© F1 Pulse, 10 January 2013
|© AP Photo/Thanassis Stavrakis
The Turkish Grand Prix will not return to the calendar this year after a deal failed to gain approval from the country’s prime minister, according to the Hurriyet Daily News.
Formula 1 boss Bernie Ecclestone was in negotiations with the organisers to revive the Grand Prix for the current season but the asking price to host the race stood as the only barrier for the event to go ahead.
“The project, set to cost Turkey around $20 million in total, was supposed to receive $13 million of state funding,” read the report adding that prime minister Recep Tayyip Erdogan refused to approve the budget.
The Turkish GP was held from 2005 to 2011 before being dropped from the calendar last year.
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