According to TireBusiness the guys over at Nexen Tire are planning a return to Formula Drift in the future. It sounds like they are putting marketing efforts elsewhere while they develop a real top level tire in drifting. It sounds like once the new tire is developed they will make a return to Formula Drift in a big way. In fact, they are putting a focus on winning the series once they come back.
“We manufacture high-quality tires at a great value,” said Kyle Roberts, director of marketing at Nexen Tire, he continued, “and some of our patterns fit the need of casual drift enthusiasts perfectly. However, we are currently in the beginning stages of developing a competition tire that is designed to perform consistently at the high level demanded by us and our drivers.”