The tender process for Istanbul Park finally begins

Which has not been on the agenda in recent months Istanbul Park The tender process for the project begins at the end and there are remarkable details about it.

By journalist Emre Özpeynirci Here As reported, it has hosted more than one Formula 1 race. Istanbul Park The tender process begins for On this subject, Özpeynirci shared the following: “The General Directorate of Foundations will hold a tender for the Formula 1 track and surrounding real estate on April 2. According to the construction leasing and operation tender specifications for a total of 117 million 806 thousand dollars for 30 years; In addition to the Formula-1 track on a 2.1 million m2 land, it also functions as a shopping mall, adventure park (Go kart, amusement park, climbing track, excursion train, etc.), automobile museum and entertainment center (aquarium, bird park, zoo, rainforest). neighborhoods/structures will be built. During the first year of construction, there will be 272 thousand dollars a month, an increase of 1.5% every year for the next 3 years, 506 thousand dollars starting from the 4th year, and a 1.5% annual increase from the 5th year until the end of 30 years. However, if the rental fee remains below 20% of the total turnover, the difference will also be taken. If there is no Formula 1, the deal is cancelled.


“There are many items in the tender specifications, but I think the most important are these.” Özpeynirci stated the following:

-The Contractor will guarantee that the Formula 1 races will be held on the real estate, and within 1 month after the contract for the work is signed, an agreement will be reached for the Formula 1 races to be held on our real estate and the protocol to be signed will be notified to the Administration. If this is not done, the contract will be terminated and the deposited guarantees will be recorded as income to the administration,

-The contractor will undertake that Formula 1 races will start on the existing Formula 1 track on the property as of 2026. “For each year in which races cannot be held after this year, including 2026, annual compensation of 25% of the Formula-1 contract price for that year will be paid to the administration.”

A statement was made by Tuzla District Governorate about the latest developments regarding Intercity Istanbul Park and the following was stated: “The evacuation of the real estate, which is located within the borders of our district and is managed by the General Directorate of Foundations, in accordance with Article 75 of the State Tender Law No. 2886, was requested from our District Governorate by the 2nd Regional Directorate of Foundations on 29.11.2023. In the file review carried out by our district governorship; In the third paragraph of Article 75 of the State Procurement Law No. 2886 “In case the occupation continues after the end date of the lease, if there is a provision in the contract, action will be taken accordingly.” With the provision of Article 30 of the Build-Operate-Transfer Agreement titled “Place of Resolution of Disputes”, “Istanbul judicial, administrative courts and enforcement offices are authorized to resolve disputes that may arise from the implementation of this agreement.” When the provisions are evaluated together, it is understood that the dispute arises from the contract between the parties, the outcome of the contract and the existence of the occupancy situation are matters of contention and can only be resolved as a result of the trial by the judicial authorities, so it has been decided that no action can be taken by our District Governorate.

This decision was conveyed to them in response to the letter of the 2nd Regional Directorate of Foundations. The 2nd Regional Directorate of Foundations made the same request on the same subject on 11.12.2023, and the request was rejected by our District Governorate for the same reasons.

Within the framework of Article 75 of the State Tender Law No. 2886 and other relevant legislation, it is not legally and practically possible for our District Governorate to resolve the dispute, which will be resolved by the judicial authorities. To date, no appeal has been made to the administrative judiciary against the rejection decision, which was given on legal grounds and is subject to administrative judicial review in accordance with Article 125 of the Constitution and the Administrative Procedure Law No. 2577.

The decision of our District Governorate, which was rejected on purely legal grounds and was subject to administrative judicial review, was sensationally discussed on social media channels with malicious intent and in a way that does not suit press ethics, Our district governorship has been accused by trying to portray it as an institution that does not do its job. The work and transactions carried out by our district governorship are carried out in accordance with the law within the framework of the relevant legislation. The comments made are completely unfounded and slanderous. It is announced to the public with respect.”

The latest post made by TOSFED (Turkish Automobile Sports Federation) on this subject is as follows: had happened: “In the letter written by the General Directorate of Foundations to the Tuzla District Governorship, Intercity, which is documented with an official letter as an occupierEven though the warning period has expired as of today by not clearing the runway “It disregards the law and the law, prevents national athletes from entering Istanbul Park and continues to cause harm to the public.”

So where exactly did this issue come from? In recent months, regarding Intercity Istanbul Park, spokesman published a news. According to this news, an evacuation decision was made for the Istanbul Park Circuit, which was held in 2003 and where the first Formula 1 races were held in 2005, in the Akfırat location in the Tuzla district of Istanbul. General Directorate of Foundations was established on July 18, 2003 by Formula Istanbul Yatırım A.Ş., whose major shareholders are TOBB and Istanbul Chamber of Commerce. He signed a 20-year lease agreement with (FIYAŞ).

After the Formula 1 Turkish Grand Prix was not included in the 2012 race calendar, FİYAŞ, the operator of the Park, rented the track for 10 years. The operation of the track was carried out by the Intercity company. Noting that the park’s operating period ended on July 18, 2023, it was learned that the General Directorate of Foundations started the evacuation process on July 24, 2023.

According to the document obtained by Sözcü, the contractor company FIYAŞ was asked to evacuate the property and deliver it empty to the General Directorate of Foundations. It was stated that FIYAŞ stated that it will deliver the real estate empty as of December 31, 2023, by paying the usage fee until the evacuation process. It was learned that after the evacuation process of Istanbul Park is completed, a new tender will be held for the track in 2024.