Electric cars will compete in a new global formula racing series after a deal between motorsport’s governing body and a group of investors who plan to stage international races around city-centre landmarks.
The Formula E championship will start in 2014 and involve 10 teams and 20 drivers, the aim being to draw competitors from traditional F1 teams, electric car companies and global brands.
Jean Todt, president of the Federation Internationale de l’Automobile, last year pledged to launch an electric car racing series in response to the European Commission’s desire to get the car industry to adopt more sustainable forms of energy. But he has struggled to persuade several F1 teams to think about environmental responsibilities.