Formula 1 News

Formula E extends FIA partnership

All-electric racing series Formula E has announced a multi-year partnership extension with the Fédération Internationale de l’Automobile (FIA), the global motorsports-governing body.

The partnership will see Formula E work towards its phased development strategy for the cars, while also continuing to pursue long-range strategic partnerships and expanded fan engagement.

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Mohammed Ben Sulayem, President of the FIA, commented:

The extension of the agreement governing the FIA Formula E World Championship is a fantastic outcome for the sport and a clear reflection of our ongoing strategy at the FIA to foster long-term stability, innovation, and growth across all areas of motorsport. This milestone reaffirms our commitment to innovation, sustainability, and technological progress, which are all central to the Championship’s unique identity and purpose. It also aligns with our broader goal of increasing global participation and driving more accessible motorsport for all. We are delighted to be continuing this journey with Formula E, and I look forward to seeing it grow even further, both on and off the track, in the years to come.

Craig Edmondson, Chief Commercial Officer of the FIA, said:

Formula E has not only demonstrated impressive growth since its inception, but has also led the way on sustainable innovation in our industry. This is a landmark agreement for the FIA and Formula E, and we are excited to be working with the Championship in the years to come.

Jeff Dodds, CEO of Formula E, added:

Formula E’s growth since its inception has been nothing short of extraordinary, with hundreds of millions of fans and world-class teams and drivers deciding to choose highly competitive electric racing. This long-term extension of the partnership enables us to continue building the brand, investing in the product and delivering some of the most captivating racing that has made us famous. With this long-term extension, the opportunity that Formula E now has to impact world motorsport will be truly transformational.

Aditya Chaudhuri

Hailing from the City of Joy, the things that bring me joy are cricket, a good non-tilt CS:GO session, F1 and movies.

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