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Turkish government will not provide GP funding

Hopes of Turkey's return to the F1 calendar took a blow this afternoon when the country's Sports Minister said there would be no government funding for the event.Earlier, The Turkish Automobile Sports Federation (TOSFED) chairman, Demire Berberoglu, has said that the event could only take place if the government helped with the costs.However, Sports Minister Suat Kilic has poured cold water on the proposal, claiming that the race is a matter for the private sector, even though most governments that underwrite F1 races do so because of the (hoped for) economic benefits F1 would bring to their countries.'If it wants to, the private sector can bring Formula One,' the Dogan news agency quoted...
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13y ago from Pitpass.com 0
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