Iracing.com Wiki
Advertisement
Bridgestone logo

Location: Kyobashi, Tokyo, Japan

Founder: Shojiro Ishibashi

Founded: January 1, 1931

Key People:

Shuichi Ishibashi (Global CEO)

Employees: 129,262

More About The Manufacturer:[]

The first Bridgestone tire was produced on 9 April 1930, by the Japanese "Tabi" Socks Tyre Division (actually made jika-tabi). One year later on March 1, 1931, the founder, Shojiro Ishibashi, made the "Tabi" Socks Tire Division independent and established the Bridgestone Tyre Co., Ltd. in the city of Kurume, Fukuoka Prefecture. "Bridgestone" was named after the name of the founder, Shojiro Ishibashi (Ishi = Stone, Bashi = Bridge).[4]

Foregoing dependence on European and North American technology, the Bridgestone Tyre Co., Ltd. set its eyes on manufacturing tyres based largely on Japanese technology. The fledgling company experienced many difficulties in the areas of technology, production, and sales in the early days. Eventually, improvements were achieved in quality and manufacturing processes which led to the business rapidly expanding in domestic and overseas markets.

In 1951, Bridgestone was the first company in Japan to begin selling rayon cord tyres, and a five-year project to modernize production facilities was started. This year also saw another Bridgestone building opened in Kyōbashi, Tokyo, which contained the Bridgestone Museum. Sales surpassed ten billion yen in 1953, placing Bridgestone at the top of the tyre industry in Japan, and celebrations were held to commemorate the 25th anniversary of the company's foundation in Kurume.

The sale of nylon tyres was started in 1959, and work forged ahead with the construction of the new Tokyo plant, which was opened in 1960, in order to cope with the fast-expanding market for motorization.

The company issued stock shares and was listed on the stock exchange in 1961. A new system of administration was ushered in by Shojiro Ishibashi as the chairman, and Kanichiro Ishibashi as the president. As part of the transition across to administrative reform, the Deming Plan in honour of W. Edwards Deming, which involves overall quality control activities, was adopted, and the company was awarded the prestigious Deming Prize in 1968. Also, additions were built onto the Tokyo plant in 1962 to house the new Technical Centre, and a progressive system of research and development was established. On the product front, 1967 saw the sale of the company's first ever radial tire, the RD10.

Bridgestone's first overseas plant since the end of the war was opened in Singapore in 1965, and production was also commenced in Thailand in 1969. The 1960s for Bridgestone was an era of overseas expansion that also included the establishment of Bridgestone America in the United States in 1967 to act as Bridgestone's USA representative sales branch.

At the start of the period of Japan's economic stagnation, brought about by the first oil shock, the company was placing even more emphasis on establishing its own technology for the manufacture of radial tires, and it was also at this time that further domestic plants were constructed and fitted out. Its Super Filler Radial was placed on the market in 1978, and in 1979 the company introduced the high-performance POTENZA radial tire, from an Italian word for power.

The company was actively engaged in overseas expansion activities at this time. In addition to starting up production in Indonesia and Iran in 1976, it also invested in a Taiwan tire manufacturer and purchased a tire plant and a plant for diversified products in Australia in 1980. The founder, Shojiro Ishibashi, died on September 11, 1976.

On 1 March 1981, the company celebrated its 50th anniversary. At the same time, the company initiated activities to strengthen its home base that supported overseas expansion strategy with the aim of being ranked as one of the world's top three manufacturers of rubber products. New production facilities were also established in Thailand, India, Poland, China, the United States and other countries. The company changed the name from Bridgestone Tyre Co., Ltd. to Bridgestone Corporation in 1984.

In 1988, Bridgestone purchased the Firestone Tire and Rubber Company of Akron, Ohio. Placing considerable financial and personnel resources into rebuilding Firestone after the purchase, Bridgestone achieved surplus annual profits for the year 1992 with BFE (Bridgestone Firestone Europe) and again in 1993 with BFS (Bridgestone Firestone USA). The Firestone Tire and Rubber Company and Bridgestone Tire Company Ltd. USA were amalgamated in 1990 and became "Bridgestone Firestone North American Holdings Ltd". The North American subsidiary of Bridgestone Corporation is now named Bridgestone Americas, Inc. The tire division is Bridgestone Americas Tire Operations, LLC. Bridgestone Americas opened a $100 million technical center in Akron in 2012. While Bridgestone is not on any iRacing cars at the moment, they were once considered for the F1 cars over the Pirelli's though still making Bridgestone a very well known tire company.

