Abu Dhabi's Ferrari World to have smaller version in Spain

A Ferrari theme park due to open in Spain next year will help to promote Ferrari World in Abu Dhabi.

Miral Asset Management, the developer and asset management company responsible for promoting Yas Island, said the new theme park in Spain followed the success of Ferrari World.

“It’s promotion for us,” said Mohamed Abudullah Al Zaabi, the chief executive of Miral. “It is much smaller than Ferrari World but it is the result of our success.”

The €100 million (Dh411.9m) Ferrari Land theme park is coming up over 15 acres of land south of Barcelona.

The park, which is the result of a deal between Ferrari and Spanish entertainment group PortAventura World, will have the highest and fastest roller coaster in Europe.

Abu Dhabi’s Ferrari World, which spans 200,000 square metres, features the world’s fastest roller coaster – Formula Rossa – that can reach a speed of 240 kilometres per hour in 4.9 seconds, and Flying Aces – which has the world’s highest roller coaster loop at 63 metres.

In March, Ferrari Spa, a wholly-owned Italian subsidiary of Ferrari NV, signed a deal with Beijing Automotive Group Company and Baic Eternaland Property Company and Property for the design, construction and operation of a new Ferrari theme park in one of the pri­mary cities in Mainland China. It did not give details.

A fourth park could come up in North America, according to Bloomberg in April.


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