June 28, 2005
Michelin offer £10m refund
I am delighted!
I was one of those spectators who were watching the race from the stands and booing everytime Ferrari passes by on the track. I was little disappointed about the way the teams pulled off in the last minute but never thought it will come for free. Looks like, we deposited 85 USD before the race and after a week Michelin is so generous to refund the ticket price. Good luck, Michelin! I paste the brief summary of the news item appeared in Google sports below.
Tyre manufacturer Michelin have offered a full refund on all tickets bought for the United States Grand Prix in Indianapolis, which went ahead without the seven teams that the French company supply. They also offered to hand out 20,000 free tickets for next year's race.
The gesture, which could cost the company as much as £10 million, came on the eve of today's meeting of the World Motor Sport Council in Paris to decide the fate of the teams who refused to contest the race on grounds of tyre safety.
A Michelin statement read: "One week after the Indianapolis Grand Prix, Michelin wishes to make a sincere gesture of goodwill towards the people present at the GP, a group whose passion for F1 is encouraging in the development of this sport in the United States.
"Therefore, on our own initiative and in total solidarity with our partners, we have taken two decisions. Michelin has decided to contribute to the costs incurred by the spectators present at the circuit on Sunday June 19 2005 by offering to refund their tickets. This is an important decision, since Michelin is not at all legally bound to do this.
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