Aug.23 (GMM) Race officials have denied rumours Sunday's running of the European grand prix could be the last time Valencia stages the formula one race.
Speculation in the paddock of the Spanish port venue said low attendance and a lack of atmosphere has Bernie Ecclestone seriously considering the future of the event.But according to a report in the AS newspaper, local government authorities are at the grand prix this weekend and are guaranteeing the event stays on the calendar for at least the next five years.It is suggested that the officials are blaming the late August date for many of the event's problems and are pushing for a new date - possibly in June or July - for 2010 and beyond.
