I see that Valencia is now trying to renegotiate its deal with F1. That's usually the death knell for a venue.
I don't like the reason (terrible economy in Spain) but I'll be glad if the venue is dropped.
I always thought it was boring. The TV people talked it up. But the truth is finally being reported:
Valencia has not proved popular with fans. The layout makes racing (overtaking) impossible, while the bland featureless backdrop has singularly failed to capture the imagination.