The boat race will be held in a tropical setting at the Bali Beach Resort, a popular resort in Bali.
This event is being hosted by the World Economic Forum, which has hosted other similar events in the past, including the 2016 World Cup in Brazil and the 2022 World Cup.
The event is the first in the race to be held on a beach with a low-water mark of less than 3 feet.
Bali has hosted similar races, such as the 2012 World Cup and the 2018 Olympics, and this is the biggest event in the world of sailing.
“I think this will be a great experience for Balians and for the world,” World Economic Affairs Secretary-General Ngannou Ngoziou said in a statement.
“We’re delighted to be hosting the event and we look forward to welcoming guests and fans to the beach this summer.”
The World Economic forum said the event will take place “with the full support of the Indonesian government, local authorities and local businesses.”
Bali will host the race for a total of five days, which will be divided into two phases, with the first phase beginning on Sunday and running through to the end of August.
The final phase, which is expected to take place on August 26, will be scheduled for August 29.
This is the third edition of the boat race.
The last event in Balsara Beach, which also hosts the world’s biggest water race, was held in 2015.
The 2016 race took place in a smaller beach at Bali’s resort of Koh Lanta, where a record-setting race took the course on March 17, 2016.
The race was held under a water-safe, environmentally-friendly design.
This year’s race is expected in a lower-water, cooler location.
The boat races are often held on hot, sandy beaches in the area, where spectators have to wear waterproof clothing to swim in.