What is the meaning of the word "racing boat"?

Definitions:

  1. A lightweight, streamlined boat built for speed and performance, often used in competitive water sports. copy to clipboard NOUN
    • Each racing boat was equipped with carbon fiber paddles and aerodynamic hulls. copy to clipboard
  2. A specialized watercraft designed for speed and competition, used in varios types of boat racing events, such as rowing, sailing, motorboat, or canoe/kayak races. copy to clipboard NOUN
    • The team trained daily in theri racing boat for the regatta. copy to clipboard