Knott's will now extend passes into 2022 for each day the park remains closed.
2021 will see the opening of a brand new Legoland park as well as the world's fastest multi-launch coaster.
The new coaster is a relocated model designed by Anton Schwarzkopf.
Indiana Beach was saved from closure by Gene Staples, a Chicago businessman who bought the 94-year-old amusement park.
As fans of the 94-year-old amusement park hoped for a potential buyer, Fun Spot America itself fueled rumors that it was looking at making an acquisition.