Thread Tools Display Modes
Old 20-11-2008, 11:18 AM   #1
Registered User
Country: UK
Location: London
Occupation: PR Executive, Powerboat P1

Join Date: Jul 2008
Location: London
Posts: 8
Official release: Changes in Powerboat P1 Management


London, Thursday 20th November 2008: Powerboat P1 chairman Asif Rangoonwala has announced that he will make a full-time return to running the championship and the P1 Management team. The move coincides with the imminent departure of current CEO Jim O’Toole, who is moving on to new business ventures at the end of November.

O’Toole – who has worked with a number of major brands, events and franchises in his 20-year sports marketing career – joined Powerboat P1 as Commercial Director in August 2007, and was made CEO in March 2008. Alongside Commercial Director Robert Wicks and Racing and Event Director Andy Hindley, he has helped establish a new sporting, technical and marketing strategy for the championship over the last 15 months, and encouraged new teams and venues into the sport.

Successful entrepreneur Rangoonwala has continued to maintain his close involvement with the Powerboat P1 championship during this period, but has now announced that he will return to running the championship in a more hands-on capacity following the recent sale of his Eurobuns bakery business.
“Following my decision to dedicate myself full-time to the business going forward, it became apparent that there was a duplication of roles and, consequently, Jim has decided to take up new challenges in the sports marketing arena,” Rangoonwala explained.

“Since joining the business in August 2007, Jim has played a leading role in taking Powerboat P1 to a new level on both the racing and commercial fronts. His commitment and drive have been outstanding and we wish him well in his new ventures. Going forward, I will be devoting my entire energy to Powerboat P1, taking a hands-on role in leading the P1 Management team as we embark on the exciting next stage of our journey.”


Media Enquries:
Angharad Gibbs, Press Office, Powerboat P1
e. m. +44 (0) 7500 797 583

For access to the online library of hi-res Powerboat P1 imagery please visit the Media section* of the official Powerboat P1 website at
*Please note, registration will be required and a password will be emailed to you.

Notes to editors:
What is Powerboat P1?
Powerboat P1 is the exclusive rights holder and owner of the UIM Powerboat P1 World Championship, where the world’s fastest mono hull high performance prototype and production boats compete for the title of UIM World Champion in the Evolution and SuperSport classes. The 2008 race calendar was watched by more than 450,000 spectators, and reached a global TV audience of 20 million. The 2009 calendar is scheduled to be announced next month.

Jim O’Toole
Jim O'Toole previously held the position of CEO at the WPP owned Ogilvy 141 Worldwide Sports and Entertainment division and prior to that set up Premiere Consulting in 1995. Key clients have included Manchester United, the BMW Williams Formula 1 team, Western Union Money Transfer, Vodafone and FIFA.
Consulting projects have included many top international blue chip Companies, sponsoring sporting activities and bodies worldwide, together with various projects in the world of arts and entertainment.

AngharadG is offline   Reply With Quote
Old 20-11-2008, 11:36 AM   #2
Registered User
Tony Davis's Avatar
Country: Job Centre
Location: In a box
Occupation: Chaos's gofer
Interests: Skiving
Boat make: Spectre 30
Engines: 2 x Promax 225
Cruising area: In the bath

Join Date: Mar 2004
Location: In a box
Posts: 5,201
We heard about that a week ago..

As a PR Executive your a bit fecking slow!!!!!!

Chaos for Moderator.
Tony Davis is offline   Reply With Quote
Old 20-11-2008, 11:58 AM   #3
Registered User
cfun's Avatar
Country: uk
Location: poole
Occupation: retail
Interests: sport and being lazy
Boat make: ring rib
Engines: merc xr2
Cruising area: bournemouth bay

Join Date: Jan 2006
Location: poole
Posts: 1,681
Impressive list of achievements, obviously like many around the world I enjoy P1 and therefore hope it has continued growth bucking this recession trend, and hopefully you can somehow negotiate a UK venue as there is a growing UK fleet within your race series, although I can understand the UAE should be higher on the list of priorities ...

PS ... Now you've sold Eurobuns and made a mint you can become a Dragon in the Den
i can na give her any more captain
cfun is offline   Reply With Quote
Old 20-11-2008, 11:58 AM   #4
Registered User
Carl's Avatar
Location: hayling island
Boat name: snow monkey
Boat make: extreme 24
Engines: mercruiser 6.2

Join Date: May 2004
Location: hayling island
Posts: 2,075
eurobuns bakery..........asif
Carl is offline   Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Powered by vBadvanced CMPS v3.2.3

All times are GMT +1. The time now is 02:16 PM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.