By Bob McKenzie
ISTANBUL businessmen are refusing to stump up £15million – double the cost of last year – to subsidise the Turkish Grand Prix and say the next race in a fortnight will be the last.
But Bernie Ecclestone, who owns the circuit and is race promoter, says he wants to keep the race and believes it has a long-term future.
“It looks like the Formula One race will not be held in Istanbul next year,” said Murat Yalcintas, head of the Istanbul Chamber of Commerce.
Yesterday, Ecclestone said: “The race brings a huge amount of people, trade and publicity to the city. I am a bit disappointed and I hope we can work out a deal.”
via Express.co.uk – Home of the Daily and Sunday Express | Sport | Motorsport.