Bridgestone/Firestone Response to Goodyear Announcement

NASHVILLE, Tenn.--(AutomotiveWire)--Nov. 19, 1997--Responding to Goodyear's announcement that it is to withdraw from Formula One racing at the end of the 1998 season, Bridgestone/Firestone spokesman Trevor Hoskins said, "We are not really...

NASHVILLE, Tenn.--(AutomotiveWire)--Nov. 19, 1997--Responding to Goodyear's announcement that it is to withdraw from Formula One racing at the end of the 1998 season, Bridgestone/Firestone spokesman Trevor Hoskins said, "We are not really surprised to hear this news from Goodyear. Firestone has soundly beaten them in Indy car racing and their withdrawal from Formula One removes the risk of Bridgestone also beating them in that category of racing, particularly as the teams would have had the opportunity to switch to Bridgestone at the end of 1998 when, we understand, their Goodyear contracts expire.

"Goodyear recently locked up NASCAR racing with an exclusive contract for three years, which protects them from being beaten in that area of racing. This means our only opportunity is to continue to beat them in CART and IRL Indy car racing. It's good defensive strategy on their part but it certainly raises serious questions about Goodyear's slogan "Number One in Racing."

Bridgestone/Firestone Motorsports Director, Al Speyer, said, "We find it strange that Goodyear has continued to state that they welcome open competition but with these two recent actions (NASCAR and Formula One) they obviously indicate they are shying away from motorsports competition with other major tire companies. Nevertheless, we take this action as a great compliment to the tremendous success we have had in Indy car racing."

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Series Formula 1