Vehicle performances, especially in motorsport, are deeply affected by tire behavior and in particular by tire compound proper working conditions. In this research activity, a series of innovations have been introduced on the Thermo Racing Tire (a physical-analytical tire thermal model, based on Fourier’s law of heat transfer applied to a three-dimensional domain) in order to take into account all the main aspects actively involved in the thermal behavior of the tire, as the presence of exhausted gases eventually impacting at the rear axle and the inhomogeneous distribution of local variables (pressure, stress and sliding velocity) within the contact patch, caused in example by the tire camber angle. The new model developed considers the presence of the sidewalls, actively involved in the convective heat exchanges, respectively, with the external airflow and the inner gas fluid, located inside the inflation chamber. The aim of the new version of the tire thermal model is a better physical comprehension of all the phenomena concerning the contact with the asphalt and the prediction of the link between the thermal state and the frictional performance, crucial for the definition of an optimal wheel and vehicle setup.