E1 Series financing: who’s backing the electric powerboat championship?
The E1 World Championship, the all-electric powerboat series, is seeking €20 million to expand its fleet, grow its global race calendar, and increase media coverage. Reuters reported in July 2025 that the fundraising round was ongoing at that time, rather than closed. Key Backers The series is supported by Saudi Arabia’s Public Investment Fund (PIF) […]
Lindholm Bids Farewell to UIM F2
After more than a decade on the water, Alexander Lindholm has decided to step away from competitive powerboat racing. The Finnish driver, best known for representing LiWe Racing on the international stage, confirmed in a Facebook post that the team has sold their boat and have no immediate plans to return. “It’s with some sadness […]
Wild Crash at St. Pete Grand Prix: El Bandido Boat Flips, Crew Safe
El Bandido Yankee Tequila had a dramatic accident during the Mod V race at the Monster Energy St. Petersburg Powerboat Grand Prix today. Both crew members were okay. John MooreJohn Moore has a longstanding involvement in event organisation and powerboat racing journalism. He organised the historic Cowes–Torquay–Cowes races between 2010 and 2013 and was actively […]