News Details

Government will not fund Turkish Grand Prix

Suat Kiliç, Turkey's Sports Minister, says the government will not fund a future Grand Prix in the country, explaining that the race must be backed by the private sector. Following a one-year absence from the sport, F1 supremo Bernie Ecclestone and businessman Vural Ak had agreed basic terms over a return to Istanbul Park. Earlier on Thursday, TOFSED President Demir Berberoğlu claimed that final approval and funding needed to come from the government, but Kiliç says this is not an option. 'If it wants to, the private sector can bring Formula 1,' Kiliç was quoted as saying by local news agency Dogan. 'But there is no question of us paying the cost of the rights...
Full Story »
12y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Ecclestone confirms Turkey GP revival effort

By Editor on Wednesday, December 5, 2012 Bernie Ecclestone has confirmed...
12y ago from F1Zone.net

Turkey government refuse to fund grand prix

Dec.7 (Reuters) Turkey's sports minister has poured cold water on race...
12y ago from YallaF1.com

Turkish government refuse to pay for F1 return

Ankara:  Turkey will not release any funds for the return of the...
12y ago from NDTVSports.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Team Penske places David Malukas in the iconic #12...

Team Penske has announced that David Malukas will be joining the team and...

Zak Brown addresses three areas IndyCar can improve

McLaren CEO Zak Brown penned an open letter on Monday outlining his...

Popular On TotalWRC.com

Popular On GunnersToday.com

Journalist confirms Arsenal 'in talks' with...

Arsenal are reportedly in talks over a new contract with William Saliba...
1h ago from CaughtOffside.com

Saturday round-up: Executive shake-up

Morning, let's do a quick Saturday round-up. The big news yesterday was...
44m ago from Arseblog.com

Arteta admits he personally called star's dad to seal...

Arsenal signed Noni Madueke from Chelsea during the summer transfer...
17h ago from CaughtOffside.com

'My word' – Former PL star names duo who've...

Former Liverpool and Aston Villa star Stan Collymore has heaped praise...
20h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.