Electric Sea Racing Limited (E1 Series) and the Public Investment Fund (PIF) announced partnership to create the first championship de electric boats of the world. The action represents a significant step in the long-term development of the tournament, which is scheduled to take place in early 2023.

The parties made the announcement on the same day as the launch of the new design of the RaceBird electric speedboat, on the occasion of World Oceans Day, celebrated last June 8th. Check the vehicle restyle below:

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New design of the RaceBird electric speedboat. Image: E1/Disclosure

The E1 is, in a practical way, the "sea version" of the Formula E and Extreme E. The world championship of boats should take place in Saudi Arabia, according to an official press release, but the information has not yet been confirmed. Anyway, creating a tournament for electric motor boats is part of PIF's investment in the organization announced earlier this year, which focuses on 13 key strategic sectors, including sports, entertainment and renewable energy.

This includes, from 2021 to 2025, major investments in renewable energy companies such as ACWA Power and the Sudair Solar Energy project, as well as in the development of electric vehicles through the investment in Lucid Motors. “Getting PIF's support in this first phase of development underscores the importance of our mission to electrify maritime mobility,” said Alejandro Agag, co-founder and president of E1.

Racebird wants to be the best electric speedboat

RaceBird has a completely new design and was co-created by E1 partners Sophi Horne (founder of SeaBird Technologies) and Brunello Acampora (founder and CEO of Victory Marine), EXNUMX partners, after an extensive validation process. According to them, the vessel is "inspired by nature and birds flying low over water".

“With the new RaceBird vessel design you see today, we hope to accelerate changes in the maritime industry and provide sustainable solutions for future leisure craft. The new electric speedboat that Sophi and Brunello designed looks like a spaceship. I've compared electric racing cars with Star Wars podracers before, but RaceBird looks even more futuristic,” jokes Agag. "In collaboration with PIF, I look forward to ushering in a new era in powerboat racing."

New design of the RaceBird electric speedboat. Image: E1/Disclosure
RaceBird electric speedboat undergoes restyling. Image: E1/Disclosure

RaceBird features an outboard motor, closed safety hood and hydrofoil technology. In fact, with the innovative hydrofoil technology, the electric motorboat is able to rise far above the water surface, allowing for minimal drag and maximum energy efficiency.

And this detail was thought out precisely in the competitive aspect. Being lifted above the waves not only improves the powerboat's performance, but also promotes a tight and competitive race with a reduced treadmill when following an opponent.

“They managed to develop an innovative boat with an attractive design and based on practical solutions ready to compete. We will also soon announce our powertrain and electronics partners; we are on schedule to enter the water soon,” said Rodi Basso, co-founder and CEO of E1.

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RaceBird is specially designed for regattas and is capable of speeds of up to 50 knots (93 km/h or 58 mph), with riders demonstrating their skills on tight and technical circuits located close to the coast in the heart of urban areas.

With the design now validated, RaceBird has entered the production phase with Victory Marine's expert engineers focusing efforts and resources in the coming months on manufacturing a complete fleet of competition-ready powerboats.

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