In April 2012, Bridgestone Americas opened up its new Bridgestone Americas Technical Center in Akron. The $100 million facility, located just down the street from the former headquarters, tire plant, and technical center, houses 450 employees whose jobs are to develop innovative and advanced tire technologies for the company.

In June 2022, Bridgestone opened up its $21 million Advanced Tire Production Center which replaced the Firestone Advance Tire Works Plant at the original Firestone Tire and Rubber Company headquarters which opened in 1910. The new building is home of the company's racing tire production for the NTT IndyCar Series. The plant manufactures all Firestone Firehawk racing tires. It is the first new tire plant in the city of Akron in more than 70 years. Bridgestone also opened up a $6 million test track adjacent to the Advanced Tire Production Center to support passenger tire testing and development. The test track opened in autumn 2022. Bridgestone has invested more than $125 million in its Akron operations since 2012, when the company opened the Bridgestone Americas Technology Center.

Bridgestone started to invest in motorsport in the 1980s by developing race tires for feeder series like Formula 2, Formula 3, Formula Ford, Formula Opel Lotus and karting.

In order to increase the Firestone subsidiary's brand awareness, Bridgestone Firestone NAH Ltd, re–entered the Firestone brand into CART open-wheel racing in 1995 to challenge Goodyear. The tires proved better and Goodyear left the series for 2000. Since then, Firestone has been the single tire provider for the successor Champ Car World Series, the IndyCar Series and its feeder series Indy NXT.

Bridgestone has supplied tires in Formula One since 1997, although the company one–off produced Formula One tires at the 1976 and 1977 Japanese Grand Prix for Japanese entrants such as Kazuyoshi Hoshino's Heros Racing and Kojima.

The Japanese company decided to supply tires for Formula One in 1995, backed–up by the CEO Yoichiro Kaizaki, aiming to improve Bridgestone's name value in the European market which was greatly inferior compared with their archrivals, Michelin. Though it was scheduled to enter the championship in the 1998 season at first, this was brought forward to 1997 because the engineering section led by Hirohide Hamashima had quickly advanced development. Thus, Hiroshi Yasukawa, the general manager of Motorsport Department, also made the best use of the experience and networks in Europe since the Bridgestone's European F2 era (1981–1984) and constructed logistics for Formula One at once.

The first title was acquired right away in the second year, 1998 by Mika Häkkinen and McLaren–Mercedes. And Bridgestone users took five Drivers' Championship titles and five Constructors' Championship titles (1998, 2001–2004) for the period that competed with Goodyear (1997–1998) and Michelin (2001–2006). Especially, cooperation with Scuderia Ferrari and Michael Schumacher functioned well in this period.

From 2008 to 2010 Bridgestone was due to be the sole tire supplier to the FIA Formula One World Championship. However, because Michelin chose to conclude its Formula One tire programme at the end of the 2006 season, all teams used Bridgestone tires from the 2007 season to the 2010 Formula One season.

On 2 November 2009, Bridgestone announced that they would not be renewing their contract to supply tires to Formula One teams after 2010. The company said it was "addressing the impact of the continuing evolution of the business environment". Pirelli announced in June 2010 that it would serve as sole supplier for tires in the 2011 season.

In the 1980s and 1990s, Bridgestone provided tires to the Le Mans sport prototypes of teams Nismo and TOM's, backed by Japanese automobile manufacturers Nissan and Toyota respectively. In the early 1990s, Bridgestone expanded to Mercedes-AMG, which entered the DTM and later Le Mans and the FIA GT Championship. The brand left international sports car racing in 2000, but remains as one of the main suppliers in the Super GT series. Since April 2023, Bridgestone became the main tire supplier for the Super Taikyu championship series replacing Hankook, which supplied its tires briefly until forced to exit the series due the latter's Daejeon plant fire.

Previous Logos:[]

Picture22-2
Advertisement