For example,
the appeal of
Valencia has
grown
significantly
this year for
sports-loving
>Home Owners<, with
the hosting of
the
Americas Cup by
the city being
the catalyst for
the building of
a major new
arena, along
with other
waterfront
developments. In
addition to
this, the city
has been awarded
the European
Formula One
grand prix from
2010
to 2014,
with a
Monaco-style
street circuit.
Valencia could
thus become
Spain's answer
to Monte Carlo.