Lack of interest, financial troubles axe future of Formula 1 in Turkey
In recent years, it has been rumored that Turkey’s rights to host Formula 1 Grand Prix races may be terminated after this year’s races. The speculation unofficially turned out to be true when İstanbul Chamber of Commerce (İTO) head Murat Yalçıntaş tweeted, “It looks like the Formula One race will not be held in İstanbul next year,” on Thursday. The future of the races is believed to be in peril due to a disagreement between the races’ Turkish officials and Formula 1 boss Bernie Ecclestone over payments for the race.
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