Formula One news

Bridgestone confirmed as official F1 tyre supplier

It might not be a big surprise but on Thursday the FIA announced that it has signed a there-year contract with Bridgestone motorsport. The Japanese tyre manufacturer will be Formula One's only official tyre supplier until the end of the 2010 season. The contract is a result of a tender process with the FIA.

In 2007 Bridgestone was already Formula One's only tyre supplier as Michelin pulled out of the sport at the end of the 2006 season. The French tyre manufacturer pulled out of F1 as soon as it found out Formula 1 will allow only one tyre supplier as of 2008. Michelin stated it would only stay in Formula 1 to compete with other tyre suppliers. And thus with the many years of experience in Formula 1 Bridgestone was a logical choice for the FIA.

Hiroshi Yasukawa, Director of Bridgestone Motorsport, said: "Becoming the 'Official Tyre Supplier to the FIA Formula One World Championship' is a prestigious honour for Bridgestone and we await the start of the 2008 season with great anticipation. Our participation in Formula One is a core element of our company's expansion and development and this is an exciting step for us as a company.

"As the sole tyre supplier to Formula One in 2007, we all saw a dramatic and exciting season with very close competition. We strived to treat all teams with fairness and we believe we did a good job. It was an epic battle with Kimi Raikkonen crowned the drivers' champion at the final round and in our role as 'Official Tyre Supplier' we now look forward with great anticipation to some equally exciting battles over the next three seasons."

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