AquaX is the fastest growing personal watercraft championship in the world. Its rapid growth is owed to a simple, yet challenging race format that appeals to todays personal watercraft users.
This year the program will include the unveiling of a professional level race series and expansion of two further championships in the Great Lakes region of the USA and in Southeast Asia.
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I’m thrilled and honored to join the P1 team and lead our efforts to set a new standard of excellence for Offshore Racing. Growing up in and around a variety of watersports together with my professional career in international events, motorsports and other aspirational lifestyle sports and events provides a solid foundation for the new journey ahead.
President and CEO, Powerboat P1 USA
Powerboat P1 Management, the international marine motorsport promoter headquartered in the United Kingdom, has announced the appointment of Tim Ramsberger as President & Chief Executive of its United States operation, underscoring the company’s mission to strengthen its leading position in the market in line with its global strategic plan.
Vastly experienced, with considerable knowledge of the sports, entertainment and tourism industries, Ramsberger will be based in Florida and take up his new position immediately. Powerboat P1 Management’s CEO, Azam Rangoonwala will continue in his global role at the London office and become Chairman of Powerboat P1 USA.
In line with the continued advancement of Powerboat P1’s organizational structures to effectively support the key pillars of the strategic plan, Ramsberger will have overarching responsibility for all of Powerboat P1 USA’s commercial, race event, marketing, communications and digital activities in the United States to deliver an integrated revenue and events growth strategy for the P1 Offshore and P1 AquaX brands.
With a proven track record in business development, Ramsberger has over three decades of executive business, legal, sports management and tourism experience for globally-recognized organizations including Disney Sports, FIFA World Cup, Olympic Organizing Committee, Andretti Sports Marketing and Indy Car. He joins Powerboat P1 USA from Visit St. Pete/Clearwater on Florida’s Gulf Coast where he has been Chief Operating Officer since 2016, successfully rebuilding and rebranding the Sports Commission and Community/Brand Engagement departments to deliver significant growth in room nights and consumer engagement. The role involved financial and budget planning and management, with the emphasis on strategic initiatives.
In a rapidly evolving and highly competitive sports industry still dealing with the impact of the pandemic, it’s vital that we look at our business differently and find new ways to continue to develop our primary market in the United States and increase revenues for reinvestment in the sport’s future growth.
Chairman, Powerboat P1 USA
Rangoonwala, who will continue to lead the company’s national and international business development including new events, major sponsorships and growing competitor numbers, said: “In a rapidly evolving and highly competitive sports industry still dealing with the impact of the pandemic, it’s vital that we look at our business differently and find new ways to continue to develop our primary market in the United States and increase revenues for reinvestment in the sport’s future growth. This new role reflects that need and positions Powerboat P1 not only to exploit new revenue streams for the benefit of the sport but also to make marine motorsport more attractive and accessible. Tim’s extensive experience and accomplishments in key sectors such as financial and strategic planning, operational management, sponsorship and partnership development, and sports and entertainment law make him ideally placed to lead our US team at this exciting time. I am looking forward to working with him to develop our existing business and to identify and convert new opportunities.”
Ramsberger’s appointment comes at a time of change and growth for both the world of marine motorsport and Powerboat P1 USA, where he will focus on the core business, Florida race events and support the Chairman on business development opportunities to realize P1 USA’s commercial and sporting potential. He said: “I’m thrilled and honored to join the P1 team and lead our efforts to set a new standard of excellence for Offshore Racing. Growing up in and around a variety of watersports together with my professional career in international events, motorsports and other aspirational lifestyle sports and events provides a solid foundation for the new journey ahead.”
Tim Ramsberger was the Chief Operating Officer at Visit St. Pete/Clearwater from February 2016 and was elected to lead the state of Florida’s Sports Hall of Fame organization in January 2020. From August 2014 to January 2016 he was Vice President of Andretti Sports Marketing in Indianapolis. Prior to that he was President of the Firestone Grand Prix of St. Petersburg for ten years, ran his own private law practice and was Senior Manager of Business & Legal Affairs and Programming at Disney Sports and Disney’s Wide World of Sports in Buena Vista, Florida. Previous appointments saw him involved with venue programming and management at the Atlanta Committee for the Olympic Games and venue planning and operations for the 1994 FIFA World Cup.
He holds a law degree from Florida State University and MBA from the Crummer Graduate School of Business at Rollins College.
Tim is an accomplished scuba diver and a licensed boat captain and private pilot. He lives in Treasure Island, Florida and is married with three children.
Roy Mantle, Head of Public Relations; firstname.lastname@example.org +44 (0)207 935 4977
Powerboat P1 is a leading international marine motorsport promoter with offices in London and Orlando. The business was founded in 2002 and since then it has staged more than 600 powerboat and personal watercraft races in 18 countries on four continents.
Its race events combine high-speed, free-to-watch sport and family entertainment, attracting hundreds of thousands of spectators and millions of television viewers around the world, also playing a valuable role as an effective destination marketing tool. By creating high caliber events, it generates a significant level of inward economic investment at host venues, together with the commercial platform created for sponsors, partners and the wider marine industry.
Media and broadcast relationships play a key role in enhancing the company’s international presence, delivering exposure for venues and commercial partners, and building the foundations for a commercially viable, credible and global marine motorsport business.