Formula 1

Formula 1 gears up for its second urban based circuit in Europe, to be held in Valencia. The new circuit is based around the City of Arts and Sciences and the Marina area at Port Americas Cup. Taking the lead as the new European Grand Prix, the race will be held on the 24th August 2008 around the Mediterranean port, which in 2009 will again be hosting the Americas Cup and will lay down the foundations for further Worldwide sporting events in Valencia.

The Valencia government’s president, Francisco Camps, and Valencia’s mayor, Rita Barbera, have agreed to a 7 year deal with Bernie Ecclestone