Latest news with #FormulaEGEN3Evo
Biz Bahrain
4 days ago
- Automotive
- Biz Bahrain
FIA and Formula E sign landmark extension to power Formula E World Championship for another 10 years
The Fédération Internationale de l'Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has announced a significant multi-year extension to its agreement with Formula E Holdings Limited (majority owned by Liberty Global) for the continued promotion of the FIA Formula E World Championship (Formula E) within the all-electric single-seater category. This agreement solidifies Formula E's bright future at the forefront of international motor sport. It provides a powerful platform to accelerate the Championship's growth trajectory, attract further investment, scale its global impact and pave the way for sustainable innovation in the wider automotive sector. Under current plans, Formula E is set to continue its ambitious and phased development strategy for its racing cars, delivering faster top speeds, greater acceleration, enhanced aerodynamics and improved tyre performance to continue producing some of the closest and most competitive racing in world motor sport. These developments showcase the increased relevance to consumers and the wider EV market, with greater 'race to road' technology transfer. The long-term extension will enable Formula E to build further on this work, providing the FIA World Championship with the long-term vision and support to thrive in the years to come. It opens the door to strategic long-range partnerships and expanded fan engagement. With electric vehicle sales set rise to over 40% of global vehicle sales by 2030 , and global lithium-ion battery production expected to triple by 2030 , the relevance of Formula E and advancements in this field are more important than ever. At the heart of this shift, the FIA Formula E World Championship, showcases what's possible in modern electric racing and plays a pioneering role in shaping the technologies that will define the road vehicles of the future. The Formula E GEN3 Evo, which launched earlier this year, is already a step-change in performance: 0-60mph in just 1.82 seconds (30% faster than a current Formula 1 car), a 200mph top speed, and almost 50% of energy needed to complete a race regenerated during a race. It is designed with sustainability at its core and includes tyres made with 35% recycled materials and bodywork incorporating recycled carbon fibre and natural fibres. Already backed by a roster of leading manufacturer brands such as Porsche, Jaguar, Nissan, Maserati, Stellantis, Mahindra and Lola-Yamaha, Formula E is the only all-electric single-seater series competing at the highest level – offering a unique blend of intense competition, cutting edge-technology, and sustainability-focused leadership. Since its first race in Beijing in 2014, Formula E has become a global motorsport success story – growing by 20% year-on-year to reach circa 400m fans around the world and attracting a television audience of approximately half a billion. Featuring 11 world-class teams and 22 elite drivers, the Championship races through incredible locations including Monaco, Tokyo, London, Shanghai and Miami, delivering thrilling, purpose-driven sport in the heart of the world's most iconic cities. Solidifying its global standing as a beacon of sustainability Formula E has been ranked the top ESG sport in the world for the third consecutive year . Coupled with substantial annual reductions in freight emissions and the lasting positive legacy of its Better Future Fund in host cities, Formula E is poised for an even stronger and more impactful future. Mohammed Ben Sulayem, President at the FIA, said: '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 at 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.' Mike Fries, CEO at Liberty Global, said: 'We've believed in Formula E since day one, and this extension reaffirms our confidence in where it's headed. This is the motorsport of the future – a championship that combines the very latest technology, close-combat racing, and a mission that really matters. 'With the FIA's continued backing, we can now take the next big steps – scaling the sport, growing its global fanbase, and continuing to push the boundaries of what electric racing can achieve. With this new agreement in place, Formula E is now positioned better than ever to define the future of motorsport – more innovative, more inclusive, more sustainable – and to inspire the next generation of fans, drivers, and partners around the world.' Jeff Dodds, CEO at Formula E, said: '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.'
