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Offshore powerboat racing is a type of racing by ocean-going powerboats , typically point-to-point racing .
In most of the world, offshore powerboat racing is led by the Union Internationale Motonautique (UIM) regulated Class 1 and Powerboat GPS (formerly known as Powerboat P1). In the USA, offshore powerboat racing is led by the APBA/UIM and consists of races hosted by OPA Racing, OSS, and P1.
The sport is financed by a mixture of private funding and commercial sponsors.