Formula E

Luxury car manufacturer Porsche has unveiled plans for a factory-backed works team to compete in the Formula E Championship electric car-racing series from the 2019-20 season.

German automotive manufacturer Audi will begin competing in the Formula E electric car-racing series with full works status from the 2017-18 season, taking over the entry previously held by Abt Sportsline.

Formula E has again recorded substantial losses as the cost of establishing the electric car-racing series impacts on its organisers.

The Formula E electric racing series has signed a multi-year partnership with the UN Environment division of the United Nations in an effort to further boost its drive to raise the profile of alternative energy solutions and the increased uptake of electric vehicles.

Chile, Brazil and Italy are reportedly set to host a Formula E event for the first time next year, while the electric car-racing series has also opted not to return to London.

Alejandro Agag, founder and chief executive of Formula E, has said the electric car-racing series has far surpassed its expectations by securing nine manufacturers for the 2018-19 season, having initially set a target of three competing companies by its fifth campaign.

The Formula E electric car-racing series has joined forces with the French and Moroccan governments to launch the Electric Sports Coalition (ESC).

BMW has announced it will enter the LMGTE category of the World Endurance Championship (WEC) motor racing series from the 2018 season, while the German automotive manufacturer has also agreed a new partnership with Formula E Championship electric car racing team Andretti.

The Formula E electric car-racing championship has secured its first major investment from a US manufacturer after Faraday Future today (Friday) announced a partnership with the Dragon Racing team.

The Formula E electric car-racing series has made a fresh move to embrace esports by revealing plans for an innovative virtual reality race next year.

London, Formula E’s current venue for its season-finale, is set to be dropped from the 2016-17 calendar for the electric car-racing series, with a host of new events added, including a double-header in New York.

The Formula E electric car-racing series has removed Moscow from its 2015-16 schedule due to “unforeseen circumstances” related to road closures and traffic management in the Russian capital.

The Formula E electric car-racing series and the MotoGP motorcycle-racing world championship have both unveiled projects that will focus on the growing eSports sector.

The Formula E electric auto racing championship is targeting a race in the Middle East for its third season, as it continues a gradual expansion plan.

Hollywood superstar Leonardo DiCaprio has furthered his connection to the Formula E electric car-racing series by becoming chairman of the organisation’s newly-created Formula E Sustainability Committee – a body that will be made up of a host of powerful businessmen.

Top-level motorsport could be set to return to Switzerland with a plan being formed to stage a round of the Formula E electric auto racing championship in Lugano.