Pirelli, sole supplier to the Formula One World Championship, will be supplying the ten teams on the 2017 grid with the following three tyre compounds for the upcoming Hungarian Grand Prix in Budapest:

P Zero White medium – less grip, less wear (used for long-race stints)
This is Pirelli's most balanced tire, with an ideal compromise between performance and durability. It is extremely versatile, but it often comes into its own on circuits that tend toward high speeds, high temperatures and high-energy loadings. It is a low working-range compound.

P Zero Yellow soft – more grip, medium wear (used for shorter-race stints and for initial portion of qualifying)
This is one of the most frequently used tires in Pirelli's range, as it strikes a balance between performance and durability, with the accent on performance. It is still geared toward speed rather than long distances, but it remains capable of providing teams with a competitive advantage at the beginning of the race when cars are carrying a full fuel load, and at the end of the race where the fuel load is much lighter and the race effectively becomes a sprint. It is a high working-range compound.

P Zero Red supersoft – highest amount of grip, highest amount of wear (used for qualifying and select race situations)
This is the second softest tire in Pirelli's range, and it is ideal for tight and twisting circuits, especially in cold weather when maximum grip is needed. The supersofts warm up rapidly, which has made it a stalwart choice for qualifying. But with increased grip comes increased degradation. It is a low working-range compound.

The Hungarian Grand Prix marks the second straight race with this tire package as teams used these same compounds in the preceding British Grand Prix July 14-16 at Silverstone Circuit. The Hungarian Grand Prix is the fifth event for this tire package in 2017. This same compilation was used last year at the Hungaroring.

The Yellow soft tire has been used in every grand prix this season. The Red supersoft tire has been used everywhere except the Spanish Grand Prix. The White medium has been used in the Chinese Grand Prix, Bahrain Grand Prix, Spanish Grand Prix, Azerbaijan Grand Prix and British Grand Prix.

Two of the three available compounds must be used during the race. Teams are able to decide when they want to run which compound, adding an element of strategy to the race. A driver can also use all three sets of Pirelli tires in the race, if they so desire. (If there are wet track conditions, the Cinturato Blue full wet tire and the Cinturato Green intermediate tire will be made available.)