Electric Power Comes To Formula-Type Racing

Electric-powered race cars will be competing in a newly created championship to be known as Formula E.

The Fédération Internationale de l’Automobile (FIA) has reached an agreement this week to license the commercial rights of the FIA Formula E Championship to a consortium of international investors, Formula E Holdings Ltd (FEH).

Formula E is a new FIA championship featuring Formula cars powered exclusively by electric energy. The FIA says it represents a vision for the future of the motor industry over the coming decades.

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.

“I would like to thank all the parties involved” said Jean Todt, President of the FIA. “This new competition at the heart of major cities is certain to attract a new audience. We are pleased with this agreement with Formula E Holdings as they bring a very strong experience in motor sport. This spectacular series will offer both entertainment and a new opportunity to share the FIA values and objectives of clean energy, mobility and sustainability with a wider and younger audience as well.”

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.

More information can be found on the newly created FEH Web site.


  • BartyLobethal

    Good. I think Formula 1 is one of the few motorsports that contribute to the ongoing development of the car in terms of efficiency. A high-profile ‘all-electric’ competition will make important contributions in terms of of motor control and battery development.

  • John D.

    I have to agree. This should be quite a show! You also end up with enthusiastic designers obsessively looking for new ways to tweak that extra power or efficiency out of their pet project while competing head to head. Performance sports have lead to some of the best design improvements in conventional engines, one would think the same would happen with electric.

  • petpost

    Thanks for this article.Electric Power for a racing car is really needed. I think its really important.Day by day system will change.
    the pet post

  • bloggin

    ok Hybridcars.com. So what happened. Did Ford not invite you guys to an event or something? Why have you not updated the Focus Electric or C-MAX article? Both have incorrect and outdated information. And what about the 2013 Fusion Hybrid with an EPA 47/47/47?? There is updated information for the imports, but the domestic brands are being ignored. Is this done on purpose????

  • machine-project.com/sump-pumps/marathon-electric-5kh3

    I like that Electric-powered race cars created a newly championship i.e Formula E.I like your blog information.