Mid East Info
5 days ago
- Automotive
- Mid East Info
FIA and Formula E sign landmark extension to power Formula E World Championship for another 10 years - Middle East Business News and Information
Multi-year agreement secures the rights to the FIA Formula E World Championship for an additional term of 10 years from 2038, when the current agreement ends Extension unlocks long-term growth and investment opportunities for the world's premier electric motor sport championship Formula E has seen 20% year-on-year growth since inception and continues to accelerate fan engagement and manufacturer interest The Fédération Internationale de l'Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has announced a significant multi-year extension to its agreement with Formula E Holdings Limited (majority owned by Liberty Global) for the continued promotion of the FIA Formula E World Championship (Formula E) within the all-electric single-seater category. This agreement solidifies Formula E's bright future at the forefront of international motor sport. It provides a powerful platform to accelerate the Championship's growth trajectory, attract further investment, scale its global impact and pave the way for sustainable innovation in the wider automotive sector. Under current plans, Formula E is set to continue its ambitious and phased development strategy for its racing cars, delivering faster top speeds, greater acceleration, enhanced aerodynamics and improved tyre performance to continue producing some of the closest and most competitive racing in world motor sport. These developments showcase the increased relevance to consumers and the wider EV market, with greater 'race to road' technology transfer. The long-term extension will enable Formula E to build further on this work, providing the FIA World Championship with the long-term vision and support to thrive in the years to come. It opens the door to strategic long-range partnerships and expanded fan engagement. With electric vehicle sales set rise to over 40% of global vehicle sales by 2030[1], and global lithium-ion battery production expected to triple by 2030[2], the relevance of Formula E and advancements in this field are more important than ever. At the heart of this shift, the FIA Formula E World Championship, showcases what's possible in modern electric racing and plays a pioneering role in shaping the technologies that will define the road vehicles of the future. The Formula E GEN3 Evo, which launched earlier this year, is already a step-change in performance: 0-60mph in just 1.82 seconds (30% faster than a current Formula 1 car), a 200mph top speed, and almost 50% of energy needed to complete a race regenerated during a race. It is designed with sustainability at its core and includes tyres made with 35% recycled materials and bodywork incorporating recycled carbon fibre and natural fibres. Already backed by a roster of leading manufacturer brands such as Porsche, Jaguar, Nissan, Maserati, Stellantis, Mahindra and Lola-Yamaha, Formula E is the only all-electric single-seater series competing at the highest level – offering a unique blend of intense competition, cutting edge-technology, and sustainability-focused leadership. Since its first race in Beijing in 2014, Formula E has become a global motorsport success story – growing by 20% year-on-year to reach circa 400m fans around the world and attracting a television audience of approximately half a billion. Featuring 11 world-class teams and 22 elite drivers, the Championship races through incredible locations including Monaco, Tokyo, London, Shanghai and Miami, delivering thrilling, purpose-driven sport in the heart of the world's most iconic cities. Solidifying its global standing as a beacon of sustainability Formula E has been ranked the top ESG sport in the world for the third consecutive year[3]. Coupled with substantial annual reductions in freight emissions and the lasting positive legacy of its Better Future Fund in host cities, Formula E is poised for an even stronger and more impactful future. Mohammed Ben Sulayem, President at the FIA, said: '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 at 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.' Mike Fries, CEO at Liberty Global, said: 'We've believed in Formula E since day one, and this extension reaffirms our confidence in where it's headed. This is the motorsport of the future – a championship that combines the very latest technology, close-combat racing, and a mission that really matters. 'With the FIA's continued backing, we can now take the next big steps – scaling the sport, growing its global fanbase, and continuing to push the boundaries of what electric racing can achieve. With this new agreement in place, Formula E is now positioned better than ever to define the future of motorsport – more innovative, more inclusive, more sustainable – and to inspire the next generation of fans, drivers, and partners around the world.' Jeff Dodds, CEO at Formula E, said: ' 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.' ENDS Notes to Editors: The Fédération Internationale de l'Automobile (FIA) is the governing body for world motor sport and the federation for mobility organisations globally. It is a non-profit organisation committed to driving innovation and championing safety, sustainability and equality across motor sport and mobility. Founded in 1904, with offices in Paris, London and Geneva, the FIA brings together 245 Member Organisations across five continents, representing millions of road users, motor sport professionals and volunteers. It develops and enforces regulations for motor sport, including seven FIA World Championships, to ensure worldwide competitions are safe and fair for all. Formula E Holdings Limited is currently owned in its majority by Liberty Global and is the promoter of the FIA Formula E World Championship. [1] IEA – More than 1 in 4 cars sold worldwide this year is set to be electric as EV sales continue to grow [2] EY – How to stay competitive in future battery manufacturing innovation? [3]
