It is one of Ahmed bin Saeed Al Maktoum's several business interests and is considered to be one of the most successful teams in the sport.
[1] During the final two rounds of the inaugural season of the Class 1 Championship in 1992, Victory Team debuted as a guest entry, and finished first and second in both of its races.
Under his tenure, the team moved to purpose-built 15,000 sq.m facilities enabling a ramp-up in manufacturing, engineering, operational and logistics capabilities to support both racing and commercial activities.
Engineering projects were wholly managed in-house, with support from external suppliers primarily from the automotive industry.
[12][13] 11 December 2009: Dubai (UAE): Pilots Mohammad Al Mehairi from the UAE, and Jean-Marc Sanchez of France, were killed following a racing accident during race one of the Dubai Grand Prix, the final round of the Class 1 World Powerboat Championship.