Michelin quits F1; control tyre becomes near-certainty for 2007

Paris -- Michelin has formally given notice that it will not participate in Formula One racing after the close of the 2006 season. The FIA, organiser of the sport said, "Everyone in Formula One will be most grateful to Michelin for the efforts they have made and for their courtesy in giving the necessary full year's notice."

Michelin has repeatedly opposed the FIA's plans to impose a single control tyre supplier on the sport, and said in a statement, "After consulting with its loyal partners (McLaren Mercedes, BMW Sauber F1, Renault F1, Honda Racing F1) as well as with Sir Frank Williams, Michelin is now convinced that the evolution towards a single tyre supplier is inevitable. Michelin expresses its regret to see F1 lose a part of its high technology."

The FIA said, "The competing teams have repeatedly and unanimously requested the FIA to impose a single tyre supplier in Formula One. This has been agreed for 2008, but Michelin's announcement makes it probable for 2007. The teams will certainly be glad of this."

The FIA statement continued, "A single tyre supplier will undoubtedly make Formula One fairer, safer and less expensive for the teams but, above all, it will avoid a repetition of the problem which arose at the 2005 US Grand Prix."

By contrast, Michelin's statement said, "The teams' freedom to choose their own tyres is essential. Therefore, competition between at least two tyre manufacturers is critical; this provides the basis for real competition between tyre suppliers which, in turn, stimulates progress for the public's greater interest."

Commenting on the decision, Edouard Michelin said, ""This decision is the result of profound differences between Michelin's long-standing sporting philosophy and the way Formula One is managed by the regulating authorities, which no longer provide a clear and sustainable environment to justify long-term investments."

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Press release from Michelin

Press release from FIA

HONDA SAD OVER MICHELIN EXIT ITV.com (UK)

FIA: 'Teams will be glad Michelin's leaving' Planet F1 (UK)