Indonesia's Ministry of Culture and Tourism has formally given its approval to the running of the 11th F-1 UIM Power Boat Grand Prix scheduled to be held off Bali's Tanjung Benoa, October 30-31, 2004.
In comments made in Jakarta on Thursday, May 15, 2004, Culture and Tourism Minister, I Gede Ardika, cited the event's ability to attract foreign tourists as well as enhance Bali's image internationally as a tourism destination as factor warranting the support of the Nation's tourism industry. The Minister said he hoped the races would remind the world of Indonesia's beautiful oceans and beaches and act as a catalyst for future water sports events in the Country.
The F-1 professional powerboat circuit takes place each year with races being held in ten different geographical locations. This year’s series will see events held in Bombay, Saudi Arabia, Portugal, Italy, China, Korea, Japan, Malaysia, Singapore, Hong Kong and Bali. A typical race attracts 24 boats from 15 countries backed up by drivers and crews totaling 400 people. Attendance by the public at the races can top 10,000 sepctators.
Total cost of hosting the Bali event, sanctioned by the Union Internationale Motonautique (UIM), is estimated at US$ 2 million.
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