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Saudi Arabia to Organize with E1 World Racing Championship for Electric-Powered Boats

Governor of the Public Investment Fund Yasir Al-Rumayyan. (Asharq Al-Awsat)
Governor of the Public Investment Fund Yasir Al-Rumayyan. (Asharq Al-Awsat)
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Saudi Arabia to Organize with E1 World Racing Championship for Electric-Powered Boats

Governor of the Public Investment Fund Yasir Al-Rumayyan. (Asharq Al-Awsat)
Governor of the Public Investment Fund Yasir Al-Rumayyan. (Asharq Al-Awsat)

The Saudi Public Investment Fund (PIF) announced on Monday the signing of an agreement with Electric Sea Racing Limited (E1 Series) to create the world’s first electric powerboat racing championship, reported the Saudi Press Agency.

The partnership forms a main step in creating the championship and speeding up preparations for the debut season scheduled to take place in early 2023, where Saudi Arabia is among candidate locations to host the first edition of the race.

The partnership was announced during a virtual inauguration ceremony in Riyadh that saw the participation of the E1 Series senior officials, where the ceremony also witnessed announcing the new designs of the electric powerboats RaceBirds.

The PIF is a major contributor to the global economy and a main driver for efforts of the digital transformation for Saudi Arabia, where this investment accords with the PIF’s 2021-2025 strategy that focuses on 13 strategic sectors, including entertainment, tourism and sports, service facilities and renewable energy.

The PIF’s investments in future industries are seen in several companies and projects, such as ACWA Power Company, Sudair Project in the renewable energy industry, and Lucid Motors in the electric vehicles industry.

Governor of the Public Investment Fund Yasir Al-Rumayyan said: “We are proud to establish this unique partnership in a sport with a new concept, which comes within the PIF’s strategy to enable innovation globally, open new horizons for future industries, and build up strategic economic partnerships. We believe that our support for new technologies in the sports sector will also contribute to the development of various strategic sectors locally and globally.”

“Our partnership with E1 Series will contribute to the efforts of developing the sustainable technology, which will boost the status of Saudi Arabia in the future industries and enable it to provide more development opportunities that are important for the national economy,” he added.

Co-Founder and Chairman of E1 Series Alejandro Agag expressed pride in the partnership with the PIF in this vital project, noting that the support of the fund in this development stage stresses the importance of the upcoming championship and embodies ambition to make a revolution in the industry of marine mobility.

He also said that the new design of the RaceBird boat will contribute to accelerate the pace of changing the industry and providing sustainable solutions for entertainment and tourist vessels in the future, expressing hope to work with the PIF to move forwards towards a new era of fast electric powerboats.

Co-Founder and CEO of E1 Series Rodi Basso expressed happiness for working side by side with the PIF to shape the future of powerboats, noting that establishing a strong partnership with a proper partner like the PIF provides a solid foundation that can open horizons for creating a new sport.

He said that the RaceBird powerboat has formed a unique challenge for the engineering team responsible for its development before they managed to include several practical solutions that can qualify it strongly to participate in upcoming races.

The PIF has contributed to developing and stimulating the entertainment, tourism and sports sector in Saudi Arabia as part of Saudi Vision 2030 through supporting high-level sports events, such as supporting the heavyweight world boxing championship and Diriyah E-prix.

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Sports

Solanke Says Tottenham's Madrid Meltdown One in a Million

Tottenham Hotspur's Dominic Solanke celebrates scoring the 1-0 goal during the English Premier League soccer match of Tottenham Hotspur against Crystal Palace, in London, Britain, 05 March 2026. EPA/DANIEL HAMBURY
Tottenham Hotspur's Dominic Solanke celebrates scoring the 1-0 goal during the English Premier League soccer match of Tottenham Hotspur against Crystal Palace, in London, Britain, 05 March 2026. EPA/DANIEL HAMBURY
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Solanke Says Tottenham's Madrid Meltdown One in a Million

Tottenham Hotspur's Dominic Solanke celebrates scoring the 1-0 goal during the English Premier League soccer match of Tottenham Hotspur against Crystal Palace, in London, Britain, 05 March 2026. EPA/DANIEL HAMBURY
Tottenham Hotspur's Dominic Solanke celebrates scoring the 1-0 goal during the English Premier League soccer match of Tottenham Hotspur against Crystal Palace, in London, Britain, 05 March 2026. EPA/DANIEL HAMBURY

Tottenham Hotspur's meltdown against Atletico Madrid in Tuesday's Champions League last-16 clash was a one-in-a-million occurrence, according to forward Dominic Solanke.

