With less than two months to go before what promises to be the start of a thrilling Formula 1 season, news is leaking out that two Korean tyres manufacturers are reportedly interested in becoming the new official tyre supplier.
Bridgestone tyres are pulling out of the sport at the end of the coming season and many of the big name global brands, including Michelin and Pirelli have already declared they are not interested in taking up the role.
The news is reported by Germany’s Auto Motor und Sport and although it has not named the companies supposedly interested in F1’s exclusive contract, the major South Korean brands are Kumho, Hankook and Nexen.
The magazine also added that Formula One chiefs were keen to tweak the rules in a bid to convince Bridgestone to stay.
The Japanese company announced last November that it would honour the last season of its contract this year and then pull out of F1 at the end of 2010.
Auto Motor und Sport said one possible rule change is to simply make fewer tyres available to the teams per Grand Prix, therefore reducing Bridgestone’s reported annual F1 expenditure of about EUR100 million.
The first Grand Prix of the 2010 calendar takes place on March 14th in Bahrain.
Alex Kapadia, Operations Team