P1 MANAGEMENT COMMITTEE STATEMENT
Wednesday 14 April 2010
Considering the overall challenging situation, the P1 Management Committee met on the 12th of April 2010 at Villa Malpensa, Italy to find a reasonable and acceptable solution in order not to put in jeopardy the 2010 Powerboat P1 racing season.
The UIM President reprimanded the Powerboat P1 Management on the untimely decision to suspend the 2010 racing season. After constructive discussions, at the end of the meeting, it was unanimously agreed by the P1 Management Committee that the UIM Powerboat P1 contracted promoter will use all its good offices to organize as many events as feasible in 2010 and honour the obligations with the UIM.
Dr. Raffaele Chiulli, UIM President
Mr. Jean-Marie Van Lancker, President UIM Pleasure Navigation Commission
Mr. Asif Rangoonwala, Chairman and CEO Powerboat P1 Management Limited
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Source: PowerboatP1 website
