The track was host to GT and Spanish F3 at the weekend and Charlie Whiting was at the Spanish circuit to present the official approval.
Jenson Button believes that the Valencia Grand Prix could bring new fans to the sport. He said that the circuit is quite fast but has a lot of run-off areas making it an exciting track to race on and to watch.
The circuit has been designed by Hermann Tilke and charts it’s course around the city’s America’s Cup port.
Nick Heidfeld, the BMW Sauber driver, has said he is intrigued by the new circuit which will host it’s first race on August 22-24. Tickets for the event were said to have sold out within a fortnight of going on sale, with 110,000 fans set to attend the venue.
The race will be known as the Formula 1 Telefonica Grand Prix of Europe, a 57 lap race with a circuit length of 5.440 km.