It has been announced today that Goodyear will officially not be making a Formula One comeback in 2017.
The manufacturer’s statements come on the 17 June tender deadline, following Michelin Motorsport director Pascal Couasnon’s confirmation that the French manufacture had submitted an official application yesterday to take over from Pirelli; whose contract ends at the end of the 2016 season.
In a statement to the media today, Public relations and communications director of Goodyear Dunlop Motorsport EMEA James Bailey released the following statement:-
‘The focus of our racing strategy is to advance tire technology on the track and apply our learnings in developing consumer tires. We are proud of Goodyear’s heritage as the most successful tire supplier in the history of Formula 1–and our 368 Grand Prix victories. While we are not participating in the 2017 bid, but we have not ruled out a return to F1 in the future.’
Overall, it is clear that Goodyear have considered their options at the moment and seeing if it is worth coming back to Formula One in the near future in order to grow their business further. Let us not forget that they will have evaluated all the options that they have and will make a calculated risk on how to expand the company and its future in the industry which may or may not pay off for them.
And they feel that this is not the right time for the company, especially given the fact that Michelin have submitted a bid for 2017. But let us not forget that Goodyear, who last competed in Formula 1 in the 1997; have a proud history in the sport, winning 25 driver’s titles, 26 constructor’s championships and 361 Grand Prix.
But will we see them return to the sport in the near future? The possibility cannot be dismissed and it would be great if they did and see if they can build on what they have achieved hopefully in years to come and I’d love to see them return to the sport.