The first 100-percent pure biodiesel race boat is running short on funding and may not finish it’s world tour as planned.

According to news reports, like this one from the NY Times, Earthrace – aka “the World’s Coolest Boat” – is drowning in debt and stuck on the west coast. The boat was due to arrive on the east coast this week.

Earthrace started in New Zealand with the goal of spreading the word about alternative fuels and the benefits of biodiesel. Organizers were confident the cash would flow once they got the trip underway, but now they are begging for donations.

For more information about Earthrace or to make a donation, visit www.earthrace.net.