So this a case of serious unfortunate irony, the year Dynamic Attractions/Ferrari World finally get Mission Farrari open...the parent company of Dynamic Attractions files for creditor protection.
Screamscape was the one to post the news, and it's a fairly large write-up considering there's also a massive affidavit of the whole situation.
Attraction Supplier News
But the cliff notes are as follows...
- Dynamic Attractions would sign all projects as "Lump Sum Projects", but that practice/payment method has caused quite a bit of loss from the delays with Mission Ferrari, and their multiple projects with Genting SkyWorld. (The ones mentioned being the former Sons of Anarchy ride (now Mad Ramp Peak) and the former Alien vs Predator ride.)
- Cost of Mission Ferrari: $28.3 million. What DA is getting due to their lump sum contract? $18.2 million. (Ferrari World has currently payed $17.2 million so far.)
- Cost of the former Alien vs Predator special effects coaster: $26.4 million. What DA is getting?: $34 million (Park has paid $24 million). The kicker? DA needs to spend an estimated $16 million to finish the ride "due to the complexity of the ride system and the design changes that would be required to make it operational". Also, DA is worried the park will actually cancel the project and demand the installed components to be removed.
- Cost of Mad Ramp Peak: $30.7 million, with an estimated $1.5 million to finish it. (Apparently, it's 95% finished). What DA is getting?: $24 million (Park has paid $23 million.)
Due to cash flow and whatnot, Dynamic Attractions has been struggling to finish their attractions, and going forward they no longer wish to manufacture or build any more Special Effects Coasters, however they will
"provide engineering and design support to partners or counter parties who would take the risk on the construction and implementation of any future special effects roller coaster projects.” That sounds a lot like "if anyone is crazy enough to attempt one of these..."
Other than that, a lot of money issues, and other parties not wanting to provide funding until issues are resolved.