- Associated Press - Friday, May 13, 2016

POINT PLEASANT BEACH, N.J. (AP) - Powerboat racing is returning to the New Jersey shore.

Point Pleasant Beach plans to host the Offshore Grand Prix on May 22. A “Meet the Racers” charity event, block party, and public boat viewing are planned in the days leading up to the race.

The borough had been a powerboat racing destination in the 1970s and 1980s, hosting the Benihana Offshore Grand Prix. Boats from across the globe participated in the event, billed as the Indy 500 of the race boat circuit.

The New Jersey Offshore Powerboat Racing Association says the event’s popularity and size waned by 2007 after the borough cut funding for the events.

Mayor Stephen Reid says he wanted the race back due to nostalgic and economic reasons.

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