Kress to hold the biggest ever pump boat racing event in Philippines 

JGO Ventures Corp., the exclusive distributor of Kress Power Products and Power Tools in the country, will hold the biggest pump boat racing event in the country – the Kress Cup Bancarera National Championship beginning January 2023. Kress coined the prestigious event as the Race to 1 Million Pesos – the biggest prize in history ever given by a boat race organizer.

With almost 3 years in existence in the Philippine power products market, Kress is actively steering 2 major programs for the welfare of fishers and farmers. The first is the Kapitan Kress BayaningMangingisda and Magsasaka Award which is geared to recognize the selfless and heroic contribution of select fishers and farmers to the country – thereby inspiring fellow farmers to do the same. And second, (as an incentive for fishers’ contribution to the country’s food security), Kress gives pleasure and fun to fishers through Kress Cup Bancarera National Championship. Kress believes that in taking the lead, other private institutions will also be inspired to give value to our fishers and farmers through these kindof activities. 

In addition, the boat racing event is part of Kress’ brand vision to help elevate the boat racing image in the Philippines.  It also aims to boost the tourism industry and generate additional income for the host city or municipality. It will also benefit the boat and propeller makers due to the sport’s potential to become one of the significant sea sports in the country as there are millions of fishers in Philippine Archipelago.

In the Kress Cup 2023 series, there will be 6 regional eliminations in Luzon, Visayas, and Mindanao which will commence in January 2023.  Winners of the elimination will compete in the National Finals in November 2023.  The race is expected to draw thousands of spectators. Boat racing fans all over the world will be watching via social media platforms to support their local teams to achieve glory and bring home the 1 Million Pesos.

Below is provisionary race venues and schedule:

6 Regional Qualifying Race Events y

Mindanao 1 Grand Prix , Zamboanga City

​- First Race: ​January 27 to 29, 2023  ​​​Prize: 1st 200K; 2nd 100K; 3rd 50K

​- Second Race:​February 24 to 26, 2023​​​Prize: 1st 200K; 2nd 100K; 3rd 50K

​​​Mindanao 2 Grand Prix,  Samal Island

​- Third Race:​Visayas 1 Grand Prix, Dumaguete City​Prize: 1st 200K; 2nd 100K; 3rd 50K

​​​March 24 to 26, 2023 

​- Fourth Race:​Visayas 2 Grand Prix, Tacloban City​Prize: 1st 200K; 2nd 100K; 3rd 50K

​​​April 28 to 30, 2023

– Fifth Race:​Luzon 1 Grand Prix, Agoo, La Union​Prize: 1st 200K; 2nd 100K; 3rd 50K

​​​May 26 to 28, 2023

​Sixth Race:​Luzon 2 Grand Prix, Bauan, Batangas​Prize: 1st 200K; 2nd 100K; 3rd 50K

​​​June 23 to 25, 2023

1 National Championship

​National Championship:  ALL Regional Champions    ​Prize: 1st 1M; 2nd and 3rd TBA

​​​Venue to be announced

​​​November 24 to 26, 2023

Kress Cup 2023, in partnership with Bostik Philippines, Inc., host LGUs and leading brands, will be organized by BancareraPhilippines who will serve as the committee for the prestigious race, following its successful management of the 2022 Kress Cup season.  Professional pump boat racing regulations will be applied by the premier bancarera organizer to ensure safety of racers.  

Racing participants will be using Kress Nautica 17.5HP stock engine.  There will be no engine modifications allowed during the six (6) regional grand prix.  This is to give opportunity to all fishers who cannot afford an expensive race engine upgrade tojoin the race.

Interested participants may visit Kress Philippines Facebook page for registration and inquiries or may contact the racing committee at 0912 282 6868 or 0917 122 6544.