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MOTORSPORTS > F1 races to skip Istanbul after prime minister's decision

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REUTERS/Leonhard Foeger

REUTERS/Leonhard Foeger

Turkish Prime Minister Recep Tayyip Erdoğan chose not to approve the Formula 1 deal that would have landed the race in Istanbul in 2013, daily Hürriyet has reported.
 
The Turkish Grand Prix is not going to happen, according to the F1 boss, Bernie Ecclestone, due to a lack of agreement on the annual cost.
 
The project, set to cost Turkey around 20 million dollars in total, was supposed to receive 13 million dollars of state funding.
 
Erdoğan, however, did not give his approval, and the project fell apart.
 
The F1 races will have a 19-race calendar this year.

January/09/2013

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Arnold Yesovitch

1/9/2013 10:03:16 PM

Montreal hosts the Canadian F1 race every June. One or two yeasr lapsed when the city refused to meet Bernie Ecklestone's demands. Eventually a deal was worked out. Bernie had to swallow his pride. F1 does not interest me at all but it is a great week-end for all of you that do. The local economy does well as all the "beautiful people" congregate and spend money lavishly. Each city needs to check their bottom line to see if the money laid out brought in a positive return on the investment.

Brit in Turkey

1/9/2013 7:10:28 PM

mara. I wonder if it is possible to make fizzy raki, or they could use Efes - cheaper too. 8-)

mara mcglothin

1/9/2013 4:32:43 PM

It has nothing to do with money. RTE is still freaked out about the use of champagne at the end of the race. How can a government who is looking to improve profit in the country make this decision. Do you not wonder if the Olympic committee has made note of this decision. I am sure this event pales in comparison to what would be expected of Turkey if they hosted the Olympics. Very sad.

Lev S

1/9/2013 4:13:06 PM

Under new management, the Istanbul Park may be capable of hosting a money making F1 event. Erdogan should have given them a chance, particularly since F1 is a massive economic boost for the tourism sector and previous failures to fill the stands were due to the previous incompetent circuit managers.

Ryan James

1/9/2013 12:12:17 PM

How much money did Erdogan waste on building the F1 race track called Istanbul Park? Another AKP financial fiasco.

Blue Dotterel

1/9/2013 10:35:36 AM

Istanbul has enough air pollution already. One of the few times recently that I approve of a government decision. Too bad it is such an insignificant one.
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