Formula 1 Powerboat racing is a high-speed motorsport that takes place on water. It features specially designed boats that can reach speeds of over 150 miles per hour. These boats are powered by powerful engines and are built for agility and performance, allowing them to navigate tight turns and rough water conditions. The sport is governed by the Union Internationale Motonautique (UIM), which sets the rules and regulations for competitions. Races are held in various locations around the world, attracting teams and fans who enjoy the thrill of fast-paced water racing.