In July 2007, the Valencia Street Circuit with 5.419 kilometers track length was officially unveiled by the then Valencia Counselor and Transport Counselor, Mario Flores.
Though the deal was signed for seven years, Valencia Street Circuit hosted the Formula One European Grand Prix for five years (2008-2012).
Known for hosting Formula OneEuropean Grand Prix, the Valencia Street Circuit was located in the city of Valencia in Spain. With a track length of 5.419, it incorporated 25 turns including, 14 left-handers and 11 right-handers. The track used the roads striking the harbour of the city as well as America's Cup Port area. Some of the roads, specially designed by architect Herman Tilke were also used. The racing track also included a 140 meter-long swing bridge. On 1st June 2007, a deal was made between the Valmore Sports group, led by Fernando Roig and Bernie Ecclestone, the supremo of Formula One. As per the signed agreement, the Valencia Street Circuit got the rights to host the Formula One European Grand Prix for seven years.
In July 2007, the track was first used for hosting the Spanish F3 Championship and International GT Open. This enthralled almost the entire Spain.
On 24th August 2008, it hosted the first European Grand Prix that witnessed immense excitement across Europe.
In 2009 European Grand Prix, Timo Glock set the lap record of 1:38.683 minutes while racing at the top speed of 198.454 km per hour.
With many different overtakes, the European Grand Prix 2012 was held as one of the most exciting and thrilling races at the Valencia Street Circuit.
Unlike the previous races hosted here, the European Grand Prix 2012 witnessed four retirements.
On June 26, 2011, Sebastian Vettel set the Pole Record of 1:38.086 minutes with the top speed of 198.891 km per hour.
Representing the Ferrari team, Fernando Alonso won the 2012 European Grand Prix on June 24, 2012.