May 6 (GMM) Michelin is close to seeing the green light to return to formula one in 2011.

Even though Avon and Pirelli have also expressed interest in replacing the sport's departing supplier Bridgestone, Germany's Auto Motor und Sport said Michelin is the favourite after diluting some of its earlier demands.

The publication said a three-year deal through 2013 is likely, with every team paying the French marque 3 million euros per season.

The deal will also see Michelin branding on the cars, driver overalls and around the grand prix circuits, but the wheel diameter width will not immediately be changed from the current 13 to lower-profile 18-inch tyres.

Michelin will reportedly provide less tyres per car per weekend than is currently the case, and three different compounds -- hard, medium and soft, with the teams able to select which compounds are used.

Auto Motor und Sport said Michelin branding will be on the drivers' shoulders next year, and a logo on the nose of the cars and the rearward-facing rear wing.

Representatives of the Italian marque Pirelli, however, will make a presentation to the teams in Spain this weekend, and are touted to supply the GP2 field beginning next year.

Latest F1 News - Mobile version

26 Feb: New Ferrari not quickest in field - Domenicali 26 Feb: Red Bull still best in 2013 - Tost 26 Feb: 2014 French grand prix 'possible' - Prost 26 Feb: Danica Patrick 'not interested' in F1 switch 26 Feb: Report - Gilles Simon working on F1 engine for Honda 26 Feb: Gutierrez plays down link to Carlos Slim 26 Feb: Caterham exhaust 'legal' insists van der Garde 26 Feb: McLaren replaces Mercedes-bound Lowe 25 Feb: 'Engine maps' trouble for Red Bull, Lotus - report 25 Feb: Mercedes-bound Lowe to miss 2013 opener - report 25 Feb: Mercedes 'in group of teams' behind Red Bull - Lauda 25 Feb: Gutierrez expects Hulkenberg to beat him early in 2013 25 Feb: New Ferrari 'much better' than 2012 - Massa 25 Feb: Teams 'will adapt' to new tyre situation - Gutierrez 25 Feb: Tight rules make today's F1 cars 'the same' - Forghieri 25 Feb: Williams removes controversial exhaust trick 25 Feb: Contract 'conflicts' cause of Marussia test snub - Razia 25 Feb: Lotus to fight Red Bull for title - Gutierrez 25 Feb: Marussia 'ahead of Caterham' - Chilton 25 Feb: Sutil will not stay in F1 as test driver The latest F1 News - Mobile Version