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Ferrari to open $176m theme park in Spain

Published on Mar 14, 2014 3:06 AM

MADRID (AFP) - Italian luxury sports carmaker Ferrari announced Thursday it will open a 100-million-euro (S$176 million) amusement park in 2016 with rides and a five-star hotel in Spain, its first such venture in Europe.

Spread over 75,000 square metres within the PortAventura resort near Barcelona, Ferrari Land will feature Europe's highest and fastest "vertical accelerator", a driving simulator, restaurants, and a 250-room five-star hotel, it said.

Ferrari, part of Fiat Group Automobiles, already operates another theme park in Abu Dhabi called Ferrari World which opened in 2010 and boasts a rollercoaster touted as the fastest in the world.

"After the success of Ferrari World in Abu Dhabi, we received many, many requests to develop new amusement parks," Andrea Perrone, the head of Ferrari Brand, the Ferrari subsidiary company that manages the firm's brand-related activities, said in a joint statement with PortAventura.

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