Victory Team is a government-owned offshore powerboat racing team and builder from the United Arab Emirates. 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. It currently competes in the Class 1 World Powerboat Championship, doing so since its inaugural season in 1992.
The team made its offshore powerboat racing debut in 1986, but it wasn't until 1990 that it began to build its own boat. During the final two round 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. It went on to win the title at the following season.
The team has since won 14 C1 World Championships (1993, 1995, 1996, 1999, 2000, 2001, and from 2007 to 2014), 8 European Championships (1999, 2000, 2001, 2004, 2007, 2009, 2010 and 2014), 7 Middle East Championships (2002, 2005 and from 2008 to 2012), 5 Pole Position Titles and 4 C2 World Championships (1996, 1998, 2000, 2001), making them one of the most successful teams in offshore powerboat racing.
Gianfranco Venturelli, a former Lamborghini engineer and American powerboat designer Michael Peters runs the operation.
The team builds its own boats in-house, utilizing designs by Michael Peters, the majority of teams, including Bjørn Rune Gjelsten's Spirit of Norway, uses boats built by Victory.
The team scored its eighth world title in 2008.
In 2002, the team branched out to build boat custom made commercially for use in not just powerboat racing and for pleasure, but boats for commercial maritime vessels, notably patrol boats
There are currently four boats in its range:
In 1995, one of its drivers, the 1994 Class One champion, Hamed Buhaleeba, was killed whilst leading the race when his boat somersaulted and landed upside down during a Class 2 race at Cowes, in the Isle of Wight. His boat hit a wave, flew out of the water, only for it to land upside down and was trapped in the boat. His boat was reached by emergency crews, where he was taken to a hospital in Gosport and was pronounced dead later. Hamed, who was acting as a throttleman for his brother Rashid, who was uninjured. A trophy was named in honour of him which is awarded to the highest placed oversea competitor at the Cowes-Torquay race.