Istanbul Park confirms talks with F1 over 2020 race

Istanbul Park - the venue of the Turkish Grand Prix from 2005 to 2011 - says it has engaged in talks with Formula 1 about the possibility of hosting a Grand Prix this season.

Istanbul circuit - a track often praised for representing one of Hermann Tike's best efforts - enjoyed a seven-year presence on the F1 calendar, with the 5.3km track serving as the backdrop during that period to many exciting races.

However, a financial dispute with F1 and Bernie Ecclestone led to the venue's demise after the 2011 race.

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So far, Formula 1 has confirmed a calendar of 13 rounds for 2020, with of which have already taken place in Austria and Hungary. But the need to fill in more slots has apparently opened up a window Istanbul.

"We have been carrying out the work of bringing Formula 1 racing back to our country with great desire and care since 2013, when we took over the operation of the Istanbul Park track," read a statement from circuit owner Intercity published on social media.

"Since the first day we took over the operation of Intercity Istanbul Park, one of the most special tracks of the world, we have been organising more than 300 days of events, training programs and festivals for the motor sports, traffic safety and automotive industry every year."

A major condition for the Istanbul track to host an F1 Grand Prix is the possession of an FIA Grade 1 licence which the track would need to be granted by F1's governing body.

Intercity confirmed that talks are underway although it was not able to expand on the ongoing negotiations.

"As we have been in discussions to be included on the 2020 calendar, we are at a stage where we cannot share details of our non-disclosure agreement with Formula One Management at this time, and we will notify the public if the appropriate conditions are met."

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