If you’re an enormous luxury car aficionado you might already know about the Ferrari World theme park in Abu Dhabi, which opened in November 2010. That park must be doing pretty well, because the auto brand just announced their plans to create a second park – this time around in Spain well.

PortAventura Entertainment S.A.U. (a subsidiary of Investindustrial) just signed an agreement with the luxury car brand for Ferrari Land, a theme park dedicated to your best prancing horse. The build site is throughout the PortAventura theme and resort park just away from Barcelona – which already attracts four million visitors a year, half of whom are derived from outside of Spain – and will stretch across 75,000 square meters of land. Ferrari promises that the park will have many different attractions for car fans of all ages, including “”Europe’s highest and fastest vertical accelerator.

ferrari land amusement park

After being exhausted after a long day at Ferrari Land, you can crash for the night in the first Ferrari-themed luxury five-star hotel that is going to be built inside PortAventura. The hotel will have 250restaurants and rooms, and a driving simulator.

The overall project is expected to cost around €100 million (which is USD $167 million) and will be opening in 2016 – which actually isn’t that long considering all the work that can be going into this course of action.