Igor Tudor's side conceded three times in the opening 15 minutes, two of the goals following calamitous errors by goalkeeper Antonin Kinsky who was immediately substituted.

A slip by Micky van de Ven also led to Atletico's second goal as Tottenham imploded before staging something of a comeback to eventually lose 5-2.

Solanke's goal at least gave Tottenham a glimmer of hope before next week's second leg in London, but he said it had been hard to recover from such a ⁠dreadful start.

"Obviously the ⁠first 20 minutes was difficult, very difficult circumstances which are one in a million," Solanke told Sky Sports on Thursday. "You never prepare for that. You prepare all week to go into a game, have a game plan and then stuff like that can happen, which is rare.

"That gave us a bit of ⁠mountain to climb, but I think overall, we try to take some positives. We know we've still got another game,” Reuters quoted him as saying.

Kinsky's slip for the first goal and then stray pass for the third saw him hauled off by Tudor, who has found himself under an intense spotlight after losing all four games since being named as interim manager after the sacking of Thomas Frank.

He will still be in charge for Sunday's away trip to Solanke's old club Liverpool when Tottenham will be desperate to avoid a ⁠seventh successive ⁠defeat in all competitions -- a run that has left them hovering just above the Premier League relegation zone.

"We've been so good in the Champions League this year but we know we haven't been anywhere near good enough in the league," Solanke said. "It's hard to put a finger on it, just changing one thing. I think we need to be better in every department. We're trying to stay positive and want to change it around.

"We need to be brave, we need to be strong and have full belief."

Tottenham are 16th in the Premier League table, one point above West Ham United and Nottingham Forest.

Sports

Bayern Faces Tough Leverkusen Test in Bundesliga after 6-1 Win and Injury Concerns

Bayern Munich's players celebrate at the end of the UEFA Champions League round of 16 1st leg soccer match between Atalanta BC and FC Bayern Munich at the Bergamo Stadium in Bergamo, Italy, 10 March 2026. EPA/MICHELE MARAVIGLIA
Bayern Munich's players celebrate at the end of the UEFA Champions League round of 16 1st leg soccer match between Atalanta BC and FC Bayern Munich at the Bergamo Stadium in Bergamo, Italy, 10 March 2026. EPA/MICHELE MARAVIGLIA
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Bayern Faces Tough Leverkusen Test in Bundesliga after 6-1 Win and Injury Concerns

Bayern Munich's players celebrate at the end of the UEFA Champions League round of 16 1st leg soccer match between Atalanta BC and FC Bayern Munich at the Bergamo Stadium in Bergamo, Italy, 10 March 2026. EPA/MICHELE MARAVIGLIA
Bayern Munich's players celebrate at the end of the UEFA Champions League round of 16 1st leg soccer match between Atalanta BC and FC Bayern Munich at the Bergamo Stadium in Bergamo, Italy, 10 March 2026. EPA/MICHELE MARAVIGLIA

Bayern Munich is heading to Bayern Leverkusen in the Bundesliga after contrasting Champions League games in midweek for the two clubs.

Bayern was on rampant form in a 6-1 win at Atalanta overshadowed by injuries in the first leg of their round of 16 matchup, while Leverkusen had to settle for a 1-1 draw against Premier League leader Arsenal which kept its hopes alive.

Bayern leads the Bundesliga by 11 points with nine games remaining, The Associated Press reported.

Key matchups There aren't many tricky away trips for Bayern in the Bundesliga these days, but Leverkusen is one of them. Bayern hasn't won there in the league since October 2021, though Vincent Kompany's team did get a victory in a Champions League playoff last year.

