WhiteBlue wrote:http://www.auto-motor-und-sport.de/form ... 49268.html
The German magazine AMuS reports that the teams are close to signing Michelin as the tyre supplier for three years from 2011-2013. The initial price of 3 mil € per team has been dropped to 1,5 mil €. Michelin still insist on extensive branding on drivers overall and on the cars. The demand for competition apparently has been dropped and the 18 inch wheel spec has been put back to 2013 when a new formula will be introduced.
Further changes reported is the reduction to half the tyre sets currently in use by the teams per weekend and free choice of the three compounds that will be supplied at all races. It is thought that this will spice up the show.
If this is true it is a good compromise as the tyres will cost significantly less than the engines will. Still the teams will cough up almost 20 mil € which isn't pocket change in this age of cost cutting. At least the ghost of a tyre war is averted for now and the teams will not have to change the suspension for next year.
Yea, sensible is a good description for this plan.
I think it's incredible that Michelin can demand that F1 pay them (and give free advertising). If they can get away with this demand then more power to them. In hindsight I think Bridgestone must have been doing a weak job negotiating since I think they gave tires away for ~free. It's OK if they want to leave the sport now, but they could at least have been getting more money the past few years. At the extreme crappy end of the negotiating spectrum is Goodyear who actually pays money to NASCAR for using Goodyear tires. I respect their NASCAR tires as technical products, but the new Michelin F1 deal doesn't put Goodyear's corporate business judgement in a good light.
It's still an open question if dry race weekends in 2010 will be able to create interesting races. If the 2010 dry races are boring then will people be comfortable with teams having "free choice" of three compounds in 2011? I assume this means there will be no requirement to run two different compounds during each race. I think the current two-compound requirement is kind of artificial, but sometimes it's the only thing that puts any suspense in the race. Improved reliability and the premium on track position could easily lead to 2011 races where the top 5 cars never leave the track or change position after the first corner.