Bridgestone deny quit reports

Tyre manufacturer Bridgestone has denied rumours that it will quit Formula One at the end of 2004 and states that the company is as committed to the sport as ever. It appears some areas of the media have been speculating that Bridgestone is contemplating leaving F1 because Ferrari is not so dominant this season and the tyre manufacturer is losing interest. Bridgestone is eager to put such rumours to rest.

Director of motorsport Hiroshi Yasukawa said in a statement released today: "There has never been a moment that Bridgestone has thought of withdrawing from Formula One since our entry back in 1997."

"We have enjoyed a very successful period in Formula 1 with no fewer than five consecutive Drivers' and Constructors' titles being won on our tyres. Formula 1 has played a vital tool in our worldwide brand and marketing strategies and since entering Formula 1 in 1997, our brand awareness has increased dramatically."

"Not only does Formula 1 provide us with the ideal environment in which to showcase our technical expertise but it has also led to the transfer of technology from race track to road for the benefit of the general public using Bridgestone tyres."

"With six races remaining, this year is undoubtedly a highly competitive season. We relish this top level competition and remain as committed and as passionate about our involvement in Formula 1 as ever. We are looking forward to a battle royale with our rivals in the second half of the season!"

Bridgestone supplies tyres to Ferrari, Sauber, BAR, Jordan and Minardi.