Valencia could still return to the F1 calendar in 2014.
The Spanish port city race's fate has been swinging wildly in recent days and months, but it seems Valencia might appear on next year's schedule after all.
That would be due to a new alternating scheme with Barcelona, until now the permanent host of the annual Spanish grand prix.
"If Valencia can host the grand prix in 2014, there will be the (race) alternation," Catalunya president Artur Mas told Diario Sport newspaper.
"It depends only on them," he added. "If Valencia is able to have the Spanish grand prix in 2014 then it will, otherwise we will do it, because as of now - unlike two years ago - we have the financial ability to do it every season."