UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 4

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.

MacKenzie, Larry L.

C/o Cedar Fair, L.P.

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Cedar Fair, L.P. (FUN)

3/7/2002

( ) Director ( ) 10% Owner

(X) Officer (give title below) ( ) Other (specify below)

VP & General Manager - Valleyfair

(X) Form filed by One Reporting Person

( ) Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security	2. Trans-action Date (Month/Day/Year)	3. Trans-action Code		4. Securities Acquired (A) or Disposed of (D)			5. Amount of Securities Beneficially Owned at End of Month	6. Owner-ship Form: Direct (D) or Indirect (I)	7. Nature of Indirect Beneficial Ownership
		Code	V	Amount	A/D	Price

FORM 4 (continued)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/ Year)	4. Transaction Code		5. Number of Derivative Securities Acquired (A) or Disposed of (D)		6. Date Exercisable and Expiration Date (Month/Day/Year)
			4. Transaction Code				Date Exer-cisable	Expira-tion Date
			Code	V	(A)	(D)	Date Exer-cisable	Expira-tion Date
Call options to purchase limited partnership units	$24.14	3/7/2002	P		10,000		(1)	3/7/12

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

(continued)

7. Title and Amount of Underlying Securities		8. Price of Derivative Security	9. Number of Derivative Securities Beneficially Owned at End of Month	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)	11. Nature of Indirect Beneficial Ownership
Title	Amount or Number of Shares	8. Price of Derivative Security			11. Nature of Indirect Beneficial Ownership
Units of limited partner interest	10,000		10,000	D

Explanation of Responses:

Options vest at a rate of 20% per year on each anniversary date, beginning March 7, 2003.

**SIGNATURE OF REPORTING PERSON

/s/ Larry L. MacKenzie

DATE

8/30/2002

**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

MACKENZIE LARRY 4