It's…Ferrariland! Forget Mickey, Goofy, and Snow White. Ferrari has teamed up with ALDAR Properties to develop a theme park for Tifosi, scheduled to open in 2008 in (drum roll) Abu Dhabi. A release says the facility "will provide entertainment for the whole family…" Plans are for a racetrack, natch, rides and attractions, a visual history of Ferrari, and the chance to participate in Ferrari motoring activities and to experience the Ferrari brand also through virtual simulations. Of course, there'll be hotels, retail, residential, and hospitality facilities, "embracing the design ethics of the Ferrari brand."
GM chairman and CEO Rick Wagoner plans to cut four assembly plants, two engine plants, and two stamping plants by 2008-plus 30,000 jobs-in an effort to slice $7 billion per year from the budget. Plants to…