Michelin says F1 rule change will increase costs 15%

Paris — Groupe Michelin is calling recent changes to rules covering tyres for Formula 1 racing next year a “step backwards” and “incoherent with the…proclaimed policy to reduce costs.”

Michelin estimates the changes, which will allow teams to make tyre changes during races, will increase tyre development, production and logistics costs by 15 percent. The Federation International de l´Automobile, F1 racing´s sanctioning body, made the change this week, reversing a rule change it had made in 2004 for the 2005 season requiring competitors to qualify and…

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