Formula One (Istanbul Park)
The expansion of the Formula 1 Grand Prix into Turkey was initiated by the Istanbul Chamber of Commerce. The Formula 1 facilities in Istanbul were successfully completed in 2005 when the first races were held. ICOC's partner TOBB, as well as the Istanbul Metropolitan Municipality and the Special Provincial Administration aided in the completion of the facilities. After the first two races, the operation of the Istanbul Formula 1 Grand Prix was privatized and transferred to a third party.
Read more about this topic: Istanbul Chamber Of Commerce
Famous quotes containing the word formula:
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