A new event will be added to the world motorsport calendar in 2014, exclusively for electrically-powered cars.
The intention is that Formula E Championship races will be staged in the heart of the world’s leading cities, around their main landmarks.
Rio de Janeiro is the first city to confirm that it will host one leg of the championship.
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 taking part. The vehicles will be electric single-seaters capable of speeds above 200km/h.
The series will be open to any cars homologated as Formula E by the Fédération Internationale de l’Automobile (FIA). The consortium will ensure that a compliant car based on the Formulec EF 01 prototype already in operation is available for those competing teams willing to race with it.
FIA has agreed to license the commercial rights of the championship to a consortium of international investors, Formula E Holdings Ltd.
FEH 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. Lord Drayson, managing partner of Drayson Racing Technologies, and Eric Barbaroux, chairman of the French electric automotive company Electric Formula, are also associated with the project.
Drayson Racing Technologies will act as scientific advisor to FEH. DRT’s role will be to develop the championship’s science and technology policies, adhering to internationally-recognised standards, while working alongside governmental and non-governmental agencies and the scientific community.
Alejandro Agag, CEO of FEH said: “We see this as a great opportunity to create a new and exciting spectacle mixing racing, clean energy and sustainability. We expect this Championship to become the framework for research and development around the electric car.”