UPDATE 1-Motor racing-Michelin to refund U.S. GP fans


(Adds detail, byline) By Alan Baldwin LONDON, June 28 (Reuters) - Michelin have offered to refund U.S. Grand Prix fans after tyre failures turned this month's Formula One race at Indianapolis into a six-car fiasco. "Michelin has decided to contribute to the costs incurred by the spectators present at the circuit on Sunday, June 19th 2005 by offering to refund their tickets," the French tyre manufacturer said in a statement on Tuesday. "This is an important decision, since Michelin is ...

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