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Marc Anthony Launches New Electric Powerboating Team

Written by on December 18, 2023

To Marc Anthony’s list of sports-related highlights — minority owner of NFL team the Miami Dolphins and owner of Magnus Media, which represents artists and athletes — you can now add owner of the new E1 electric race boat championship Team Miami.

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Anthony joins a star-studded line-up of E1 team owners that includes Tom Brady, Rafael Nadal, Steve Aoki, Sergio Perez, Didier Drogba and Virat Kohli. Their respective teams will compete in the first-ever E1 event next February 2-3 in Jeddah, Saudi Arabia. E1 is the first electric raceboat championship sanctioned by the Union Internationale Motonautique (UIM), the world governing body of powerboating, and promotes a racing series powered solely by electric, and based on clean technologies to protect our waters and coastal areas.

In addition to owning the new team, Anthony and Magnus will also host E1 in the U.S. in a 2025 Miami event that will include races, the Acceleration Festival fan village and a star-studded live concert.

“It is going to be a couple of days of culture, entertainment, style, sexiness, just the right amount of danger,” says Anthony in a video released on Monday (December 18). “It’s a blank canvas. I’m making every phone call. I’m starting now for what’s going to happen in 2025.”

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While Anthony is first and foremost a music star, he has stakes in many ventures, including a minority ownership in the NFL’s Dolphins. That experience in particular has helped him understand the intricacies of running a team and provided him with the macro view of launching a championship and making the experience as “exhilarating” as possible, he says.

“It wasn’t only just owning the Miami Dolphins,” he says in the announcement video. “It was the stadium and the 300 acres around it. I see it the same way. I’m interested in finding a way that the race experience […]is as eventful as possible and quality and hair-raising.”

Felipe Pimiento, COO of Magnus added: “This is a very exciting venture for us at Magnus. It continues to solidify our footprint in the sports world at various levels.” Anthony joins a list of hugely influential owners that E1’s founders hope will help amplify E1 presence and awareness.

“E1’s list of owners exemplifies how our championship’s strategy is leading the way in sport marketing, and we are thrilled to have Marc join our roster of global icons,” says Rodi Basso, CEO and co-founder of E1.

“It’s a great sign for the future of E1 that we are already speaking about our season 2 destinations, and with Marc bringing our championship to Miami, I could think of no finer place for E1 to make its United States debut,” adds Alejandro Agag, Chairman and co-founder of E1.

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