Istanbul Park crisis is over
As it is known, an evacuation decision was issued for the Istanbul Park Circuit in the past weeks. Operating the track despite the evacuation decision IntercityIt was also noted that (Ekim Turizm Tic. ve San. A.Ş.) has not yet evacuated the runway and the process has been extended. In this context TOSFEDVarious statements had been made by (Turkish Automobile Sports Federation) regarding the evacuation of the track. This entire crisis environment has recently ended with the tender of the General Directorate of Foundations.
Within the scope of Istanbul Park tender 30 year term The “Rent and Operation in Return for Construction and Repair” tender has been launched. Formula-1 In addition to the runway, the mall, macerapark (go kart, amusement park, climbing track, sightseeing train, etc.), automobile museum ve amusement center Spaces/structures with the function of (aquarium, bird park, zoo, rainforest) will be built. The total estimated price of the tender is $117.8 million. If the tender date is 02.04.2024.
If there is no F1 race, the contract is canceled
In addition, the contractor Formula 1 of the races By 2026 will start on the track at Istanbul Park with to commit, For each year in which races cannot be held after this year, including 2026, it is stipulated that an annual compensation of 25% of the Formula-1 contract price for that year be paid to the administration. You can find all the details in the source section.
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Source link: https://www.donanimhaber.com/istanbul-park-formula-1-pisti-icin-ihale-sureci-basliyor–174100