In November 2004, the management arrangement with Six Flags was terminated, with the name change to Parque Warner Madrid occurring at the start of 2006.

Other minor shareholders were Fadesa (15%), El Corte Inglés (5%), NH Hotels (5%), Six Flags (5%) and construction companies Dragados, ACS, Ferrovial, Necso and FCC (each with 2%).

This season saw the premiere of two new shows, Police Academy 2 and Batman Begins, the latter based on the latest movie from Warner Brothers and DC Comics.

[6] In February 2007, Fadesa announced an agreement that would allow Parques Reunidos to purchase the park within a two-three year span.

[9] The €8.5 million park spans 30,000 square metres (320,000 sq ft) and features two wave pools, a lazy river and two water play areas.

Another prominent attraction is La Venganza del Enigma, a structure 100 meters high that drops visitors at 80 km/h.