ferrari

Ferrari Land, Europe's first theme park in Europe entirely dedicated to the Ferrari, will open its doors this Friday. Located next to Port Aventura, in Vila-Seca, a town in the southern Catalan region of Tarragona, Ferrari Land represents a €100 million investment, occupies 70,000 m2, and includes 11 rides and attractions. The most popular is the ‘Red Force’, Europe’s largest and fastest roller-coaster. In fact, it is a vertical accelerator which goes from 0 to 180 km/h in five seconds, simulating the acceleration of a Formula 1 race car. More than 250 media from all over the world attended the inauguration this Thursday, including Ferrari’s founder son, Pietro Ferrari. With this new attraction, Port Aventura World, which includes Port Aventura and the adjacent Caribbean World water park, is set to boost the Vila-Seca area and turn Port Aventura World into a leading family destination.

Ferrari Land, the international brand’s first theme park in Europe, is closer to its opening in Vila-Seca, a town in the southern Catalan region of Tarragona. Over the next few weeks the operators will carry out the urbanisation of 60,000 square metres of the amusement resort, located next to the Port Aventura theme park. Ferrari Land represented a €100 million investment and will include simulators, shops, restaurants, as well as replicas of Italian buildings. However, one of its main attractions will be ‘Cavallino Rampante’, Europe’s tallest rollercoaster, reaching 112 metres high. The attraction should allow visitors to feel the acceleration experienced by a F1 driver, reaching 180 km/h in 5 seconds.Ferrari Land is set to increase by 20% the number of visitors to Port Aventura, which will break all records achieved since it opened in May 1995.

Veremonte has added additional uncertainty to the future of the BCN World project, the largest holiday resort in Europe based in the Costa Daurada, near Tarragona. After a $6 billion investment, it will include – among other facilities – 6 mega-casino hotels, amusement parks and shopping malls. Veremonte – which was initially leading the project – announced that it could leave, depending on how the Catalan Government will develop the final Urban Plan and how it will set the conditions for the second phase of the casino licences' tender. In 2012, Veremonte had already reached an agreement with La Caixa bank to buy 500 hectares of the land. However, the company missed the first deadline and did not meet the second one (last December) to do so, arguing that the final Urban Plan had not yet been approved. The Catalan Government then jumped in and reached an agreement with La Caixa for the rights to buy the land and guarantee the project's continuation. Veremonte still continues to be linked to the project through the casino licence tender, for which it is running with Hard Rock and Melco.

Sebastian Vettel, Ferrari Formula One Team Driver, together with the President of the Catalan Government, Artur Mas, have set on Thursday the symbolic first stone of the company’s first theme park in Europe, which will be an expansion of PortAventura, the main amusement resort in Catalonia, located on the Costa Daurada and near Tarragona. Ferrari Land is expected to be ready by the end of 2016, after an initial investment of €100 million. It is likely to become PortAventura’s main attraction and is expected to make the Catalan holiday and amusement resort reach 5 million visitors per year. Once Ferrari Land is operational, it will employ about 150 people, in addition to PortAventura’s staff. The project also includes a 5-star hotel themed around the Ferrari brand, but this will be built during a second stage.

PortAventura announced it will start the construction of the amusement area devoted to Ferrari in May, with the objective of finishing work around a year-and-half later. FerrariLand will be part of PortAventura and will also be the first theme park of the Italian car brand in Europe, adding to the park it has in Abu Dhabi. It will be built in Salou, located in Catalonia’s Costa Daurada, near Tarragona and Reus. The new area will come after a €100 million investment. In addition, in the coming  months it should be confirmed whether the $6 billion BCN World resort, with Las Vegas-style hotels and casinos, but also with theatres and conference centres, is to be developed in the area. PortAventura also announced it is about to unveil its first 5-star hotel, coinciding with the theme park’s 20^th anniversary.

German manufacturer Mercedes AMG Petronas have confirmed during the last Formula 1 tests at the Circuit de Catalunya that they are two steps ahead of the rest of the teams. Nico Rosberg notched on Friday the quickest time of the second week of tests, with a time of 1:22.792, with British driver Lewis Hamilton also dominating Saturday’s time trials. Williams seem to be the second-best team in the paddock according to these test days that have also confirmed problems with the McLaren. After two weeks of tests at the Circuit de Catalunya marked by the accident suffered by Fernando Alonso last week, the teams will now take a break until 13 March, when the first round of the F1 World Championship will be held at the Albert Park track in Melbourne (Australia).

