Young electric boat racing series E1 capped off its inaugural season last month with the first championship going to a team led by someone who knows how to win – Tom Brady. As we approach the new year, E1’s focus is on season 2, and it has shared the tentative racing calendar, which includes seven Grand Prix events scattered worldwide, including a race in the USA.
The UIM E1 Championship Series is an electric boat racing league that recently capped off its inaugural season. E1’s season 1 calendar initially consisted of eight scheduled Grand Prix, where its initial nine teams, led by owners like Rafael Nadal, Will Smith, and Marc Anthony, battled every couple of months for a chance to raise the first-ever E1 trophy.
As a nascent league, the E1 Series shifted its schedule several times in the past year. The league’s initial start was pushed, but several events ended up being locked in for competition around the globe.
Events originally planned for Geneva and Rotterdam were nixed mid-season, but the E1 racing teams have competed in five Grand Prix, including Jeddah, Venice, Monaco, and most recently, Lake Como. The E1 Championship was scheduled to take place in Hong Kong in November, but E1 ended up switching the date and location of that season finale to TBC before skipping it altogether.
As such, Team Brady, led by NFL legend Tom Brady, ended the shortened E1 season 1 racing calendar with the most points and was awarded the UIM Championship trophy. We asked a representative why the championship event in Hong Kong was no longer happening and were told that E1 decided it was in its best interests to conclude season 1 after the fifth event in Lake Como and shift its focus to season 2, with an exciting calendar of events to be announced “very soon.”
In early October, before we got details of an official racing calendar for season 2, E1 shared one confirmed location for a Grand Prix in 2025 – Doha in Qatar. Today, E1 has shared its full tentative racing calendar for season 2, and while some events remain TBD, there are some exciting locations on the schedule, including an event in the US.
Source: E1 Series
E1’s season 2 racing events include Monaco and USA
The UIM E1 Championship announced its tentative racing calendar for season 2 this morning, including Grand Prix events returning to coastal areas like Jeddah, Monaco, and Lake Como and some new races in places like Doha and the US. E1 co-founder and CEO Rodi Basso spoke:
‘To see our revolutionary electric racing series come to life in season one was an incredibly special feeling. E1’s growth and expansion across the globe shows that it has arrived as a truly global sport. The inclusion of new race locations in Qatar and the United States in season two, with more to come, is a testament to the growing interest and investment in the championship and we are looking forward to taking the sport to new audiences.
Season 2 will kick off in January 2025 with a Grand Prix electric boat racing weekend in Jeddah, Saudi Arabia. Here’s the current E1 racing calendar:
Grand Prix Location(Provisional)
Dates
E1 Jeddah GP, Saudi Arabia
January 24-25, 2025
Visit Qatar E1 Doha GP
February 21-22, 2025
TBA
April, 2025
E1 Monaco
July 18-19,2025
E1 Lake Como GP, Italy
August 22-23, 2025
TBA
October, 2025
TBA – USA
November, 2025
E1 shared that it will continue to accelerate preparations for season 2 and share more details of the 2025 racing calendar soon, alongside news of additional Racebird teams. E1 co-founder and chairman Alejandro Agag also spoke about the league’s upcoming second season:
Our mission in season one was to revolutionize and set a new standard for racing on the water. We are pleased to unveil the season two calendar and to continue to drive towards our mission and expand on this success. The calendar sees an inclusion of new cities around the world who are aligned with our vision of building a sustainable sport, and passionate about E1.
While the racing calendar has not revealed it yet, E1 shared that the season 2 championship will take place in a US city to be announced in December 2024. We are not sure if this is still the plan, but when E1 announced musical artist Marc Anthony was joining the league in December 2023 as the owner of Team Miami, it shared that Anthony’s company, Magnus, would help facilitate and host a Grand Prix in the team’s home city during season 2. If and when that event occurs, it will be E1’s debut in the US.
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Rivian founder and CEO RJ Scaringe has posted another interesting facet into the design of the American automaker’s upcoming R2 BEVs. As you’ll see below, the Rivian R2’s body harness has been significantly reduced in size, weight, and connections to enable lower assembly costs and an overall more environmentally friendly build.
If you’re not following RJ Scaringe on social media, you’re missing out. While some CEOs shy away from social media (aside from the guy who bought Twitter to create his own toxic echo chamber), Rivian’s founder has used such platforms to share interesting company progress.
In the past month, much of Scaringe’s content has pertained to the design and development of Rivian’s upcoming R2 model, and we have been all about it. In the past two weeks, RJ has shared a peek at the company’s new Maximus drive unit and photos of the R2 validation builds on a pilot line at the automaker’s facility in Normal, Illinois.
Last week, Scaringe took to Instagram and X once again to share a better look at the inner workings of the Maximus drive unit. The unit was designed to be more compact and efficiently built to help reduce the cost-per-unit production for the Rivian R2 assembly process.
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Today, RJ posted more evidence of how much more optimized components of the R2 design will be.