Web Release
5 days ago
- Automotive
- Web Release
FIA AND FORMULA E SIGN LANDMARK EXTENSION TO POWER FORMULA E WORLD CHAMPIONSHIP FOR ANOTHER 10 YEARS
The Fédération Internationale de l'Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has today announced a significant multi-year extension to its agreement with Formula E Holdings Limited (majority owned by Liberty Global) for the continued promotion of the FIA Formula E World Championship (Formula E) within the all-electric single-seater category. This agreement solidifies Formula E's bright future at the forefront of international motor sport. It provides a powerful platform to accelerate the Championship's growth trajectory, attract further investment, scale its global impact and pave the way for sustainable innovation in the wider automotive sector. Under current plans, Formula E is set to continue its ambitious and phased development strategy for its racing cars, delivering faster top speeds, greater acceleration, enhanced aerodynamics and improved tyre performance to continue producing some of the closest and most competitive racing in world motor sport. These developments showcase the increased relevance to consumers and the wider EV market, with greater 'race to road' technology transfer. The long-term extension will enable Formula E to build further on this work, providing the FIA World Championship with the long-term vision and support to thrive in the years to come. It opens the door to strategic long-range partnerships and expanded fan engagement. With electric vehicle sales set rise to over 40% of global vehicle sales by 2030[1], and global lithium-ion battery production expected to triple by 2030[2], the relevance of Formula E and advancements in this field are more important than ever. At the heart of this shift, the FIA Formula E World Championship, showcases what's possible in modern electric racing and plays a pioneering role in shaping the technologies that will define the road vehicles of the future. The Formula E GEN3 Evo, which launched earlier this year, is already a step-change in performance: 0-60mph in just 1.82 seconds (30% faster than a current Formula 1 car), a 200mph top speed, and almost 50% of energy needed to complete a race regenerated during a race. It is designed with sustainability at its core and includes tyres made with 35% recycled materials and bodywork incorporating recycled carbon fibre and natural fibres. Already backed by a roster of leading manufacturer brands such as Porsche, Jaguar, Nissan, Maserati, Stellantis, Mahindra and Lola-Yamaha, Formula E is the only all-electric single-seater series competing at the highest level – offering a unique blend of intense competition, cutting edge-technology, and sustainability-focused leadership. Since its first race in Beijing in 2014, Formula E has become a global motorsport success story – growing by 20% year-on-year to reach circa 400m fans around the world and attracting a television audience of approximately half a billion. Featuring 11 world-class teams and 22 elite drivers, the Championship races through incredible locations including Monaco, Tokyo, London, Shanghai and Miami, delivering thrilling, purpose-driven sport in the heart of the world's most iconic cities. Solidifying its global standing as a beacon of sustainability Formula E has been ranked the top ESG sport in the world for the third consecutive year[3]. Coupled with substantial annual reductions in freight emissions and the lasting positive legacy of its Better Future Fund in host cities, Formula E is poised for an even stronger and more impactful future. Mohammed Ben Sulayem, President at the FIA, said: '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 at 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.' Mike Fries, CEO at Liberty Global, said: 'We've believed in Formula E since day one, and this extension reaffirms our confidence in where it's headed. This is the motorsport of the future – a championship that combines the very latest technology, close-combat racing, and a mission that really matters. 'With the FIA's continued backing, we can now take the next big steps – scaling the sport, growing its global fanbase, and continuing to push the boundaries of what electric racing can achieve. With this new agreement in place, Formula E is now positioned better than ever to define the future of motorsport – more innovative, more inclusive, more sustainable – and to inspire the next generation of fans, drivers, and partners around the world.' Jeff Dodds, CEO at Formula E, said: '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.'
