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F1 tyre war wouldn't result in spending war - Michelin

Michelin motorsport boss Pascal Couasnon believes that Formula 1 can survive a new tyre war despite calls that it would result in a new spending war. The French firm, who previously exited the sport in 2006, have applied to become F1's sole tyre supplier for 2017 after the current contract with Pirelli expires. Michelin fought a fierce tyre war with Bridgestone throughout their last stay in the sport and calls have been made to return to an internal rubber competition. Due to spiralling costs in tyre development, the sport decided to stick with a sole supplier from 2007, selecting Bridgestone for the tenure. However, with restrictions in place for in and post-season testing, Couasnon...
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