One of the most important element technologies for achieving high-precision in machine tool spindle systems is preload technology for the bearing of spindle systems. Fixed position preload, constant pressure preload, conversion preload and variable preload methods have been applied for the spindle systems. In this study, a new variable preload method using centrifugal force and rubber pressure is used for reducing installation costs through simplifying its structure. The main objective of the work is the verification of the operability in a preload device using the rubber pressure by the finite element analysis. It is shown that the variable preload device proposed in this study is applicable to high speed machine tool spindles.