“Michelin has continually made its belief known that Formula 1 should, as motorsport’s cutting edge discipline, be an arena where the most advanced technologies can do battle in the interest of motoring. In this respect, the changes in the Formula 1 rules to bring in a single-tyre supplier go completely against these principles…..
“As a result Michelin will not reply to the FIA tender for tyre supply in Formula 1. It does not wish to be seen to support the spirit of this tender at a time when the quality of its tyres has been amply demonstrated and appreciated but its partners, with a total of 99 Grand Prix wins over the years, under whichever rules have been in place.”
It’s really sad ! One of the most competitive tyre companies leaving Formula 1. I always thought Michelin had a strong possibility of becoming the sole tyre supplier.