Michelin has made it clear it is ready to make a return to Formula 1 when the championship's existing tyre contract comes to an end.
The French tyre manufacturer was last involved in 2006, opting to depart at the end of that year after a five-season spell as it was unhappy about a move to a single supplier from 2008.
Bridgestone initially took up the reins prior to a switch to current supplier Pirelli from 2011, with its current contract running to the end of 2016.
With a tender to be put out early next year, Michelin Motorsport director Pascal Couasnon told Italian publication Autosprint: "Why not? We are fully open to a return, but on some precise conditions - Formula 1 must change its technical regulations.
"Tyres must become a technical object again, not just a tool to do a more-or-less spectacular show.
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