Squalene, a model compound of polyisoprene or natural rubber, was employed as solvent to study the reaction between ozone and a series of N,N′‐substituted‐p‐phenylenediamines (PPDs) and other secondary aromatic amines. In all cases, it was found that nitroxyl radicals were formed nearly quantitatively by the action of ozone on the squalene solutions containing dissolved the selected additives. The resulting nitroxyl radicals from PPDs or from other secondary aromatic amines were easily detected by electron spin resonance spectroscopy at room temperature and the isotropic and anisotropic hyperfine interaction constants of the said nitroxides were determined. The FT‐IR spectroscopy was employed to show the easy oxidation of unprotected squalene when exposed to an ozone stream, while in presence of PPDs, ozone is quantitatively scavenged by the PPDs forming the resulting nitroxides and protecting completely squalene from ozonolysis reactions. The nitroxyl radicals formed by PPDs or secondary aromatic amine ozonation exert a permanent antioxidant activity entering in a redox cycle already known to ensure a long flex fatigue life or the given rubber compound.