Hoffenheim is flying high in third, which would be its best finish since Julian Nagelsmann coached the team in 2017-18. Saturday's opponent Wolfsburg is having a nightmarish campaign in the relegation zone as Dieter Hecking becomes the team's third coach of the season.

In a tight Champions League qualification fight, fourth-place Stuttgart is unbeaten in four Bundesliga games as it takes on fifth-place Leipzig, which is unbeaten in five, on Sunday.

Players to watch Deniz Undav has scored in his last four Bundesliga games to take him to 15 goals for the season. Even if he's got half of Kane's tally of Bundesliga goals for Bayern, it's enough for second in the standings. Undav's run of form could help him make his case for a return to the Germany squad in time for the World Cup.

Nico Schlotterbeck could be one of the most in-demand defenders on the transfer market this off-season, with no obvious progress on renewing a Borussia Dortmund contract which expires next year, though a decision to let midfielder Julian Brandt leave might free up some funds. Dortmund plays Augsburg on Sunday.

Who's out Manuel Neuer's return from a calf injury lasted just 45 minutes last week before the Bayern goalkeeping great picked up another calf injury which kept him out of Tuesday's Champions League win at Atalanta. Jonas Urbig stepped in but was hurt in a heavy collision with an opponent, so third-choice Sven Ulreich may start.

Kane has missed two games with a calf issue but is set to return, though Alphonso Davies has pulled a hamstring and Bayern said Jamal Musiala was experiencing pain related to an ankle injury from last year. It wasn't immediately clear how seriously that would affect Musiala.

Off the field Two bizarre disciplinary cases are getting German fans talking. The national soccer federation is investigating Cologne for its announcer making comments over the PA system loudly condemning refereeing decisions that went against the team.

Second-division Preussen Muenster faces a disciplinary case over a masked fan who unplugged the referee's video monitor during a penalty review against the team.

Sports

Alonso Fears More Pain in China with Struggling Aston Martin

Fernando Alonso expects a difficult weekend in his Aston Martin in China. Paul Crock / AFP
Fernando Alonso expects a difficult weekend in his Aston Martin in China. Paul Crock / AFP
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Alonso Fears More Pain in China with Struggling Aston Martin

Fernando Alonso expects a difficult weekend in his Aston Martin in China. Paul Crock / AFP
Fernando Alonso expects a difficult weekend in his Aston Martin in China. Paul Crock / AFP

Fernando Alonso said Thursday he expects another difficult weekend wrestling with his new Aston Martin at the Chinese Grand Prix after failing to finish the season-opener in Australia.

Silverstone-based Aston Martin endured a horror start after serious issues with their Honda power unit and a lack of spare parts, said AFP.

Two-time world champion Alonso and teammate Lance Stroll had to endure extreme vibration in the chassis caused by the power unit, which was feared could cause the drivers permanent nerve damage.

"The situation unfortunately didn't change within four or five days since Melbourne, so it will be a difficult weekend," Alonso told reporters at the Shanghai International Circuit.

"We'll limit the laps in one or two sessions as we are short on parts. We need laps, to find the window on the chassis side.

"I'll be happy if we leave China with a more or less normal practice, more or less normal qualifying."

The Spaniard could not put a timeframe on when improvements might come.

"What can I do within the team? Work harder, help Honda as much as I can," said Alonso.

"We can allocate resources to help Honda with the power unit. We are one team, it is a bumpy start that I hope won't last too long.

"We are pushing, we have very talented people in the team, so I hope within a couple of grands prix, we can have a normal weekend.

"To be competitive will take more time. Once we fix the reliability, we will be behind on power and things."

The 44-year-old veteran has been in Formula One for more than two decades and has driven vastly different iterations of cars from the old V10 petrol engines through to the current complex hybrid configuration.

Despite the issues, he said was embracing the challenge of the new cars enthusiastically in what could be his final season on the grid.

His Aston Martin contract expires at the end of 2026.

"Do we enjoy driving these cars? Yes, because we love racing," Alonso said.

"I do four or five 24-hour races because I love racing and I love driving. So if you jump into an F1 car, you enjoy going fast.

"But it is a challenge, a different challenge.

"I was super lucky to race in (the last) era and I feel lucky to race in both."