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Bridgestone Corp. said Monday it will stop supplying tires to the Formula One World Championship auto racing series at the close of the 2010 season next fall, citing the need to save costs and redistribute resources to environmental areas.

The F1 series will need to quickly find a new supplier to continue the motor race with the exit of Bridgestone, which has been supplying tires since 1997 and has been an exclusive F1 supplier since 2008.

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