MONACO—A new electric speedboat racing competition that has attracted interest from Tom Brady and other celebrities will begin this weekend in Jeddah, Saudi Arabia. The E1 world championship will also include stops later in the year in Holland, Hong Kong, Italy, Monaco, Spain and Switzerland.
Similar to Formula E car racing, the events will take place in urban settings to promote sustainable mobility. Mixed-gender teams of pilots will compete in identical 24-foot-long boats dubbed RaceBirds.