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Hello and welcome to live text commentary of the European Grand Prix in Valencia.

Formula 1 | European Grand Prix
Valencia Street Circuit | 24.06.2012
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Mark Patterson

Updated 24/06/2012 at 13:49 GMT


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Fantastic stuff. No shortage of talking points. If you do want to talk about it, why not follow me on Twitter at @Mark_Eurosport?
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RAIKKONEN SECOND - SCHUMACHER THIRD (HIS FIRST PODIUM SINCE HIS RETURN!)
57/57
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And here's the story - Alonso, from 11th to first - HE WINS THE EUROPEAN GRAND PRIX!!
57/57
Yellow flags in the final moments as Schumacher chased by Webber. What a finish. What a race.
56/57
Maldonado went into the side of Hamilton having just been off the racing line. Hamilton is FURIOUS.
56/57
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That looked like Maldonado's fault - he's lost his front wing and his podium finish too - it's SCHUMACHER COMING THROUGH FOR THIRD!
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HAMILTON OUT! HE'S HIT MALDONADO!
56/57
Hamilton is surely going to lose his podium finish here - his rear tyres have given up two laps too soon.
55/57
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Now the headache for Hamilton is Maldonado! They're side-by-side as the penultimate lap starts!
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Looks like Hamilton's tyres have gone... AND RAIKKONEN IS THROUGH!
54/57
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RAIKKONEN SO NEARLY AHEAD OF HAMILTON! The Finn is now on the charge!
54/57
Maldonado only 2.2 seconds behind Raikkonen. There is a podium place there for the taking...
54/57
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Di Resta cannot stop Schumacher - into sixth he goes! Webber is not far behind...
53/57
Down in the battle for P15, Massa has been passed by Petrov - looks like a problem for the Ferrari.
53/57
Schumacher looking good for a very strong finish to this race. He's right on the back of Di Resta almost immediately.
53/57
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Schumacher making more progress - he's ahead of Perez, and Webber following - have his tyres gone too?
52/57
Button's dropped about five seconds behind Webber in tenth - he has about five seconds of a cushion on Rosberg for the final point.
52/57
Looks like we won't have another different winner this season, but we've still been treated to a thrilling race. And it's not over. Alonso losing a little time on Hamilton here.
51/57
Hamilton clsoing up on Alonso, but loses time through the final turn after running a little wide.
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Raikkonen's best chance appears to have passed. He's dropping back. Hamilton 3.5s shy of Alonso. Is there a final twist in this race?