Massa started from pole position alongside premier title rival Hamilton. Kubica began in third spot, next to Massa's Ferrari team-mate Kimi Räikkönen. Massa led the race from start to finish (excluding times where he pitted), closely followed by Hamilton.
Although it was the first race at Valencia, the European Grand Prix had been held 17 times in Formula One. The Grand Prix had been held in Spain twice before, both times at Jerez de la Frontera. The 1994 race was won by Michael Schumacher, whilst the 1997 race was made infamous by Schumacher's attempt to run Championship rival Jacques Villeneuve off the track, handing Villeneuve the title. Mika Häkkinen eventually won the race. Fernando Alonso won the 2007 European Grand Prix at the Nürburgring, Germany for McLaren. Alonso and Rubens Barrichello were the only former European Grand Prix winners in the field.
Kimi Räikkönen topped the timesheets in second practice, having traded fastest times with team-mate Massa for the majority of the session. Fernando Alonso had the set the quickest time late, but was surpassed by Räikkönen in his final flying lap. A notable incident in the session involved Nico Rosberg spinning under brakes in the final corners, and narrowly missing Mark Webber on the inside, before rejoining the track with no damage done. Big surprises in the session were Jenson Button running his Honda third, and Giancarlo Fisichella getting his Force India to tenth.
Rain overnight meant that the Valencia track began with almost no rubber on the surface, but Robert Kubica was still able to carry enough speed to become the first man of the weekend to break into the 1:38s, with Rosberg and Bourdais close behind. There were minimal mishaps, with only Hamilton and Timo Glock spinning. Jarno Trulli spent the majority of the session in the pits with gearbox problems, completing only two laps.
Kimi Räikkönen left a pit stop with his car's fuel hose still attached. The incident left a Ferrari mechanic with a minor fracture, as well as losing Räikkönen a place. The same problem was to plague his team-mate in Singapore a month later.
| Pos | No | Name | Constructor | Part 1 | Part 2 | Part 3 | Grid |
|---|---|---|---|---|---|---|---|
| 1 | 2 | Felipe Massa | Ferrari | 1:38.176 | 1:37.859 | 1:38.989 | 1 |
| 2 | 22 | Lewis Hamilton | McLaren-Mercedes | 1:38.464 | 1:37.954 | 1:39.199 | 2 |
| 3 | 4 | Robert Kubica | BMW Sauber | 1:38.347 | 1:38.050 | 1:39.392 | 3 |
| 4 | 1 | Kimi Räikkönen | Ferrari | 1:38.703 | 1:38.229 | 1:39.488 | 4 |
| 5 | 23 | Heikki Kovalainen | McLaren-Mercedes | 1:38.656 | 1:38.120 | 1:39.937 | 5 |
| 6 | 15 | Sebastian Vettel | Toro Rosso-Ferrari | 1:38.141 | 1:37.842 | 1:40.142 | 6 |
| 7 | 11 | Jarno Trulli | Toyota | 1:37.948 | 1:37.928 | 1:40.309 | 7 |
| 8 | 3 | Nick Heidfeld | BMW Sauber | 1:38.738 | 1:37.859 | 1:40.631 | 8 |
| 9 | 7 | Nico Rosberg | Williams-Toyota | 1:38.595 | 1:38.336 | 1:40.721 | 9 |
| 10 | 14 | Sébastien Bourdais | Toro Rosso-Ferrari | 1:38.622 | 1:38.417 | 1:40.750 | 10 |
| 11 | 8 | Kazuki Nakajima | Williams-Toyota | 1:38.667 | 1:38.428 | 11 | |
| 12 | 5 | Fernando Alonso | Renault | 1:38.268 | 1:38.435 | 12 | |
| 13 | 12 | Timo Glock | Toyota | 1:38.532 | 1:38.499 | 13 | |
| 14 | 10 | Mark Webber | Red Bull-Renault | 1:38.559 | 1:38.515 | 14 | |
| 15 | 6 | Nelson Piquet Jr. | Renault | 1:38.787 | 1:38.744 | 15 | |
| 16 | 16 | Jenson Button | Honda | 1:38.880 | 16 | ||
| 17 | 9 | David Coulthard | Red Bull-Renault | 1:39.235 | 17 | ||
| 18 | 21 | Giancarlo Fisichella | Force India-Ferrari | 1:39.268 | 18 | ||
| 19 | 17 | Rubens Barrichello | Honda | 1:39.811 | 19 | ||
| 20 | 20 | Adrian Sutil | Force India-Ferrari | 1:39.943 | 20 |
| Pos | Driver | Points |
|---|---|---|
| 1 | Lewis Hamilton | 70 |
| 2 | Felipe Massa | 64 |
| 3 | Kimi Räikkönen | 57 |
| 4 | Robert Kubica | 55 |
| 5 | Heikki Kovalainen | 43 |
| Pos | Constructor | Points |
|---|---|---|
| 1 | Ferrari | 121 |
| 2 | McLaren–Mercedes | 113 |
| 3 | BMW Sauber | 96 |
| 4 | Toyota | 41 |
| 5 | Renault | 31 |