The Powerboat P1 World Championship announced from its first race in Malta, an agreement with the Federazione Italiana Motonautica (FIM) and the Italian Powerboat Series (IPS) to stage a joint event in San Benedetto del Tronto, Italy on July 3-5, 2009.

Commenting from the opening round of the 2009 season in Malta, P1 Chairman and CEO Asif Rangoonwala said: "It's very positive to have reached this agreement which is clearly in the best interests of the sport. I'm delighted to be returning to the venue where the series enjoyed such a successful first event last year."

Further discussions are underway with the Italian Federation and the IPS to undertake an additional joint event in Sicily in September and a decision on this is expected shortly.

From Malta the P1 Championship heads to Istanbul and the waters of the Bosphorus for the second race of the season in June ahead of the July race in San Benedetto del Tronto.