Click above for high-res gallery of the European Grand Prix

There are many grands prix in Europe, but there is only one European Grand Pix. Although the title was originally awarded as a badge of prestige to one race on the continent each year, over the last quarter century the name has allowed a second round in the Formula One World Championship to be held in a country that already hosts a race under its own name. With the 2008 Spanish Grand Prix already behind us, this year's European Grand Prix was held at the new street course in Valencia, Spain.

Not to be confused with the Circuit de Valencia that is often used as an F1 test track, the new Circuito Urbano Valencia was designed by prolific track architect Hermann Tilke and is lauded for combining a highly challenging set of 25 turns with a Monaco-like atmosphere - complete with views of the Mediterranean and a marina - and a unique bridge straight. The new location made for a an exciting setting for this past weekend's race, jam packed with race action to throw this year's championship further into flux. Follow the jump to see how it unfolded.