Pirelli is planning a bid to renew its deal as Formula One's tyre supplier, but chairman Marco Tronchetti Provera wants certain conditions met.
The FIA, motorsport's governing body, this week formally opened the tyre tender for a sole supplier, with the existing deal expiring at the end of 2016.
Michelin are expected to be among those putting in an application by the June 17 deadline and Pirelli chairman Provera confirmed they too plan to bid.
"We intend to stay if the regulations will be ones that we agree upon," he said, speaking in Monaco.
"If the cost will be affordable and the guarantee of safety we want to have in the contracts will be accepted.
"We want regulations that are similar to the ones we have today in which testing is done properly in order to have the best product available.
"Then we are ready to help create more emotions, but always with the highest level of safety."
Provera has called for more testing - "I think it will be better for all of us and also for the teams" - and is open to creating bigger tyres.
In addition, he says Pirelli is willing to move away from high-degrading rubber and produce tyres requiring less management during the race.
"We are ready to do it," Provera added. "It is not an issue.
"The easiest thing is to do tyres that last 10 races. That is, really, technologically speaking the easiest solution.
"What is difficult is to do as we do today, providing different tyres lasting safely for 10, 15, 30 laps. That is a good challenge."
Source: PA
