Four-time Formula One World Champion Alain Prost has joined forces with Jean-Paul Driot, founder of leading GP2 and Formula Renault 3.5 team Dams, to enter the FIA Formula E Championship.

They will be competing as a new team named e.dams.

The new team launch, held at the L’Atelier Renault on the Champs-Elysées in Paris, was attended by racing legend Alain Prost and Jean-Paul Driot, together with FIA President Jean Todt and Alejandro Agag, CEO of series promoters Formula E Holdings.

e.dams now becomes the fifth team to sign an agreement with Formula E Holdings to compete in the new fully-electric race series.

The first race of the series will be held in September 2014 and the championship features 10 races through the heart of some of the world’s leading cities.

e.dams joins Andretti Autosport, Dragon Racing, UK-based Drayson Racing and Chinese team China Racing as one of the 10 teams to be submitted to the FIA for final approval by its World Motor Sport Council.

The e.dams Formula E team said it will be supported with logistical and technical assistance by European squad Dams (Driot Associés Motor Sport).

With four F1 titles (1985 & 86, 1989 & 1993), 51 GP victories and 108 podiums to his name, Alain Prost remains one of the sport’s most successful racing drivers with the Frenchman very much looking forward to being a part of the new zero emission series.

“I am very happy to be a part of the Formula E adventure”, said Alain Prost. “Being able to actively participate in the development of this new technology, which is 100 percent electric is extremely motivating. As we’ve seen in other championships, 2014 will see a move towards more sustainable racing, proving more than ever that motorsport is the benchmark for the future.”

Based near Le Mans, Dams boasts almost 25 years’ experience with numerous team and driver titles to its name including three International F3000 Championships, two A1GP titles, two Auto GP titles, two GP2 Asia titles and one team and two GP2 drivers’ titles.

The squad has also expanded into Formula Renault 3.5 where last weekend it claimed the team and drivers’ title in its second season.

“Getting involved with the FIA Formula E Championship was an obvious choice”, said Jean-Paul Driot. “Being the race enthusiast that I am, I was immediately convinced by this new concept of using fully electric single-seater cars and believe it will shape the future of motorsport. The implementation of new technologies, in the heart of the most beautiful cities in the world and in front of a young audience, lays the path for a new form of motorsport, which is innovative and respectful to the environment. I am extremely proud to be a part of this new challenge.”