Former two time Formula One World Champion Fernando Alonso had to be kept in hospital last Sunday night after he was involved in a serious accident at the Circuit de Catalunya, in Greater Barcelona. The Spaniard suffered head injuries and concussion and had to be airlifted from the circuit to hospital via helicopter. Alonso was given the all clear after undergoing a series of scans and tests but was kept in hospital overnight for observation because of the nature of his injuries. The Spaniard was completing the 21st lap of the day for his new McLaren team when the accident happened at turn four on the fourth and final day of the test. According to his team, Alonso was “conscious” upon his arrival at the circuit’s medical centre and able to talk to doctors before being airlifted to hospital.

‘Lucy’s Mansion’, an independent building inside the Gold River Hotel at the amusement park PortAventura in Tarragona, will be adapted into a five-star hotel.  PortAventura will be twenty years old this season and the theme park wants to celebrate it by moving into the highest level.  The new hotel will be inaugurated on 2^nd April  with twenty-eight deluxe rooms and two suites. At the same time, PortAventura will build a new building inside the Gold River Hotel named ‘Callaghan’. This new four-star hotel will be the biggest establishment of the park with seventy-eight rooms and will be inaugurated on 1^st June. The development of the hotel complex confirms the strategy of PortAventura to consolidate its position as the best familiar leisure destination in Europe.

The Catalan Government presented this week a first draft of the urban plan that is developing for the 800 hectares surrounding PortAventura theme park, in the Costa Daurada, near Tarragona. The $6 billion holiday resort BCN World is supposed to be built in this area, which is now being promoted by the Catalan Executive itself after the private investor Veremonte did not meet the final deadline for buying the land in December. The urban plan foresees towers of 20 to 25 floors and the construction of 500,000 square metres of tourist and residential-use areas between the Las Vegas style casinos and the beach. Veremonte and its partners Melco, Hard Rock, Caesar’s Entertainment, Melià and Value Retail continue to be involved in the project, along with other investors such as Investindusrial (which owns PortAventura), Ferrari (which wants to build its first European theme park there) and Perelada (which owns other casinos and luxury hotels in Catalonia).

The Catalan Government is now managing the sale of the 150 hectares owned by La Caixa on which the BCN World holiday resort should build its 6 macro-casinos. On Thursday the bank and the Catalan Executive signed the agreement, which comes the day after the private investor Veremonte announced it was postponing the land purchase once again. Veremonte had an exclusivity agreement to buy 500 hectares of land before December 10 at midnight for €380 million, but it postponed the purchase because the urban planning details were still unknown. However, the core of BCN World's project, which is the 6 Las Vegas style hotels and casinos as well as a luxury shopping mall, only takes up 150 hectares. The Catalan Government decided to jump in to strengthen the project and guarantee that the main plots will be available for private investors to build the casinos. It will manage the sale for the next 18 months, while the definitive and detailed urban planning for the area should be approved in July 2015. The other hectares will be directly sold by La Caixa.

The Catalan Government issued last Friday the public tender for granting licenses to build six mega-casino hotels in the Costa Daurada, next to PortAventura amusement park. These 6 Las Vegas-style recreational centres are the main part of BCN World, a $6 billion project that will create the largest holiday resort in Europe.  The main promoter of the project, Veremonte, announced on Friday they will be presenting an offer for each of the six hotel and casino licenses in partnership with international investors, such as Chinese casino giant Melco and US multinational Hard Rock. Veremonte also added they have “everything ready” to launch construction.  All candidates must submit a minimum initial investment of €300 million, as well as a business plan to prevent money laundering. The tender will have 2 eliminatory phases and bids have to be presented before 25July.

The Catalan Parliament has finally approved the legal framework allowing the construction and the activities of the BCN World mega-resort, to be located next to PortAventura amusement park in the Costa Daurada. Now, the company Veremonte has the final green light to start construction, after it already had announced the first investors some months ago. Casino giant Melco, hotel brand Melià, US Hard Rock, Value Retail shopping malls and Investindustrial, which owns PortAventura, will participate in the $6 billion project. Furthermore, Ferrari announced it will build its first theme park in Europe there. BCN World involves 6 mega-casinos, large-size hotels, shopping malls, convention centres, theatres, golf courses, parks, a beach club, technology institutes and smart city developments.

The $6-billion BCN World has added another top international investor to those developing Europe's premier holiday resort, to be located next to the PortAventura theme park in Catalonia's Costa Daurada. Chinese casino company Melco, Spanish hotel network Melià and UK shopping centre developer Value Retail will build the first resort of the total 6. PortAventura, which will host Ferrari's theme park in Europe, will also build 3,000 additional hotel rooms. However, the company promoting BCN World, Veremonte, was waiting for the legal framework to be adapted in order to close deals with further investors. Last weekend, the Catalan Government and the Catalan Socialist Party (PSC) signed an agreement to adapt the rules and this Wednesday, Veremonte announced the Hard Rock deal.