Bridgestone Motorsport has announced that the company has finalized agreement with FIA. According to the contract Bridgestone will be an exclusive tyre supplier for the next three years (2008, 2009, 2010).

Hiroshi Yasukawa - Director of Bridgestone Motorsport, said:
"Becoming the 'Official Tyre Supplier to the FIA Formula One World Championship' is a prestigious honour for Bridgestone and we await the start of the 2008 season with great anticipation. Our participation in Formula One is a core element of our company's expansion and development and this is an exciting step for us as a company.