|The International Offshore Team Association (IOTA) has confirmed that it has renewed its existing agreements and signed new long-term contracts with Qatar and Dubai.|
The new agreements, signed by HE Sheikh Hassan Bin Jabor Al-Thani, president of Qatar Marine Sports Federation and Saeed Hareb, managing director of the Dubai International Marine Club, confirms that the world's leading powerboat series will stage a minimum of four races in the Middle East for at least the next three years and demonstrates the on-going commitment of two of Class 1's well established venues, to both IOTA and the World Professional Powerboating Association (WPPA).
"The agreements which have just been signed with Qatar and Dubai renew those which have already existed for a long time and are a further confirmation of the excellent health and the credibility which are enjoyed by Class 1 at the present time," said IOTA general secretary, Marco Sala, adding. "The Middle East is of fundamental importance for our Sport, not only because of the extremely high level of the events which are organised by the Qatar Marine Sports Federation and the Dubai International Marine Club, but also because of the Qatar Team and Victory Team which have found human, financial and technical resources in this area which enable them to compete worldwide at the highest level."
In addition to the agreements with Qatar and Dubai, and with the 2007 season just reaching its mid-point, IOTA is in an enviable position of being able confirm a minimum of eight races in 2008, with the organisers of the races in Arendal and Oslo, Norway, Mamaia-Constanta in Romania and Porto Marina, Egypt all on multi-year contracts.