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 that we can break the news to you that our time in powerboating came to an abrupt end after over 10 years in the sport,” Lindholm wrote. “The dream was to be able to get to F2 and somehow we managed to do just that!! … At least we can be proud of what we achieved in F4.”
Proud is certainly the right word.
Lindholm’s career is decorated with accolades that cement his status as one of Finland’s finest powerboat racers of his generation:
F4 World Championship: Gold (2020), Silver (2021), Bronze (2019)
F4 Finnish Championship: Gold (2019, 2021)
F4 Nordic Championship: Gold (2019)
F4s (F1H2O) 2018: 1st in Sharjah, 2nd in Xiangyang, 3rd in Abu Dhabi
Finnish NA “Driver of the Year”: 2020
The UIM F2 Dream
His ultimate ambition was always F2, a goal he achieved with LiWe Racing He openly admitted that the results were not always what he had hoped for, although as recently as earlier this year, Lindholm secured fifth place at the UIM F2 European Championship in Kaunas.
Lindholm continued:
“I would like to thank everyone who has been helping us over the years and especially all the sponsors we’ve had. Would not have been possible without all of you. A thank you goes to all our followers as well🙏🏻 Hopefully we’ll be able to come back and if someone is in need of a driver, here I am🤣🙋🏻♂️”
It was the message of a racer leaving the door ajar for a possible return.
John Moore’s involvement in powerboat racing began in 1981 when he competed in his first offshore powerboat race. After a career as a Financial Futures broker in the City of London, specialising in UK interest rate markets, he became actively involved in event organisation and powerboat racing journalism.
He served as Event Director for the Cowes–Torquay–Cowes races between 2010 and 2013. In 2016, he launched Powerboat Racing World, a digital platform providing global powerboat racing news and insights. The following year, he co-founded UKOPRA, helping to rejuvenate offshore racing in the United Kingdom. He sold Powerboat Racing World in late 2021 and remained actively involved with UKOPRA until 2025.
In 2025, he established Powerboat News, returning to independent journalism with a focus on neutral and comprehensive coverage of the sport.