UIM F1 POWERBOAT CHAMPIONSHIPS SET SAIL FOR THE GRAND PRIX OF PORTUGAL

Lausanne, Switzerland, May 6, 2004.... Following a six week break in the UIM F1 Powerboat Championship calendar, teams are busily preparing for the next race in the season, the Grand Prix of Portugal - May 14-16, 2004.

Based in the stunning city of Portimao located on Portugal famous Algarve area,

teams and spectators are in for a treat.  A rich Moorish heritage of historical monuments, the natural beauty of the Ria de Alvor and its fine sandy beaches ensure a steady stream of tourists to Portimao, the jewel of the Algarve.

"Portimao is a fantastic location; it's always an exciting event as we have large crowds and many loyal supporters which add a real buzz to the race.  We really appreciate the ongoing support of the Mayor of Portimao and Expo Arade for this sixth consecutive year," comment UIM F1 Powerboat promoter, Nicolo di San Germano.

"We are really pleased to welcome back the UIM F1 Powerboat Championships to the city of Portimao for the first leg of the European season.  The popularity of the sport continues to grow throughout the world and we're delighted to showcase our beautiful city to a worldwide audience," enthused the Mayor of Portimao, Dr Manuel da Luz.

Since the last exciting race at Sunset Beach in Saudi Arabia, World Championship points currently stand with Francesco Cantando in first position with 35 points, Guido Cappellini, second with 24 points and Sami Selio, third with 21 points.  Scott Gillman closely follows in fourth place with 20 points. 

Portugal has been a favourite race for Guido Cappellini, having secured 5 straight wins and 3 pole positions - he led every lap of the first 3 years races.  During the fourth year, 2002, Cantando made a major play and manage to take the lead - unfortunately his moment of glory was short lived as he had a major blow over with driver Laith Pharaon.

Scott Gillman who trails just behind the leaders in the championship will be battling hard for points, though his limited success in Portugal in the past, second place in 1999 and no luck since, will be weighing on his mind.

Not an easy race - a tightly set 8 pin course over 1.7kms continues to challenge the drivers - expect some close fought action against the breathtaking backdrop at the Grand Prix of Portugal on May 14-16, 2004.