Unlimited hydroplane racing fans in the Motor City will have something to cheer about not just next month, but for the next 10 years as the Detroit Regatta Association and the American Power Boat Association have inked a deal to keep the Detroit Yacht Club/American Power Boat Association Gold Cup in Detroit on the Detroit River, where the event has been held for the past 98 years. This year’s event is scheduled for July 11-13.

The Peters & May Unllimited hydroplane will be among those taking to the Detroit River waters in July for the Gold Cup.

“The rich history and tradition Detroit brings to hydroplane racing make it an ideal home for the Gold Cup for many years to come,” said Mark Wheeler, the president of the APBA—the event’s sanctioning body—in a press release from the organization.

“We couldn’t be more thrilled to know that the Gold Cup will be staying in Detroit, where it belongs, hopefully for another hundred years,” said Tom Bertolini, president of the DRRA—the Gold Cup’s organizational arm—in the release.

In addition to the Unlimited hydroplanes, the weekend will feature live music from local bands Mondays Lie, Bedrock and the Matt Austin Band. Attendees also can enjoy vintage race boats and a car show.