Valencia government scuppers Ferrari World plans 16 November, 2012 Nov.16 (GMM) Negotiations to develop an Abu Dhabi-style Ferrari World theme park in 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 at a cost [to] 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. Subbed by AJN. Related NewsMattiacci ‘confirms’ 2015 lineup yet againFerrari: We have missed out on a great opportunityAlonso: Fourth on the grid is a good surpriseFerrari: We are reasonably pleased with the outcomePirelli: We expect a dry raceMisunderstanding as Allison replaces Fry at press conferenceFerrari: Mixed fortunes for Scuderia FerrariAlonso reveals intention to extend deal with FerrariFerrari: Spa and Monza will be tough weekendsAlonso: Hopefully our new people can find extra horsepower!