IHRA Launches Pro Watercraft Series with $250k Prize Fund

The International Hot Rod Association has announced the launch of the IHRA Pro Watercraft Racing Series, a professional personal watercraft championship featuring $250,000 in prize money and both stand up and runabout competition when it debuts in 2026.

The series represents IHRA’s latest expansion in powerboat racing after the organisation acquired American F1 tunnel boat racing earlier this month with a $500,000 prize fund commitment.

Competition will be integrated into select IHRA Offshore Powerboat Racing Series events throughout the season.

Series Leadership

Thomas Covington will oversee overall strategy and commercial operations for the new championship. Dustin Farthing, who brings extensive racing experience to the role, has been appointed Managing Director.

Farthing said:

This series is being built by racers, for racers. We are focused on raising the standard across the board, from competition format and event execution to prize money and visibility. This is about giving athletes a series they can be proud to compete in and helping push the sport forward.

Strategic Integration

The decision to integrate personal watercraft racing with offshore events aims to create what IHRA describes as action-packed race weekends offering a premium on-water experience for spectators, racers, and commercial partners.

Covington emphasised the timing of the launch:

Personal watercraft racing has reached a point where it is ready for something new. Racers are looking for a clear vision and a professional platform they can believe in. By aligning this series with major offshore events, increasing exposure, and putting real prize money on the line, we are creating a foundation that can elevate the sport and open the door for future expansion.

IHRA Commitment

Darryl Cuttell, owner of IHRA, confirmed the organisation’s long-term investment in the discipline:

IHRA has always been committed to growing motorsports and creating new opportunities for racers. Personal watercraft racing has tremendous potential, and this series represents our commitment to investing in the sport, building a stronger platform, and delivering first-class competition and fan experiences.

The Fairfield, Ohio-based sanctioning body stated that planning and outreach efforts are already underway with racers, promoters, sponsors, and international stakeholders. Specific event details and the complete 2026 schedule will be announced in the coming months.

The new series follows IHRA’s stated goal of unifying competitive powerboat racing across multiple disciplines under centralised governance, with the organisation having completed three major powerboat acquisitions in recent months.