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Time of India

Formula E founder Alejandro Agag honoured to be shortlisted for Reuters Global Energy Transition Award

Formula E founder Alejandro Agag is a frontrunner in bringing clean technology to the world of motorsports, creating sustainable car racing and paving the way for a broader global shift toward eco-friendly innovation. Tired of too many ads? go ad free now The rise in electric car sales around the world is just one example of this growing trend. In recognition of his tireless efforts, Agag has been shortlisted in the Transition Advocator category at the Reuters Global Energy Transition Awards 2025. The awards ceremony will take place in New York on June 24. Alejandro Agag on being shortlisted for Reuters Award Alejandro Agag said in a statement via "To be recognised among the world's leading energy transition advocates is a huge honour. I've always believed that sport has the power to inspire change, and through motorsport, we've created a platform that pushes sustainable technologies forward while entertaining and educating at the same time. This nomination is not just a personal milestone, it's a recognition of the entire ecosystem working behind the scenes to deliver innovation at speed.' Alejandro Agag has achieved what once seemed unimaginable in advancing the case for sustainable energy through motorsport. He founded Formula E, the all-electric equivalent of car racing, which has grown into a massive success—especially with the arrival of Gen3 Evo cars. Formula E is currently in its 11th season, featuring 16 races. Expanding on this mission, Agag launched Extreme E, an off-road SUV racing series held in climate-affected regions. He also introduced E1, the world's first all-electric boat racing championship. E1 features RaceBirds, which reach high speeds using electric propulsion combined with foil technology. Tired of too many ads? go ad free now Next up is Extreme H, set to launch this year as the world's first hydrogen-powered motorsport championship. Also Read: Formula E's 11th season began in December last year and will conclude in July. The most recent race, Round 5, was held in Miami, with Pascal Wehrlein emerging as the winner. Rounds 6 and 7, a double-header, will take place in the motorsport hub of Monaco on May 3 and 4.