"Price-hike threatens 2012 Turkish GP
Friday 22nd April 2011
Istanbul will reportedly be dropped from the F1 calendar after May's race after officials refused to agree to Bernie Ecclestone's price hike.
The head of the Istanbul Chamber of Commerce, Murat Yalcintas, reportedly told the Hurriyet Daily that the Turkish government has said no to Ecclestone's increased fee. "
More:Price-hike threatens 2012 Turkish GP | Planet F1 | Formula One News