24.04.2026 09:40
After TOSFED took over the operation of the Istanbul Park circuit, a 7-year agreement was reached with F1 management. While the first race is planned to be held in 2027, President Erdogan will announce the deal at around 15:00.
We have reached the final stage in the critical process for Formula 1, one of the world's most prestigious motorsport organizations, to return to Istanbul. President Recep Tayyip Erdogan will announce the agreement today at 3:00 PM.
CRITICAL THRESHOLD FOR ISTANBUL PARK
The promotional program will address the future of Istanbul Park circuit and plans regarding the race calendar. Following the tender process conducted in 2024, steps taken towards the goal of hosting Formula 1 again in Istanbul in 2026 are expected to be announced.
PARTICIPATION FROM THE PEAK OF WORLD MOTORSPORTS
Formula 1 CEO Stefano Domenicali is also expected to attend the meeting. Domenicali is anticipated to provide assessments regarding the organization's global structure and the cooperation with Turkey.
BILLION-DOLLAR CONTRIBUTION TO ECONOMY AND TOURISM
The program will also address the contribution of Formula 1 to Istanbul's international brand value, as well as the economic impacts it will provide to Turkey's economy and tourism. The new agreement is aimed at providing a billion-dollar contribution.
ISTANBUL PARK IS BEING RENOVATED
At the event, details are expected to be shared regarding planned modernization works at Istanbul Park, renovation of social areas, and 'green event' projects to be implemented within the scope of sustainability.
OFFICIAL CALENDAR AND AGREEMENT DURATION TO BE ANNOUNCED
Following the process conducted under the coordination of the Ministry of Youth and Sports, it is planned to officially announce Turkey's place in the Formula 1 calendar and the duration of the agreement.
9 RACES AT ISTANBUL PARK
Istanbul Park has made its mark on Formula 1 history by hosting a total of 9 major races since it first opened its doors in 2005. While McLaren driver Kimi Räikkönen achieved the first victory on the circuit, Felipe Massa, who said 'Istanbul Park is my home,' won 3 consecutive times between 2006-2008, earning the title of the circuit's most successful name. Istanbul, where 6 different drivers including world champions like Lewis Hamilton and Sebastian Vettel have climbed to the top of the podium, maintains its place among the unforgettable destinations of the F1 world with its famous Turn 8 and counterclockwise layout.