Despite having no previous Formula One experience, Kumho has signaled its intention to enter the sport in the near future.
The South Korean tyres manufacturer was widely believed to have written a letter of intent to the FIA earlier this year when it emerged that Bridgestone had decided to leave the sport at the end of 2010.
As everyone knows, Pirelli won the tender to be F1’s sole tyre supplier in 2011-2013.
However, Kumho’s chief executive Jong-Ho Kim told Tyres and Accessories magazine that it is at the pinnacle of motor sport that the young brand will demonstrate its technical abilities.
He revealed: “As we are a relative newcomer with the shortest history among the global top ten tyre makers, we need to compete in the global market with our technical power, and motor sports is the area where we can show off our capabilities.”
Kumho has already achieved success in the world of F3 and Kim said its setting its sights on Formula One.
“We already completed the development of F1 tyres in 2007 and now watch for an opportunity to enter into the F1 market as well,” he said.
Alex Kapadia, Operations Team