Organisers hope that the Hanseatic Waterski Race in Lynn can become a permanent fixture on the calendar.
Discussions about making the two-day extravaganza a long-term proposal are expected to take place with West Norfolk Council in the next fortnight following its continued success over the weekend.
The Hanseatic Ski Race won Community Event of the Year 2015 in the Mayor’s Business Awards and the 2016 follow-up proved just as spectacular.
Hunstanton Ski Club commodore and race organiser Jason Russell said: “We’d love to make it a long-term event in the town and this is something we will be bringing up with West Norfolk Council when we sit down to talk.
“We would like to build on the success of this year. The British Waterski Federation have been looking for an event like this and King’s Lynn makes a magnificent venue and setting.
“It is the best venue we’ve had in this country and one of the best in Europe. The town lends itself to an event of this kind and it was an added bonus having the festival on as well.
“It brings people into the town and people can take advantage of what King’s Lynn has to offer at the same time.”
Formula 1, 2 and 3 waterski racing competitors took to the River Great Ouse with speedboats reaching up to 100mph alongside Lynn’s historic waterfront.
It made for some breathtaking action with a total of eight races taking place over the two days, with competitors coming from as far afield as Australia to take part.
Mr Russell said: “Saturday was interesting, especially with the weather, and we also had a boat go over on us, but thankfully nobody was hurt.
“On Sunday, the Quay side was packed with spectators four or five deep all the way along. There were that many people, you couldn’t drop a pin among them.”
New to the programme this year was an under-8s fun ski race, which takes place at the end of Saturday.
The race saw junior daredevils brave the choppy waters of the river on boards.
Mr Russell said any event next year would have to be arranged around the World Championships, which are due to take place in Seattle.
There were plenty of activities for the watching spectators, including food stalls, sweet stalls and ice cream, an outside barbecue and bar while face-painting was available on the waterfront.
A spokesperson for West Norfolk Council said: “This weekend’s waterski event was another massive success, despite the weather.
“Lots of people came out to watch the exciting high-speed races on the River Great Ouse.
“Our thanks go to the organisers for putting on another impressive event for the town and thanks to everyone who turned up to support it.”