F1 tyre war wouldn't result in spending war - Michelin
Michelin motorsport boss Pascal Couasnon believes that Formula 1 can survive a new tyre war despite calls that it would result in a new spending war.
The French firm, who previously exited the sport in 2006, have applied to become F1's sole tyre supplier for 2017 after the current contract with Pirelli expires.
Michelin fought a fierce tyre war with Bridgestone throughout their last stay in the sport and calls have been made to return to an internal rubber competition.
Due to spiralling costs in tyre development, the sport decided to stick with a sole supplier from 2007, selecting Bridgestone for the tenure.
However, with restrictions in place for in and post-season testing, Couasnon believes that a new battle in rubber would not lead to higher costs.
"We would love it. There would be a big scream of joy in Clermont-Ferrand!" Couasnon told Motorsport when asked about the possibility.
"It could be more expensive than if you were by yourself, but the times are very different from 2005 and 2006.
"There are a limited number of test days today, so just by that you limit the cost.
"Today the teams are also spending a lot of time trying to understand the tyre, trying to use it better, so are they going to spend much more money if there are two tyres? I don't think so.
"In sportscar racing, Michelin and Dunlop are there. Okay it's open, but the costs are very well controlled.
"I would say it's possible to have tyre competition. I will not say war because when you talk about war you're talking about a lot of resources. But with controlled resources, for a good battle, it is possible..."