Turkey F1 track becomes used car dealership

Aug.31 (GMM) Turkey's chances of returning to the F1 calendar any time soon now appear dead.

Istanbul Park hosted grands prix between 2005 and 2011, with the Hermann Tilke-penned circuit famous for its challenging turn 8.

But the event collapsed for financial reasons and a lack of local interest.

Now, the track that reportedly cost almost $300 million to build is to become a used car dealership, the Turkish daily Sozcu reports.

A car rental company has reportedly signed a 10-year lease and plans to sell 25,000 cars per year from the facility, to be called Istanbul Park Auto Market.