Italian sports car maker Ferrari has signed an agreement to build its second Ferrari-themed park, Ferrari Land, outside the city of Barcelona in Spain. The park will be constructed on an 18.5 acre site within the PortAventura resort and theme park, and is expected to open in 2016. It will cost $136 million to build.
Ferrari Land is expected to include Europe's highest and fastest vertical accelerator, a driving simulator, Formula 1 car exhibits and a slot-car ride among other attractions. It follows in the heels of Ferrari World in Abu Dhabi, which opened in 2010 and included the world's largest Ferrari badge, the biggest Ferrari gallery, the world's fastest roller-coaster and the world's biggest Ferrari shop.
Ferrari isn't stopping there, and now plans to consider proposals for theme parks outside Europe.