VALENCIA (CBSLA.com) — Six Flags Magic Mountain Thursday unveiled plans for a new world-record-breaking hybrid coaster that will replace the now closed Colossus.

Twisted Colossus, the next generation of the beloved roller coaster, will combine the iconic wooden structure with 5,000 feet of state-of-the-art track.

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“Twisted Colossus will feature numerous exciting components including a ‘Top Gun’ element, the western hemisphere’s first ‘High Five’ element, and a Zero G Roll,” said park president Bonnie Rabjohn. “It is definitely a twist on a traditional wooden coaster experience”

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The four-minute coaster will be the focal point of a newly themed area called Back Alley.

The original Colossus wooden coaster opened on June 29, 1978 and offered its farewell run on August 17, 2014.

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Construction of the new ride is already underway and is scheduled to open in summer 2015, Six Flags said.