Powerboat P1 makes late schedule change 02/03/2010 |
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The Croatian Grand Prix of the Sea has been axed from this year’s Powerboat P1 World Championship after organisers failed to meet funding targets.
The 2010 championship will now launch in Yalta, Ukraine in early May.
Rights holder Powerboat P1 Management Ltd was forced to make the late change to the schedule after local promoter AM Info Media was unable to meet a deadline to deliver the required level of funding to stage the event. AM Info Media had been awarded a three-year agreement last year by Powerboat P1 to stage the Croatia Grand Prix of the Sea in Split.
Powerboat P1 chief operating officer Robert Wicks said: “AM Info Media had good intentions but unfortunately have missed the deadline. A great deal of effort had gone into the planning for this event, but in the end we were left with no alternative but to remove Croatia from the calendar.
“The opportunity to open the season in the Ukraine on May 7 is one that we are very much looking forward to given the country’s impressive powerboating heritage and passion for Powerboat P1.
"Starting a couple of weeks later buys the teams a little more time to prepare for the season and fortunately we have a number of alternative venues eager to secure the rights to stage a replacement round. We will be making an announcement shortly about a further event to be added to the calendar.”
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