Formula One Czar boss, Bernie Ecclestone is apparently a “big, big” fan of bikes, and partnered with his place in the F1 hierarchy, decided to purchase a controlling stake in Turkey’s Istanbul Park.
Supposedly paying close to $180 million for an interest in the circuit, this recent acquisition brings the total number of tracks owned by the Andy Warhol look-alike to two – the other being the Paul Ricard circuit in France.
The move solidifies Turkey’s position as a host of Formula One races in the future, but questions regarding the $2.5 million fine that was levied on the organizers after last year’s trophy debacle remain. Rumors about Eccelstone’s possible involvement in helping to pay the fine have surfaced, but regardless, it’s a sweet circuit and we’re glad it’s sticking around. [TSN]