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Click on the above picture for more images of the F1 themepark

Blaming the global economic slowdown, the builders of the first F1-X theme park in Dubai are saying their project is delayed until at least next year. The park was to become part of the "Dubailand" project that included the Dubai Autodrome, luxury condominiums and a business park (think of it like a Disney World for the Persian Gulf). However, banks and other financial institutions have pulled funding, putting the brakes on the half-built project. Union Properties, the company tasked with this venture, insists the project will eventually be completed... although it will obviously miss its planned opening originally set for later this year.

Gallery: F1-X Theme Park Dubai


[Source: The National]

Dubai F1 themepark reportedly delayed until "at least" next year originally appeared on Autoblog on Sun, 01 Mar 2009 15:03:00 EST. Please see our terms for use of feeds.

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Click on the image to view more in our gallery

Racing is inherent to Formula One, but this kind of race is something different altogether. While Ferrari prepares its theme park in Abu Dhabi, in neighboring emirate Dubai they're gearing up for the grand opening of the first F1-X theme park. As we previously reported, Dubai-based development company Union Properties secured the rights from Bernie Ecclestone to construct a series of F1 theme parks around the world, and the first, in its home base, is preparing to open its doors around the same time as Ferrari World.

Recently revealed to be called F1-X, the Dubai park will be one of five parts of the MotorCity development - which will also include the Dubai Autodrome, a business park and two luxury condo complexes - forming one pavilion of Dubailand, a sort of Disneyland for the Persian Gulf. While we wait with eager anticipation to see what attractions will be featured at F1-X Dubai, we've got a few renderings in the gallery below and a video from the launch event, along with the press release, after the jump.

Gallery: F1-X Theme Park Dubai


[Source: F1-X via World Car Fans]

Continue reading Dubai gears up for F1-X theme park

Dubai gears up for F1-X theme park originally appeared on Autoblog on Sun, 17 Feb 2008 17:32:00 EST. Please see our terms for use of feeds.

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