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As the passion for motorsport grows ever stronger in the United Arab Emirates, Dubai is preparing for the launch of F1-X, the world’s first official Formula One theme park, which is due to open later this year.

The 70-acre park will be home to more than 20 major rides, exhibits and attractions, including three bespoke roller-coasters, all modeled on Formula One machinery. F1-X bills itself as Formula One ‘recreated and remixed’...