mpetitive but by the 2005 season were dominant. This was partly because the new regulations stated that tyres must last the whole race distance (and qualifying), and partly because only one top team (Ferrari) was running Bridgestones, and so had to do much of the development work. Michelin in contrast had much more testing and race data provided by the larger number of teams running their tyres.[citation needed] Following the debacle of the 2005 United States Grand Prix where, because of safety concerns, Michelin would not allow the teams it supplied to race, Michelin's share price fell by 2.5% (though it recovered later the same day). On 28 June, Michelin announced that it would offer compensation to all race fans who had bought tickets for the Grand Prix. The company committed to refunding the price of all tickets for the race. Additionally, it announced that it would provide 20,000 complimentary tickets for the 2006 race to spectators who had attended the 2005 event. Michelin has had a difficult relationship with the sport's governing body (the FIA) since around 2003 and this escalated to apparent disdain between the two parties during the 2005 season. The most high-profile disagreement was at the United States Grand Prix and the acrimony afte