Formula E gets new title sponsor for Hyderabad E-Prix

Formula E, in collaboration with Ace Nxt Gen, the promoter of the inaugural Hyderabad E-Prix, has roped in leading energy transition and decarbonisation brand Greenko as the Title Sponsor of the race in India. The agreement will see the race renamed as the 2023 Greenko Hyderabad E-Prix, which will be held in February 2023.

As Title Sponsor of the Hyderabad E-Prix, Greenko will power the entire race weekend with renewable energy, which is in line with Formula E’s net-zero carbon strategy and RE100 commitment at achieving 100% renewable energy for the championship. 

Anil Chalamalasetty, Founder of Greenko Group and Ace Group, commented:

“Greenko will be powering the entire 2023 Greenko Hyderabad E-Prix event with renewable energy, making it the first of its kind Net Zero event in the world on this scale. We are delighted to be partnering with an iconic race, India’s first ever Formula E World Championship in association with the Government of Telangana and FIA, with support from the Government of India.

“I am excited that one of the world’s greenest cities will host the greenest race, under the dynamic leadership of Hon’ble Minister K T Rama Rao. We look forward to witnessing history in the making, as India drives towards a sustainable future on 11 February 2023 on the streets of Hyderabad.“

Alberto Longo, Co-Founder & Chief Championship Officer, Formula E, said:

“The 2023 Greenko Hyderabad E-Prix promises to be a milestone event for motorsport fans across India, and fans tuning in around the world. Greenko will have a global platform to showcase their sustainability credentials as Hyderabad joins iconic world cities such as London, Berlin, Diriyah, Mexico City, Rome and Monaco in hosting the pinnacle of electric motor racing.“

The first ever E-Prix in India will have home teams Mahindra Racing and Jaguar TCS hoping to impress in front of the home crowd on February 11, 2023.