Virgin to enter team in Formula E

Virgin is to enter a team for the first FIA Formula E Championship, which gets out of the grids next year.

The all-new championship will take place on purpose-built street circuits in ten city centres around the world. The Virgin Racing Formula E Team, is headed by Team Principal Alex Tai and has the backing of Virgin founder Sir Richard Branson. Both have been involved in a number of pioneering technology projects in aviation, space and more recently racing.

The Formula E Championship is intending to showcase electric car technology and speed up development and innovation amongst manufacturers. Against this backdrop, Virgin will bring fun, energy and excitement to create a concept that is compelling for both fans and commercial partners, and will create a winning team.

Richard Branson said: “The launch of the Formula E Championship is exciting news for racing fans but also for those that believe in developing the great electric cars of the future. The need to create fast, dependable and durable race cars will help to accelerate the sector and showcase electric cars to a large global audience. With races around many famous city centres, I am expecting a lot of spectators, plenty of fun and some sparks flying as the competition hots up.”

Alex Tai – Team Principal of Virgin Racing Formula E Team, said: “I’m absolutely sold on the concept of Formula E and believe that it is a great fit for the Virgin brand. The accessible nature of the series with its races being right in the heart of our great cities, should create a wonderful atmosphere. The drive to develop new technology appeals to Virgin, which has always been a pioneering organisation. I’ve been fortunate to have been involved in a number of such activities over years, from the Virgin Atlantic GlobalFlyer to Virgin Galactic activities that push technological and human boundaries and capture people’s imagination.

Alejandro Agag – CEO Formula E Holdings, said: “It gives me great pleasure to welcome Richard Branson and the Virgin Team to Formula E and for them to have chosen the FIA’s new zero emission series to make their return to top-flight motor sport. Having a global brand like Virgin, renowned for their technological innovation and sporting passion, as one of our ten teams is a fantastic addition to the championship and shows their commitment to sustainable mobility. Today’s announcement now means we just have one team left to announce before the grid for the inaugural 2014/2015 Formula E season is complete.”

FORMULA E ENTRANTS SO FAR

  • Drayson Racing
  • China Racing
  • Andretti Autosport
  • Dragon Racing
  • e.dams
  • Super Aguri
  • Audi Sport Abt
  • Mahindra Racing
  • Virgin Racing
  • Mahindra Racing will join the inaugural FIA Formula E Championship

    Mahindra Racing will join the inaugural FIA Formula E Championship beginning in September 2014. The motor sports division of the Mumbai-based USD 16.2 billion multinational Mahindra Group has signed an agreement with series promoters Formula E Holdings to become the eighth and only Indian team to join the new zero emission series.

    The innovative all-electric global race series will include 10 races in its first season in city-centre locations around the world, including London, Beijing and Los Angeles, designed to raise awareness about electric vehicles as well as help advance EV technology.

    The series has generated significant interest globally, and professional services firm EY recently released a report forecasting that Formula E will help contribute to the additional sale of 77 million electric vehicles worldwide over the next 25 years.

    Already a major global force in the development and production of electric vehicles through Mahindra Reva it was a natural step forward for the Mahindra Group to join the Formula E Championship.

    “We strongly believe that Formula E can provide an excellent global showcase for our electric vehicle technology,” said Mr Anand Mahindra, Chairman and Managing Director of Mahindra Group. “With advanced operations and expertise in electronics, IT, automotive technologies and manufacturing, we are already seeing the fusion of this technology into our electric vehicle operations. Racing will further accelerate that trend while Formula E is set to raise awareness globally about the benefits of electric vehicles.”

    With Mahindra’s participation confirmed, Formula E is guaranteed to start with at least eight teams coming from seven different nations. GP2 team DAMS has confirmed its entry (the delightfully-named e.dams) as well as ex-Formula One team Super Aguri.

    The driver line-ups are yet to be confirmed, but former F1 drivers Lucas di Grassi and Karun Chandhok are widely expected to secure a seat. Also, IndyCar’s Takuma Sato is also thought to be set to join Super Aguri, but he will be hoping that this partnership is far more fruitful than their time together in F1.

    Formula E electric single seater racing car – Track Debut [VIDEO]

    The fully-electric Spark Renault SRT_01E made its successful track debut at a circuit near La Ferté Gaucher, 80km east of Paris, France.

    In the hands of Lucas di Grassi, it completed 40 laps during the two-day run, the objective of which was to perform an overall systems check. For the purpose of this initial test, the Spark-Renault was equipped with smaller battery, limiting the maximum power to 50 kW instead of the 200kW (270hp) peak power the car will produce in its final trim.

    “It is a great feeling to be driving the Formula E car for the first time,” said Di Grassi. “I can assure all the drivers they will have a lot of fun with this car – even with just a quarter of the power, it has quite a lot of grip and the electric motor produces huge torque."

    Alain Prost teams up with Dams for Formula E entry

    Four-times Formula One world champion Alain Prost will be involved with a team competing in the new electric Formula E series due to start next year, organisers announced on Thursday.

    They said in a statement that the Frenchman, who made a failed attempt to run his own team in Formula One from 1997 to 2001, had linked up with compatriot Jean-Paul Driot to enter a new e.Dams team.

    Five teams have now been signed up from a planned field of 10 to race in city centres around the world starting in Beijing in September.

    "Being able to actively participate in the development of this new technology, which is 100 percent electric, is extremely motivating," said Prost.

    "As we've seen in other championships, 2014 will see a move towards more sustainable racing, proving more than ever that motorsport is the benchmark for the future."

    Driot's Le Mans-based DAMS teams have won petrol-engined championships in various junior series, including GP2, A1 GP, Formula Renault 3.5 and International Formula 3000.