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An electric powerboat is tested in the sea off Monaco. Hong Kong is the only stop in East Asia for the inaugural season of the all-electric E1 raceboat championship. Photo: E1

Hong Kong to host the finale of world’s first all-electric race boat E1 World Championship

  • Three races of the tournament will be held from 2024 to 2026 in Hong Kong in Victoria Harbour
  • Race is part of government’s line-up of major events aimed at bringing tourists back to the city following the Covid-19 pandemic
Wynna Wong

Hong Kong will host the grand finale of the world’s first all-electric race-boat championship, adding to the government’s line-up of major events aimed at bringing tourists back to the city following the Covid-19 pandemic.

The E1 World Championship, sanctioned by the Monaco-based powerboating global governing body Union Internationale Motonautique (UIM), is set to hold three tournament races from 2024 to 2026 in Hong Kong’s Victoria Harbour.

The event makes the city the only stop in East Asia to host the inaugural season of the competition.

Stops in the E1 powerboat championship will include Monaco. Hong Kong authorities have earmarked HK$250 million for major events in the city in a bid to revitalise tourism post-pandemic. Photo: E1

Alejandro Agag, chairman and co-founder of E1, on Thursday said Hong Kong was the “perfect” venue for the grand finale.

“We are confident that Hong Kong’s superb facilities and international connectivity will enhance the overall experience for both the racing teams and spectators, lay a solid foundation and build a legacy for E1 as a world-class sports event,” he said.

According to the Tourism Board, Hong Kong will be the final leg for 10 teams of pilots on November 9 and 10 next year, following six stops in the Middle East and Europe: Jeddah, Saudi Arabia; Venice, Italy; Puerto Banus, Spain; Geneva, Switzerland; Monaco; and Rotterdam, the Netherlands.

Secretary for Culture, Sports and Tourism Kevin Yeung Yun-hung said the selection of Hong Kong highlighted the city’s “reputation as a world-renowned events capital and one of the best destinations for tourists around the world”.

A Tourism Board spokesman added the competition would bring exposure and raise global awareness on sustainability “across an exciting and competitive on-water racing platform based on electric technologies”.

Hong Kong would “capitalise on this wonderful opportunity” and “maximise our global promotion to attract visitors to experience this one-of-a-kind championship”, said Pang Yiu-kai, chairman of the Tourism Board.

The event is partially funded by the Hong Kong government.

In his latest budget released in February, Financial Secretary Paul Chan Mo-po earmarked HK$250 million (US$32 million) for mega events, as well as HK$300 million for international meetings, incentive travels, conventions and exhibitions offerings in the city in a bid to revitalise tourism post-pandemic.

Besides the powerboat competition, the city will host the Hong Kong marathon in January, and a football match between a Hong Kong team and Inter Miami CF in February which will star eight-time Ballon d’Or winner Lionel Messi.

Established in 1922, UIM is fully recognised by the International Olympic Committee as the governing body for powerboating.

The organisation said the E1 series was created to promote environmentally sustainable watercraft, and would feature hydrofoil boats – vessels equipped with wings or foils that lift the hull above the water, reducing drag and increasing speed.

These vessels are powered exclusively by batteries and electric motors that can go up to 50 knots, or 92.6km/h (57mph).

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