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The CEO thinks that a $100-million annual capital investment is all the company can afford, and that he wants to add something new to every park each year. That's why, Shapiro says, the days of Six Flags mega-coasters may be over. "If I put in a $25-million coaster at one park, that leaves me with only $75 million for the rest." He pegged the new Terminator Salvation coaster at Six Flags Magic Mountain at $10 million and said that the Bizarro coaster makeover at Six Flags New England cost $7 million. Shapiro pointed to the previous management's investment of $50 million in Kingda Ka at Six Flags Great Adventure as a prime example of how it racked up insurmountable debt. He also said that while Kings Island's Diamondback and Cedar Point's Maverick are great coasters (I'll second that!), he doubts whether the parks will be able to realize a reasonable return on their investments. Shapiro admitted that, while the parks have improved under his watch, "We're not where we need to be." He said that the previous management deferred much-needed maintenance and infrastructure improvements in favor of flashy coasters. Shapiro wishes he could commit $200 million to capital improvements, but that given his budget constraints, bringing the parks up to snuff will take time.
I hope they don't have to close it. My friends told me they might close the park.
this has happened before. It happened a few years before the "war on lines" campaign in '99. (when medusa was built). I think that the same thing will happen again with a huge ad campaign.
For those who haven't noticed:-Great adv. is the ONLY profiting park under six flags name this year.
-they've been beyond, well beyond, maximum capacity for the past 3 weeks consecutively.
-Bizzaro(Medusa) is back on it's feet again and louder than ever.-Bizarro is still the most remote ride in the park.
-Flash passes have gone up $20 this year
-They should be getting a new ride soon (2010 or '11)
-Rolling Thunder will be torn down in two years or less
-Bizarro might be getting a buddy soon too.