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Texas Giant image.

The Texas Giant rollercoaster at Six Flags Over Texas has closed down to undergo an extensive $10 million renovation that will see it reopen in 2011.

Six Flags is aiming to relaunch the ride in time for the park's 50th anniversary season. The company has promised that another major attraction will open alongside the revamped wooden coaster, which will sit out the entire 2010 season.

The Texas Giant opened in 1990 and was the tallest and fastest wooden rollercoaster in the world at the time. Six Flags has said that it hopes to make the coaster "smoother and faster" when it reopens, following frequent complaints that it offers an violent, painful ride. It is the second time the ride has been renovated, following a previous renovation nearly ten years ago. The cost of the latest renovation is greater than the original $5.5 million construction cost, even when adjusted for inflation.

Six Flags has faced a challenging year following its bankruptcy filing in June. It is struggling to restructure $2.4 billion in debt, however it has continued to invest in new attractions and updates to existing rides through the bankruptcy period.

You can keep up-to-date with the latest confirmed and rumored ride "rehab" periods using Theme Park Tourist's "Rehab Watch".

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