Pirelli boss Marco Tronchetti Provera says the Italian company would not be opposed to fighting a rival manufacture in Formula 1 in the future.
Pirelli has been the sport's exclusive supplier since 2011, and will remain F1's sole supplier until its contract is up at the end of 2019.
Historically, Formula 1 enjoyed an open battle between tyre suppliers for many years although American company Goodyear was often at the forefront of tyre success in Grand Prix racing.
The last F1 season which saw competition between suppliers was 2006, when Michelin and Bridgestone supplied the grid.
"We race everywhere in the world, alone and against others," said Provera.
"We like competition. When we race with the others, we win. We're ready for any competition, with anybody."
Provera insisted however that the teams' current preference was for F1 to have just a single tyre supplier.
Pirelli's chairman also underlined the company's intention of remaining at the pinnacle of motorsport beyond 2019.
"We're committed," he said.
"We see F1 remaining as the most attractive race in the world. Pirelli is the largest supplier of motorsport globally. I don't see any issue."
Want to win a trackday experience? All you have to do is subscribe to our FREE newsletter HERE
Gallery: All the pictures from Sunday in Monaco
Keep up to date with all the F1 news via Facebook and Twitter
The opening day of running at the Las Vegas GP was a smooth but chilly…
Williams is continuing to fight uphill battles this weekend in Las Vegas as a knock-on…
It was a solid start to the Las Vegas weekend for Ferrari with Carlos Sainz…
Lando Norris didn’t hold back in his assessment of McLaren’s performance on the opening day…
Lewis Hamilton was particularly happy with his opening day of running at the Las Vegas…
Red Bull fears that its prospects for this weekend's Las Vegas Grand Prix - which…