Princess Yachts returns to profit as momentum continued into 2026
Princess Yachts posted a £17.6 million operating profit and £35.9 million Adjusted EBITDA for 2025, and says profitability has continued…
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The British International Harmsworth Trophy dates back to 1903 and is the oldest powerboat racing trophy in existence. Often referred to as the ‘America’s Cup of Powerboating’, it has played a pivotal role in the development of offshore racing. Over the years, the magnificent bronze trophy has been presented to powerboat racing legends including Sir Thomas Sopwith, Garfield Wood, Stefano Casiraghi and Fabio Buzzi.
The challenge will take the form of a time trial from Poole to a turning mark off Cowes and back – a total distance of approximately 75 nautical miles. The Trophy will be awarded to the fastest electrically powered boat to complete the course in a calendar year, commencing January 2025. The course must be completed using the same set of batteries and without any other form of propulsion, fuel or outside intervention.
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As the 57th Southampton International Boat Show (SIBS) closed on Sunday 27 September, its organiser British Marine reports the following:
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