• Nov 30th 2006 at 8:06PM
  • 19

Oil affects everything automotive, but when the guys holding 8% of the world's oil supply begin to look for ways to reduce their dependence on oil, should we be concerned? At least they have the cash to make it fun and not painful.

Yes, a 2,500-acre island belonging to Persian Gulf emirate Abu Dhabi, will host Ferrari World, a "high-tech" theme park featuring simulator rides, roller coasters, an interactive museum anda theatre with an Italian-themed play and a race track, as part of the $40 billion dollar transformation into one of the world's premier luxury tourist destinations.

To the ruling family in Abu Dhabi, al-Nahyan, who owns five percent of Ferrari SpA, building Ferrari World was a natural decision. To support the increase in tourists visiting Yas Island, Abu Dhabi also plans to spend an additional $6.8 billion dollars to expand the Abu Dhabi International Airport, where Etihad Airways, the sheikdom's own airline launched in 2003, calls home.

We can only dream of the chance to visit Yas Island someday. Upon its completion in 2009, might Ferrari use it as the location for future their vehicle launch programs? If so, maybe we'll get invited to come out and play.

[Source: Bloomberg]

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    • 1 Second Ago
      • 8 Years Ago
      Will Nermal be there?
      • 8 Years Ago
      Just what we need! Another excuse to throw dollars at people who despise democracy, treat women like animals, deny human rights and generally live like it's the 12th century. Have fun, guys.
        • 8 Years Ago
        Well, here we go with another cretin who knows, most likely, little or nothing of the next city block, let alone the Middle East in general or Abu Dhabi in particular. For your information Abu Dhabi and the UAE in particular are referred to, by those of us who have lived there for over 15 years, as the Switzerland of the Middle East. Meaning an wonderful population of men and women who work very hard to provide a wonderful place to live and work, for all races, creeds and gender. Your characterizations are unwarranted and best left unsaid.
      • 8 Years Ago
      Phil and mrhonest,

      "Sultan of Brunei comes from Brunei about 4000 miles east of there."

      I'm well aware of geography. That was in response to something #7 mentioned. Helps if you can read by the way.

      "This is an autoblog site, no one wants to hear your opinion on middle east polities, there are plenty of other site dedicated to windbags like you."

      Read some of the other posts, it's called discussion. Don't like it don't read it.

      Thanks for your comments though.

      • 8 Years Ago
      Just because they are Arabs, they hate democracy and treat women like animals? Get your shit straight you racist piece of shit. Have you ever been to the UAE? No, you haven't and naturally like most retarded idiots who make stupid generalizations after watching too much Fox News, you have no fucking idea what you are talking about.
      • 8 Years Ago
      Too bad it's in a shitty country:


      To their pleasure, I won't get anywhere near them in my lifetime, Ferraris or not.
      Billy Martin
      • 8 Years Ago
      I love the concept and hope I can go before the terrorists ruin it for everyone.
      • 8 Years Ago
      Your comments: And--There are no domestic terrorists in the US? Oklahoma City perhaps? Atlanta? Unabomber? And the US has never supported a corrupt regime that had it's own internal form of terrorisim and we closed our eyes to it?

      Terrorism exists everywhere. State sponsored and individual. So does racisim and bigotry.

      The UAE is a country that is very progressive and actually is trying to get people from all over the world to live there. I've been there on business and they actually like Americans, they may not like Mr. Bush or some of our policies, but on a person to person basis they like us unless we are the typical ugly American.

      Alex, you talk about how money is spent, OK, how do you spend YOUR money? The fact is, it's your money, Gates money,Sultan of Brunei, money. Each can do with it as they please.

      The Sultan attends many charity events and yes he contributes. In case you didn't know he actually donated to Katrina relief as well as Tsunami relief. Is he a great guy, of course not and neither is George Bush.

      But back to the topic, this is pretty cool. It will be a big success.
      • 8 Years Ago
      Dear Alex,
      Looking at your pathetic accusations of the UAE's revenue source, I can atleast say that we are not harming any other nations or causing conflict. The US has for many many years drained the middle-east resources by provoking unnecessary wars and political unstability.
      In addition to funding the number one cause for the Middle-East crisis, ISRAEL.
      I am proud to be of such a nation that has worked in sustaining a peaceful and productive environment amongst multi-culturals and multi-nationals.
      This has paid off in vast economic growth and investments of which one is this Ferrari Theme park.
      • 8 Years Ago
      Wow this is a huge risk, not only money but an awesome company reputation
      • 8 Years Ago
      Alex, I don't understand the point that you are attempting to make. A country whose development is based on the export of commoditities will eventually seek to diversify its economy so as to avoid boom-bust cycles that are triggered by global economic shocks and poor financial planning. BTW, fanciful internet blogs and biased web-sites are not the best avenues to conduct research.
      • 7 Years Ago
      Dear Dean, My sister in-law to be will be leaving on friday the 08.02.2008 to work as a PA for your Ferrari team at the amusement park. I was wondering should you require more staff, could you please contact me as my Fiance' and myself would feel privaledge to work with such a immaculant company! With Kind regards, Ms. Melanie Veale. My contact number in S.A is as follows: 082 587 6267
      • 8 Years Ago
      Yeah, but let's see them maintain those high standards once the oil is all sucked up.
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