Submitted by Kropotkin on Sat, 2008-10-04 21:14.
As we reported earlier, Michelin has decided not to submit a bid to become the sole supplier of tires for MotoGP. The press released announcing the move read as follows:
"Michelin has decided not to submit a bid to the governing body of the MotoGP World Championship. At the same time, Michelin regrets not being able to contribute to the organizers' important discussions to improve rider safety and reduce costs.
The spirit of competition has always been central to Michelin. Motor sports at the highest level are useful because competition among several tire manufacturers is a valuable stimulus for developing increasingly high-performance tires that will one day equip customer vehicles. Tires play a key role in a vehicle's performance and can make a considerable difference. This competition among manufacturers helps to make racing exciting.
The radial tire, which was invented by Michelin, has been improved through racing, and the improvements have since been passed on to consumers. Michelin's dual compound technology for motorcycle tires was first tested in MotoGP racing and is today integrated into premium products for the brand's customers. The MotoGP Championship organizers have decided to use a single tire supplier for the coming seasons, which effectively eliminates the competitive environment that has led to so much progress.
The R&D resources allocated for MotoGP racing will be redeployed to support innovation, which is at the heart of Michelin's customer-focused strategy."
Michelin's decision leaves Bridgestone as the only bidder for the contract, and barring a revolution, certain to be awarded the contract. Indeed, it is entirely possible that the reason Michelin decided not to submit a proposal is because they knew they did not stand a chance of winning the contract anyway.
If the French tire maker had been awarded the contract, then open rebellion would have broken out among the riders currently contracted to Bridgestone, and riders such as Valentino Rossi and Dani Pedrosa would have put pressure on Dorna to reverse the decision. Michelin may have decided to withdraw with honor, rather than go through the motions for what was essentially a sham.