Formula 1 - Bridgestone rules out F1 return

Bridgestone has ruled out a return to Formula 1 next year amid uncertainty over Pirelli's future in the sport.

Formula 1 - Bridgestone rules out F1 return

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Bridgestone (Imago)

The Japanese manufacturer, which came into F1 in 1997, pulled out of the sport at the end of the 2010 season.

A spokesperson has confirmed that there are no plans to reverse that decision.

"We have no current plans to re-enter F1," a Bridgestone spokesperson told AUTOSPORT.

"Since our participation in F1, Bridgestone has achieved a significant improvement in brand awareness in Europe and in other areas all over the world.

"At the same time, Bridgestone was successful in applying the technologies for compounds, design, and simulation for F1 tyres for the development of passenger car tires.

"We can say that the participation of Bridgestone in F1 for 14 years was very significant.

"Under the current business environment which is continuously changing, Bridgestone focused on the need to redirect its resources towards the further intensive development of those innovative technologies and strategic products, and decided not to re-enter into a new tire supply contract after the expiration of the contract at the end of the 2010 season."

Hankook, which has been tipped as a potential supplier, has also ruled out a move into F1 next year.

Pirelli, which succeed Bridgestone as control tyre supplier, is still working on a deal to continue in 2014.

While a commercial agreement is believed to have been reached, a contract still needs to be finalised with the teams.

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