Fiat showcases the new Aegea Project sedan at the Istanbul Motor Show, a Focus-sized sedan set to be produced in Turkey and sold in markets around the world - albeit likely under a different name.
Formula One and Turkey are apparently on the splits, as Turkish newspaper Haberturk claims that the Turkish Grand Prix won't take place in 2012. Istanbul chamber of commerce chief Murat Yalcintas reportedly told the publication "It looks like the Formula One race won't be held in Istanbul next year." The reported reason for the decision was that Formula One chief Bernie Ecclestone (above) raised the race fee from $13 million to $26 million; a price Istanbul doesn't appear eager to meet.
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