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Ferrari has announced plans to open its first theme park in Europe, bringing the prancing horse to the PortAventura resort near Barcelona. Due to open in 2016, the 75,000 metre square Ferrari Land promises to include Europe's fastest and highest vertical accelerator and a 250-room hotel in the shape of an F1 front wing, billed as Ferrari's first five-star hotel. The project, involving an overall investment of €100m (£83m), will be built by private equity firms Investindustrial and KKR, under licence from Ferrari.
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