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Gloucestershire Business News

Cheltenham firm wins race to stage Formula 1 Powerboat World Championship

The British round of Formula 1 Powerboat Racing's World Championship this summer will be staged by a Cheltenham based company.

The 2018 UIM F1H2O World Championship Grand Prix of London takes place in the iconic Royal Victoria Dock on June 15-17.

It's 33 years since the world's top drivers and teams have raced in the capital and BRM Europe Ltd has been instrumental in securing their return.

The event, which is organised by Championship Promoter H2O Racing in close collaboration with Chinese Sports Promotion company Tian Rong Sports, will give spectators the opportunity to watch 20 of the world's best drivers from 12 countries compete at over 140 mph in single-seater catamarans in one of the most spectacular sports on water.

BRM Europe Ltd, based in Little Shurdington, is providing the infrastructure for the event which will be based at the ExCeL Centre on the North Quay of the Royal Victoria Dock.

Dene Stallard, managing director of BRM Europe Ltd, said: "We are delighted to be working with our partners to stage the British round of the World Championship.

"As a former F1 driver, I'm extremely excited to see the return of top class powerboat racing to the capital. The F1H2O series is truly spectacular to watch.

"I hope the event proves to be a catalyst in the return of powerboat racing to other inshore locations across the country. BRM Europe Ltd are working hard to achieve this."

Nicolo di San Germano, the president of H2O Racing, the promoter of the UIM F1H2O World Championship, said: "The UK has a longstanding association and love affair with powerboat racing, so for us it was a natural decision to add London to the exclusive UIM F1H2O World Championship calendar.

"London's track record of not only hosting internationally renowned sporting events, but also its unrivalled success creating legacies for these sports was a major attraction.

"We believe the UIM F1H2O World Championship Grand Prix of London will help to further expand the World Championship's global fan base, and we're excited to give London's spectators a unique and thrilling experience."

The race will be broadcast live around the world and will be shown on BT Sport in the UK.

Mr Li Haojie, UIM F1 committee member and chairman of Tian Rong Sports, the local promoter of the Grand Prix of London, said: "As a Chinese company, we are honoured and delighted to promote the UIM F1H20 World Championship Grand Prix of London for the first time.

"We believe that this event which echoes Chinas 'Belt and Road' initiative, will constitute a highly positive effect on London's international status, as well as East London's development."

The race also forms part of London Tech Week 2018, Europe's largest festival of technology and innovation.

Pictured: Marit Stromoy and Philippe Chiappe with the CTIC F1 China Powerboat Team boat. Courtesy of Chris Lee/Getty Images.

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