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F1 picks Bridgestone to be supplier

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Bridgestone Corp. has been chosen as the official tire supplier for the Formula One World Championship, starting in 2008.

Bridgestone also will supply tires to F1 in 2009 and 2010.

F1 has moved to a single tire supplier system.

Last week, Groupe Michelin announced it would not reply to F1's tire supply tender offer. Michelin will not return to F1 in 2007.

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