Electric Sea Racing Limited launches new electric raceboat series

The world’s first electric raceboat championship was launched today at the Monaco Yacht Club with plans for a global series on seas and lakes that will drive forward the electric revolution in the marine industry.

The UIM E1 World Championship is the brainchild of Spanish businessman Alejandro Agag, the Founder of Formula E and Extreme E; Rodi Basso, former Director of Motorsport at McLaren, and Dr. Raffaele Chiulli President of the Union Internationale Motonautique (UIM).

Agag says the time is right to bring the spectacular advances that have been made with electric power in motorsport to the marine environment. He hopes not only to establish a new sporting classic, but also to make a lasting contribution to improving the health of the seas and ocean.

“I’m delighted that we are today able to announce this unique step forward in marine-based sport,” he said. “We believe this series will engage not only the sporting public, and boating and tech enthusiasts around the world, but also ocean conservationists who care about the future of our planet.

“The earth’s lakes, rivers and oceans are under huge environmental pressure and the UIM E1 World Championship will lead the way in electrifying water mobility for future generations.

“Right now, the use of electric power on the water is still at an embryonic stage,” he added. “My ambition is for E1 to accelerate the adoption of electric boats, to demonstrate how exciting they can be and to promote electric solutions and clean water mobility to marine travel worldwide.”

While Agag will be Non-Executive Chairman of the new venture, Rodi Basso, an Italian former aerospace engineer who has worked with NASA, Ferrari and Red Bull Racing in Formula 1, and Magneti Marelli and McLaren Applied Technologies in the high-tech industry, will take the Chief Executive role.

Basso and Agag got together to brainstorm the new idea in London during lockdown. “The sea for me is something very important as an expression of nature and somewhere I always go to re-charge my batteries, so this project is the perfect way to celebrate that,” said Basso who is also a passionate sailor.

“During 20 years of competition in motor racing, I have always dreamt of using motorsport to demonstrate and gain visibility around a technology and then build solutions with it in other fields.

“With this championship we’re going to accelerate the take-up of electric technology in the marine industry by bringing the huge technological advances and expertise from motor racing. We’re going to produce a thrilling and exciting sporting spectacle that will appeal to millions of fans worldwide,” he added.

Basso says the series will develop on a tight timescale with an intense testing and build schedule for the new boats.

The UIM E1 World Championship features high-performance racing boats powered entirely by electric propulsion systems, racing on short courses at prestigious city-based locations around the world.

The futuristic RaceBird boats being developed for the series incorporate hydrofoil technology, will be driven by single pilots and will be capable of achieving speeds of up to 50 knots – 93 km/h or 58 mph.

The boats are being developed by SeaBird Technologies, a start-up based in the UK that will partner with other companies involved in high-performance water vessels to produce a super-fast and light, largely one-design race boat. Designed by Sophi Horne, the boats are going to look like nothing else on the water.

The plan is to attract up to 12 teams which will each purchase two boats. The pilots for the inaugural E1 World Championship are expected to come from a range of backgrounds with some from existing powerboating championships and others making a transition from road vehicle electric technology to the water.

Each E1 race weekend will comprise of testing and qualifying and then a series of knock-out races leading to a final which will produce one winner. An annual overall E1 world champion will be decided by cumulative scores throughout the season.

Success on the racecourse will depend not just on speed in varying conditions but on a pilot’s ability to preserve energy, with unlimited charging allowed for testing and qualifying each weekend, but a finite supply for the quarter-finals, semi-finals and final.

The new series has been exclusively licensed by the UIM, the international governing body of powerboating. Its President, Dr. Raffaele Chiulli, who is also President of GAISF the Global Association of all International Sport Federations, said the organisation enthusiastically supports a new event which aims to contribute to the preservation of the marine environment.

“As the IOC-recognised world governing body for all powerboating activities, we at UIM are excited to have this opportunity to support and foster the preservation of the marine environment and to establish and implement good practices towards a more sustainable future.

“The UIM is delighted to support scientific research and its dissemination, as this will support awareness-raising activities on the many environmental and climate specific challenges that the world faces today.

“The launch of this initiative signals the UIM’s ability to lead by example, and to take action to preserve a healthy marine environment, which is vital for the future of our planet. We’re proud to partner with Alejandro Agag, Rodi Basso and E1, and I’m confident that this initiative will accelerate sustainable mobility at global level.”