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Ferrari World: Dh700m Investment Including Turbo Track Coaster

Turbo Track Coaster Ferrari World Abu Dhabi deal live by blooloop

Ferrari World Abu Dhabi is to invest Dh700 million in new rides and attractions, including the Turbo Track roller coaster.

Ferrari World owners, Miral Asset Management, have revealed that the 102 km/h, 62m high Turbo Track thrill ride will be ready in March.  The mega coaster will break through the glass funnel and shoot above the iconic red roof of the theme park.

By 2022, Miral expects 48 million visitors to Yas Island.  Around 40 per cent of visitors to Ferrari World are tourists, with increasing numbers coming from India and China.  Tourism has a key role to play in Abu Dhabi’s plans to create a sustainable, diversified economy.  The Emirate’s strategic 2030 Vision is to create new world-class destinations.

Mohammed Al Zaabi, Miral CEO, told The National,  “In this industry you need to keep adding new rides and updating your profile, and make sure every year you have something new for the customer.  Yas Island is playing a major role in Abu Dhabi’s economy and the tourism industry in the region.

“We would like to maintain the same growth rate this year.  There was a major drop in Russian tourists in 2015 but they made a strong comeback last year along with a slight decrease in European tourists, but there was a good growth in Chinese and Indian markets.”

Ferrari World currently has 35 rides and attractions and, following on from the opening of Flying Aces roller coaster in April 2016, another 4 attractions (2 rides and 2 experiences including a Ferrari car simulator and the Turbo Track coaster) will be added in 2017 and a further 4 attractions in 2018, including some suitable for younger visitors.

Last month, Miral announced plans to open a SeaWorld theme park on Yas Island by 2022.  This will be SeaWorld’s first international expansion.  The marine life park will not include orcas and will be funded by Miral under license.

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Rachel Reed

Rachel Read

Rachel is Finance Director. She has a degree in engineering from Cambridge University and qualified as a Chartered Accountant at Deloittes in London. She worked in finance in industry for twenty years. She oversees our news and also manages our events.

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