Time of India
5 days ago
- Automotive
- Time of India
Formula E secures 10-year extension with FIA for World Championship
Formula E (Image credit: Formula E) In good news for Formula E, a multi-year agreement extension has secured the rights to the FIA Formula E World Championship for an additional 10 years from 2038, when the current agreement ends. This ensures a long and thrilling future for the FIA Formula E World Championship. The long-term extension will enable Formula E to grow further, build strategic long-range partnerships, and drive greater fan engagement. Why Formula E deserves to continue At present, Formula E continues to focus on its phased development strategy for its racing cars — delivering faster top speeds, greater acceleration, enhanced aerodynamics, and improved tyre performance. These developments highlight the series' increased relevance to consumers and the wider EV market, with greater 'race to road' technology transfer. With electric vehicle sales projected to rise to over 40% of global vehicle sales by 2030, and global lithium-ion battery production expected to triple by 2030, the relevance of Formula E and its technological advancements is more critical than ever. The Formula E GEN3 Evo already represents a step-change in performance: 0–60 mph in just 1.82 seconds (30% faster than a current Formula 1 car), a 200 mph top speed, and nearly 50% of the energy needed to complete a race regenerated during the event. It is designed with sustainability at its core and includes tyres made with 35% recycled materials and bodywork incorporating recycled carbon fibre and natural fibres. Formula E sees the participation of major automotive manufacturers including Porsche, Jaguar, Nissan, Maserati, Stellantis, Mahindra, and Lola-Yamaha. Since its first race in Beijing in 2014, Formula E has grown by 20% year-on-year, reaching around 400 million fans globally and attracting a television audience of approximately half a billion. FIA and Formula E comment on agreement extension The Fédération Internationale de l'Automobile (FIA), the global governing body for motorsport and mobility organisations, has announced a multi-year extension to its agreement with Formula E Holdings Limited (majority-owned by Liberty Global). Mohammed Ben Sulayem, President at the FIA, said, '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.' He further said, '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. ' FIA Chief Commercial Officer Craig Edmondson, 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.' Liberty Global CEO Mike Fries said, 'We've believed in Formula E since day one, and this extension reaffirms our confidence in where it's headed. This is the motorsport of the future - a championship that combines the very latest technology, close-combat racing, and a mission that really matters. 'With the FIA's continued backing, we can now take the next big steps - scaling the sport, growing its global fanbase, and continuing to push the boundaries of what electric racing can achieve. With this new agreement in place, Formula E is now positioned better than ever to define the future of motorsport - more innovative, more inclusive, more sustainable - and to inspire the next generation of fans, drivers, and partners around the world. " Also Read: Formula E London E-Prix 2025: Pascal Wehrlein tops FP1, Jake Dennis finishes second Formula E CEO Jeff Dodds also 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.' For real-time updates, scores, and highlights, follow our live coverage of the India vs England Test match here. Catch Rani Rampal's inspiring story on Game On, Episode 4. Watch Here!
Yahoo
07-03-2025
- Automotive
- Yahoo
YouTube Star MrBeast Crashes Formula E Race Car on His Second Lap
Social media influencer James Donaldson is one of the biggest YouTube stars in the world, but you probably know him by his online handle: MrBeast. However, while he may have the internet acumen to rack up more than 370 million subscribers on YouTube... it seems his driving skills could use a little work. During a Formula E event in Miami on Thursday, MrBeast lost control of the Formula E GEN3 Evo he was driving and spun into the wall. Thankfully, the only injury was to his ego, and the car didn't appear to be badly damaged. So, what was MrBeast doing behind the wheel of a Formula E car capable of accelerating from 0 to 60 mph in 1.8 seconds? He was driving as part of Formula E's "Evo Sessions" event, held at the Miami International Autodrome on March 5 and 6, which brought together 11 of the world's most-followed personalities and gave them the opportunity to drive the electric racers. MrBeast was piloting the car that is usually driven by German driver David Beckmann, following a Porsche Taycan Turbo GT safety car. The first lap went off without a hitch, and MrBeast appeared to be getting confident as he got closer to the safety car. That confidence likely eroded quickly, however, the second he spun the car 360 degrees while coming out of a left-hand turn in sector 1, causing the car to clip the wall on the left side of the track. Donaldson was able to quickly jump out of the car; however, the session was stopped while the car was hauled back to the pits. Based on social media footage from the scene, no one appeared to be too bothered by the incident. MrBeast was all smiles as he described his ordeal, saying that it felt like he'd spun four time before hitting the wall and asking people around him to explain what had happened. Consider MrBeast's Formula E crash just another example of how difficult it is to control a proper racing car. If you want to be a world-class driver, it takes a lot of dedication and practice — no matter how many YouTube followers you have. You Might Also Like You Need a Torque Wrench in Your Toolbox Tested: Best Car Interior Cleaners The Man Who Signs Every Car
