News Details

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...
Full Story »
12y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Minister dismisses Turkey GP funding hopes

Turkey's sports minister has poured cold water on race organisers' hopes...
12y ago from SuperSport.com

Turkish GP return depends on government

The future of the Turkish Grand Prix now rests in the hands of the...
12y ago from GPUpdate.net

Istanbul organisers call for government funding

Organisers of the Turkish Grand Prix are calling on their government to...
12y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Johann Zarco reveals when he ‘began to believe'...

Johann Zarco reveals he “began to believe” he could win his home...

Toprak Razgatlioglu secures Most WorldSBK Race 1...

Toprak Razgatlioglu was a cut above the rest by securing victory in Race...

Popular On IndyCarToday.com

Colton Herta cleared to race following hard crash...

The first round of qualifications for the 109th Indianapolis 500 took...

Marcus Armstrong smashes wall in final practice before...

Saturday morning, the NTT IndyCar Series set aside one hour for teams to...

Popular On TotalWRC.com

Ott Tänak tops Rally Portugal after fierce Friday...

Ott Tänak claimed his 400th career stage win on the final stage of Rally...
23h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Asking price set: Liverpool expected to enter into...

Wolverhampton Wanderers defender Rayan Ait-Nouri has been linked with a...
57m ago from CaughtOffside.com

Report: Arsenal looking to fix key weakness by signing...

Arsenal are interested in signing the Brazilian striker Igor Jesus from...
2h ago from CaughtOffside.com

Asking price revealed: Arsenal to compete with Man...

Arsenal are interested in signing the Athletic Club Bilbao attacking...
3h ago from CaughtOffside.com

Revealed: Arsenal's transfer budget for the upcoming...

Arsenal are preparing for a significant overhaul in the upcoming summer...
3h 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.