Ferrari plans to build a new theme park in Spain.

Recently, PortAventura Entertainment S.A.U., a subsidiary of Investindustrial, signed a licencing agreement with Ferrari to build Ferrari Land, a new Prancing Horse theme park, inside the PortAventura resort and theme park outside Barcelona in Spain.

Ferrari Land will cover 75,000 square metres and include a variety of new and exciting attractions for Prancing Horse enthusiasts of all ages, including Europe’s highest and fastest vertical accelerator.

The first Ferrari-themed hotel is also to be built inside PortAventura and will be a luxury five-star establishment with 250 rooms, restaurants and a driving simulator.

The project will involve an overall investment of €100 million and the Ferrari theme park itself officially opens in 2016.

Source: Ferrari

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