Electric powerboat race coup for Kingdom

The partnership is aligned with Saudi Arabia’s goals to invest in 13 key strategic sectors, including sports and entertainment. (Supplied)
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Updated 10 June 2021
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Electric powerboat race coup for Kingdom

  • Saudi investment fund teams up with E1 Series to launch inaugural world championships

JEDDAH: First came Formula E at Diriyah, bringing grand prix thrills to the Kingdom without the gasoline. Then came Extreme E, taking racers off the track and into the Saudi desert.

Now electric engines are taking to the water — and Saudi Arabia is leading the revolution. The Public Investment Fund (PIF), the Kingdom’s sovereign wealth fund, and electric powerboat series E1 have teamedup to launch the first electric speedboat world championship.
The inaugural event is planned for 2023, with the Kingdom as one of the potential venues.
“This exciting investment in a new premier sport format aligns with our strategy to enable innovation globally and unlock new industries as well as build strategic partnerships with real value add to Saudi Arabia,” PIF governor Yasir Al-Rumayyan said.

The partnership was announced at a virtual event where E1 also launched the new electric RaceBird powerboat that will race in the championships. They can reach a speed of 110 kph and have a battery time of up to 20 minutes.

“With the new design of the RaceBird powerboat that you see today, we hope to accelerate change in the marine industry and provide sustainable solutions for future leisure craft,” E1 boss Alejandro Agag said.

Local marine experts are backing that prediction. Danni Rosa, founder and chief executive of Blue Limits Marine, told Arab News: “The impact from such partnerships will be huge. This could change the public’s perspective and break away from the traditional gasoline mentality.

“With PIF’s backing and the location of the race in the Kingdom, you can be sure that many changes to the industry will take place, and many manufacturers will convert their production lines to accommodate electric boat manufacturing.

“PIF is sending a clear message that such races are achievable and can be enjoyable, and the conversion to electric powerboats will contribute to reducing pollution and hazardous environmental impacts, protecting the marine ecosystem.”


China, North Korea make winning starts at Women’s Asian Cup

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China, North Korea make winning starts at Women’s Asian Cup

  • China beat South Korea in Mumbai four years ago to win their ninth Asian Cup and are the most successful team in the tournament’s history

SYDNEY: China kicked off their Women’s Asian Cup title defense with a battling 2-0 win over resilient tournament debutants Bangladesh in Group B on Tuesday, courtesy of Wang Shuang and Zhang Rui hitting the target.

But it was hard work in front of a boisterous crowd at Western Sydney Stadium against a young team ranked almost 100 places below them.

Earlier, Myong Yu Jong bagged a hat trick as three-time champions North Korea marked their first game at the continental competition since 2010 with a slick 3-0 win over Uzbekistan in the same group.

China beat South Korea in Mumbai four years ago to win their ninth Asian Cup and are the most successful team in the tournament’s history.

But they have struggled in recent times and are bidding to recreate their glory days under Australian coach Ante Milicic.

It was tougher than expected against a Bangladesh team that showed no fear and would have taken the lead but for a fine fingertip save by Chen Chen from Ritu Porna Chakma’s dipping shot.

Playing at a fast and furious pace, China created plenty of opportunities but had to wait until just before halftime to open their account when Wang’s long-range shot curled in.

Zhang added a second minutes later from outside the box to stun Bangladesh.

But the underdogs, coached by England’s Peter Butler, refused to lie down and admirably regrouped to prevent any more goals despite China’s constant threat.

North Korea were dominant against the Uzbeks, striking early to pile on the pressure, and there was no way back for a side that lost their starting goalkeeper to a neck injury after 10 minutes.

Midfielder Myong clinically finished on the turn in the sixth minute after a goalmouth scramble in front of a smattering of North Korean fans.

She doubled the lead with a penalty after Chae Un Yong was shoved over and made it 3-0 with another spot kick on 41 minutes, again planting the ball into the left-hand corner.

The second half was played almost exclusively in the Uzbek half, but they limited the damage by defending well.

One of Asia’s most successful women’s sides, North Korea are looking to replicate their titles from 2001, 2003 and 2008.

Their momentum from the 2000s was checked when they were banned from the 2015 World Cup qualifying for failed doping tests and they did not play any games from 2019 to 2023 due to the COVID-19 pandemic.