Bridgestone has been officially confirmed as the exclusive tyre supplier for the MotoGP World Championship for the next three seasons.

The announcement, made by the FIM during this weekend's Malaysian Grand Prix, comes as no surprise since Bridgestone was the only manufacturer to submit a proposal for the new one-tyre contract - present rival Michelin deciding not to participate.

The most important task facing Bridgestone will now be to satisfy the tyre demands of all riders and machines - something acknowledged by Hiroshi Yasukawa, director of Bridgestone Motorsport.

"Bridgestone is pleased that we have been appointed the sole tyre supplier to the MotoGP World Championship for the next three seasons, starting from 2009," began Yasukawa.

"Although we were sorry to hear that tyre competition would not continue in MotoGP, Bridgestone appreciates the importance of safety and cost in motorsport. We respect the decision taken by FIM and Dorna to impose a one-make tyre rule for next season and acknowledge the safety and cost reasons given for their decision.

"We submitted a proposal to FIM and Dorna in order to continue competing at the pinnacle of motorcycle racing, and to continue to be a part of the MotoGP community, of which we are proud to have been involved since the 2002 season.

"We have developed strong relations with manufacturers, teams, riders and personnel in the MotoGP world and are happy to be able to continue a high level of participation in the sport. Even in a single tyre situation, however, we must also guarantee and increase our return on investment from a business point of view, something that we hope to achieve through a close working relationship with all our teams and with Dorna.

"Alongside safety and cost, fairness is another pillar of Bridgestone's involvement in motorsport and we are committed to servicing our teams fairly at all times. Having worked with all manufacturers in MotoGP this season, we believe that we are well placed to offer the fairest possible treatment across all teams.

"We have relished competing on a global motorcycle racing stage with our rivals over the last seven seasons and will miss the opportunity to showcase our technical capabilities against them. In this period of competition, we have improved our performance level step by step and have been immensely proud to have taken the world title for the last two seasons, firstly with Ducati and Casey Stoner in 2007, and this year with Fiat Yamaha and Valentino Rossi.