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AP tourism enters MoU with private players for boat racing
- | Saturday | 14th July, 2018
VIJAYAWADA: The long cherished dream of F1H2O power boat racing world championship is coming true in Vijayawada after Andhra Pradesh tourism department entered a MoU with two major private players on Saturday. APTDC has signed an agreement with F1H2O Promotor Management and India Xtreme Adventure Activities to conduct the sixth round of F1H2O power boat racing in Krishna River this November. Addressing the media, Andhra Pradesh Tourism Development Corporation (APTDC) MD Himanshu Shukla announced the dates that the extravagant event would be conducted on November 9, 10 and 11. The news coincides with the arrival in Amaravati of a delegation from the Union Internationale Motonautique (UIM) and the F1H2O Management Committee to homologate the race circuit and make final preparations for the event which will take place in November. The announcement comes following months of comprehensive and successful negotiations that were first entered into in October last year when H2O Racing signed a ‘Memorandum of Understanding’ and which now sees the world’s flagship international powerboat series returning to the subcontinent for the first time since 2004 .The department also managed to negotiate with the delegation and keep the TV rights for themselves which would further aid in garnering revenue for the state.
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