Evaluated in size 205/45R17 on a Mazda MX-5, it emerged as the clear leader among seven competing tyres. It was the sole tyre to earn the prestigious ‘outstanding’ rating, achieving 9.2 points for its overall performance.

The testers commended the Potenza Sport EVO for its remarkably balanced capabilities. They characterised it as a tyre combining high safety with an exhilarating driving experience, declaring it their definitive top choice. The evaluation noted the tyre's abundant grip and precise handling during challenging manoeuvres. The experts described it as a highly responsive tyre with substantial grip in reserve on both wet and dry roads while praising its fine controllability through load variations.

Its proficiency in wet conditions was a significant highlight, demonstrated by short braking distances, tenacious cornering grip and robust safety margins against aquaplaning. Developed from the multi-award-winning Potenza Sport, this new model elevates sports performance, wet control, durability and efficiency. Available from January 2026, the tyre ensures precise control at high velocities, preserving vehicle composure. It attains a top-tier EU label A-grade for wet grip, and compared to its predecessor, it reduces wet braking distances by five percent and dry braking by two percent.

These advancements are complemented by superior longevity, with a 15 percent mileage increase, translating to roughly 6,000 extra kilometres. Furthermore, it enhances fuel economy and boosts electric vehicle range through a rolling resistance reduction of up to six percent.

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DUNLOP has announced the launch of its BLUE RESPONSE TG, a new premium summer tyre developed for passenger cars and SUVs. Suitable for internal combustion, hybrid and electric vehicles, the tyre will be available in 99 sizes spanning 15 to 21 inches, series 40-65 with H, V and W speed ratings. Production takes place at a state-of-the-art facility in Türkiye, with European market availability scheduled for March 2026.

This launch represents a significant shift for the brand in Europe. BLUE RESPONSE TG is the first DUNLOP product developed under Sumitomo Rubber Industries (SRI) since it acquired the historic brand’s passenger car tyre rights in 2025. The tyre was engineered collaboratively by DUNLOP’s teams in Germany and Japan, drawing upon SRI’s established manufacturing and development capabilities.

The ‘TG’ designation stands for ‘Touring,’ underscoring the tyre’s ability to deliver long-distance comfort and efficiency while maintaining strong performance. A suite of new technologies ensures stability and control on both wet and dry roads. Impressive braking performance is a key feature, enhancing overall safety and driver confidence.

Central to the tyre’s capabilities is an intelligent three-zone rib design that efficiently channels water away from the contact patch. This promotes stability at higher speeds and unlocks reliable wet-weather grip during directional changes. A refined shoulder design features lateral grooves set at optimised angles. This enhances tread rigidity, reduces block deformation under load and ensures consistent force transfer when cornering and braking.

Durability is addressed through a new tread compound utilising longer, more resilient polymer chains. These resist abrasion and slow wear to extend mileage without compromising performance. To complete the package, a noise-reducing tread design links lateral grooves into continuous channels. This smooths airflow and dampens vibration, resulting in a noticeably quieter cabin environment and the composed, refined ride expected from the DUNLOP brand.

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The first Sprint weekend of the 2026 Formula 1 season began in China with an intense schedule, starting with Sprint Qualifying on Friday. George Russell claimed pole position, finishing over two-tenths of a second ahead of his teammate Kimi Antonelli, with Lando Norris securing third. Russell received the Pirelli Sprint Qualifying Award from Dario Marrafuschi, Pirelli Motorsport Director. The prize includes a helmet decorated in the colours of the Chinese flag and a replica Pirelli P Zero Soft tyre, both personalised with the driver’s name and number.

Pirelli’s compound regulations shaped the qualifying format. In SQ1 and SQ2, drivers were required to use a set of medium tyres, with most completing two fast laps per segment. For the final SQ3 shootout, the top 10 switched to the soft compound. Russell’s pole time of 1:31.520 came on the red-walled P Zero Soft, less than seven-tenths slower than the 2025 sprint pole time of 1:30.849, set by Lewis Hamilton.

The F1 Academy also opened its season in Shanghai, with Alisha Palmowski setting the fastest time in Friday’s qualifying. She outpaced Alba Larsen and Emma Felbermayr ahead of the series’ two races scheduled for Saturday and Sunday.

Marrafuschi said, “During Sprint race weekends, it’s always challenging for teams to fully assess tyre behaviour as they only have one hour of free practice. During this session, the teams used one set of medium tyres and one set of soft tyres, without carrying out any significant long runs. The hards were saved for the following days, and some teams may consider using them in their strategies for Sunday's race as early as tomorrow.

“The Sprint race, which is most likely to be run on Medium tyres, will certainly provide a clearer picture. The performance difference between the two compounds used on Friday is around six tenths. Interestingly, in the first two qualifying segments, the C3 was once again able to deliver maximum performance on the second push lap after completing a cooldown lap.

“Temperatures are cooler than last year; the track is still dirty and has less grip than we will see on Sunday as the track evolves. As happened last year and as expected, some graining appeared on the front-left tyre, which is the most stressed by Shanghai’s corners, and to a lesser extent on the front-right, although the impact on overall wear remains limited. On this circuit, teams tend to prioritise protecting the front axle, shifting the balance towards the rear as much as possible.”

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