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Adpated from FIA press release
The FIA has agreed to launch Formula E, which is a new FIA championship featuring Formula cars powered exclusively by electric energy.
To achieve this objective, the FIA has reached an agreement to licence the commercial rights of the FIA Formula E Championship to a consortium of international investors, Formula E Holdings Ltd (FEH).
FEH, the new promoter, has as anchor investor London-based entrepreneur Enrique Bañuelos, and as CEO and shareholder former MEP and racing team owner Alejandro Agag, who has a long experience in the motor sport business. Also associated with the project are Lord Drayson, Managing Partner of Drayson Racing Technologies, and Eric Barbaroux, Chairman of the French electric automotive company "Electric Formula".
Demonstration runs of the Formula E cars will start in 2013, followed by the championship in 2014 with an objective of 10 teams and 20 drivers participating in the competition. The races will be ideally staged in the heart of the world's leading cities, around their main landmarks.
The series will be open to any cars sanctioned as Formula E by the FIA. The consortium will ensure that a Formula E Car, based on the Formulec EF 01 prototype already in operation, is available for those competing teams willing to race with it.
The representatives of Formula E Holdings proposed to the Mayor and the Governor that the city of Rio to become host of a Formula E Electric Grand Prix from 2014. Both welcomed the idea. Rio has a long commitment to sustainability, having hosted the Rio+20 UN Conference on Sustainable Development only weeks ago.
The Mayor of Rio declared the proposed urban track designed to be near the Gloria Marina as “spectacular”.
The FIA has agreed to launch Formula E, which is a new FIA championship featuring Formula cars powered exclusively by electric energy.
To achieve this objective, the FIA has reached an agreement to licence the commercial rights of the FIA Formula E Championship to a consortium of international investors, Formula E Holdings Ltd (FEH).
FEH, the new promoter, has as anchor investor London-based entrepreneur Enrique Bañuelos, and as CEO and shareholder former MEP and racing team owner Alejandro Agag, who has a long experience in the motor sport business. Also associated with the project are Lord Drayson, Managing Partner of Drayson Racing Technologies, and Eric Barbaroux, Chairman of the French electric automotive company "Electric Formula".
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| Formulec EF01 (Photo: Formulec) |
Demonstration runs of the Formula E cars will start in 2013, followed by the championship in 2014 with an objective of 10 teams and 20 drivers participating in the competition. The races will be ideally staged in the heart of the world's leading cities, around their main landmarks.
The series will be open to any cars sanctioned as Formula E by the FIA. The consortium will ensure that a Formula E Car, based on the Formulec EF 01 prototype already in operation, is available for those competing teams willing to race with it.
The representatives of Formula E Holdings proposed to the Mayor and the Governor that the city of Rio to become host of a Formula E Electric Grand Prix from 2014. Both welcomed the idea. Rio has a long commitment to sustainability, having hosted the Rio+20 UN Conference on Sustainable Development only weeks ago.
The Mayor of Rio declared the proposed urban track designed to be near the Gloria Marina as “spectacular”.