Ferrari World plan Valencia unsure

Negotiations to bring an Abu Dhabi-style Ferrari theme park to Valencia in Spain have reportedly broken down.

EFE news agency reports that the Valencian government was unable to receive a guarantee that the privately-backed 'Ferrari World' would not require state money either now or in the future.

"It's a good investment, a very interesting investment, but what we will not do is have it as a cost for the Valencian government or community," said regional vice president Jose Ciscar.

"We are uncompromising on what must be the basis of the negotiations, which is that it must not cost Valencia a single euro," he added.

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Leopold

Leopold Pleijsier founded F1-Fansite.com in 2001 and has followed Formula 1 since the early 1980s. He writes about daily F1 news, race weekends, drivers and the sport’s history.

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