Terror threats as F1 world descends on Valencia

UPDATE (GMM) A terrorist threat eased as evening fell on Wednesday in Valencia, the Spanish host of this weekend's European grand prix. We reported earlier that as the F1 world winged its way to the country's third largest city, the armed separatist group ETA was threatening to blow up roads and railways. But police found no bombs after an intense search and soon afterwards lifted controls on the port city, according to agency reports.

06/23/10 (GMM) As the F1 world makes its way to Valencia on Wednesday, there are reports of terror threats around the Spanish port city.

Authorities said the armed separatist group ETA had threatened to blow up highways, but reports that at least one bomb had exploded have not yet been confirmed.

El Publico newspaper said railways may also have been targeted.