JUNE 5, 2005

Ecclestone rediscovers Europe

Bernie Ecclestone has been answering critics in Turkey who say that the Turkish Grand Prix is costing the country too much money. Ecclestone said that Turkey had "the best deal in F1" and that the sport is not going to Turkey because of the money but rather because "we came here to embrace Turkey into Europe".

Ecclestone is well known for his views about Europe.

Last year he remarked that "in the next 10 years, Europe is going to become a third world economy. There's no way Europe will be able to compete with China, Korea, India."