Source: @RJScaringe/Instagram
The body harness design of the R2 is significantly simpler
RJ posted the comparison image above to Instagram this afternoon, detailing just how much more streamlined the R2’s body harness design will be compared to the Gen 2 R1 BEVs. The Rivian CEO elaborated with the following caption:
The R2 harness improves massively over the R1 Gen 2 harness. Building on the backbone of our network architecture and zonal ECUs, we focused on ease of install in the plant and overall simplification through integrated design — less wires, less clips and far fewer splices!
Simplified indeed, this reimagined body harness cuts serious weight and connectors. The front section of the body harness, in particular, truly encapsulates just how streamlined the R2’s design components are becoming. A body harness pic may not be the most exciting news to the general public, but as a BEV enthusiast on the Rivian beat, it’s amazing to see, and we hope RJ will continue to post updates like this going forward.
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“We are going to allow you to buy it,” Dimon said at the bank’s annual investor day on Monday. “We’re not going to custody it. We’re going to put it in statements for clients.”
The decision marks a notable step for the largest U.S. bank, particularly due to Dimon’s history of criticizing the digital currency and the crypto market broadly, and is the latest sign of bitcoin’s entry into mainstream investing. Since August, Morgan Stanley has allowed its financial advisors to pitch some spot bitcoin exchange-traded funds to qualifying clients.
Dimon made it clear that his personal view of bitcoin remains unchanged, highlighting issues like money laundering and the lack of clarity surrounding ownership, along with “the sex trafficking, the terrorism.”
“I don’t think you should smoke, but I defend your right to smoke,” Dimon said. “I defend your right to buy bitcoin.”
A JPMorgan spokesperson declined to elaborate on the bank’s specific plans for bitcoin access. Until now, the company has limited its crypto exposure primarily to futures-based products, not direct ownership of bitcoin.
When crypto valuations were soaring in 2021, Dimon dismissed bitcoin as “worthless.” He told lawmakers during a Senate hearing in late 2023 that he’s “always been deeply opposed to crypto, bitcoin, etc.,” and that, “The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance.” He said at the hearing that, “If I was the government, I’d close it down.”
At the 2024 World Economic Forum in Davos, Dimon said, “Bitcoin does nothing. I call it the pet rock.” He added that, “This is the last time I’m talking about the with CNBC, so help me God.”
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Morgan Stanley CEO Ted Pick told CNBC at this year’s event in Davos that the investment bank is exploring ways to deepen its involvement in cryptocurrency markets, navigating the regulatory landscape under the pro-crypto administration of President Donald Trump.
Since President Trump took office in January, the Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency have rescinded their anti-crypto guidance. While banks can now custody crypto, thanks to the repeal of an accounting rule called SAB 121, they still face restrictions on working directly with crypto firms without explicit approval from the Federal Reserve.
Genesis is preparing to introduce its new flagship EV, the GV90. The brand’s largest, most luxurious electric SUV already looks stunning. The Genesis GV90 was spotted with less camo ahead of its debut, giving us a sneak peek of the “ultra-luxe” EV.
Genesis GV90 EV sheds camo during testing
We got our first look at the flagship Genesis model last March with the Neolun concept, a preview of its first full-size electric SUV.
Inspired by Korea’s iconic moon-shaped porcelain jars, the Neolun Concept is “the epitome of timeless design and sophisticated craftsmanship,” according to the luxury brand’s creative officer, Luc Donckerwolke. Genesis calls it “the ultra-luxe vision of luxury SUVs.”
The GV90 is not just a stunning-looking vehicle. It will also serve as a tech beacon for Genesis with Hyundai Motor’s most advanced software and tech, including a massive 24.6″ infotainment.
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This is all great, but the feature that caught the most attention was GV90’s coach doors. Ahead of its debut, we’ve seen the GV90 out in the wild for testing a few times, including with coach doors.
Genesis Neolun ultra-luxury electric SUV concept (Source: Genesis)
Genesis claims B-pillarless coach doors are now feasible in production vehicles, hinting they will be offered on the production model. However, the feature is expected to only be offered on higher-priced trims.
Most recently, the Genesis GV90 EV was caught by the folks at SH Proshots testing at the Nürburgring with notably less camo. The new images (via TheKoreanCarBlog) give us our best look at the flagship electric SUV, and it already looks like a stunner.
A few design elements, like the two-line LED headlamps, are shown, while you can see a good outline of the vehicle’s profile.
Like the concept, the GV90 appears to retain its minimalistic design shown in the Neolun concept. With an extended wheelbase, you can clearly see the size difference compared to its other EVs, like the GV60 or Electrified GV70.
The full-size electric SUV is expected to be the first Hyundai Motor model to ride on the new eM platform, which is set to replace the current E-GMP underpinning current Kia, Hyundai, and Genesis EVs.
Although production was slated to begin later this year at Hyundai’s Ulsan plant in South Korea, a recent report from The Korea Economic Daily claims Hyundai’s new development plan now calls for it to begin in June 2026.
Prices and final specs will be revealed closer to launch, but the GV90 is expected to start at around 100 million won ($80,000) in Korea. More premium trims could cost over 200 million won ($160,000).
Source: TheKoreanCarBlog, SH Proshots
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