JULY 22, 2003

Michelin and NASCAR

There are reports in the United States that Michelin is beginning to test NASCAR-type stock car tires in preparation for an assault on the US series to back up the company's sales in North America. NASCAR currently has an exclusive agreement with Goodyear for the supply of tires for the Winston Cup and it looks like Michelin may decide to bid for that contract. Goodyear racing boss Stu Grant says that there is no plan to change Goodyear's arrangements with NASCAR.