The Formula E Series is growing steadily. A fourth team has now signed on, Dragon Racing.
Dragon Racing has just signed an agreement with the Formula E Holdings. They are now the fourth team to enter the FIA Formula E Championship. The upcoming full electric race series will begin next year, in September 2014, and promises to showcase the tremendous potential of electric motors.
Penske, Dragon Racing & Formula E
Dragon Racing is owned by Jay Penske, who is based in Los Angeles and manages the Smart ForTwo electric version of the car in the USA. This is big news, and means the Formula E series now has Andretti Autosport, Drayson Racing and China Racing. The Formula E series needs to find a few more teams in order for the FIA to give it its final approval by its World Motor Sport Council.
According to Jay Penske, Owner and President of Dragon Racing on Motorsport: “It’s an honour for Dragon Racing to have been selected as one of the founding teams in Formula E. Formula E symbolizes a vision for the future of motorsports and the automotive industry, while directly appealing to a new generation of global race fans. Formula E offers a tremendous opportunity for our many technology and media partners, and we look forward to its inevitable growth and ascendancy over the next decade.”
Alejandro Agag, CEO of Formula E Holdings said the following: “We’re extremely happy to welcome Dragon Racing to the FIA Formula E Championship and are convinced that Jay Penske and the team will be a major contribution to our grid. Today’s announcement also brings an LA based team to the Championship. That has special significance as California has become the ‘land of electric cars’, an example that we want to spread to the rest of the world. With Dragon Racing lining up alongside fellow IndyCar giants Andretti Autosport, what’s apparent is the continued interest from the States Formula E is receiving from not only teams but also cities, with races taking place in Los Angeles and Miami. We still have more teams to announce over the coming weeks, with the full grid to be made public by the end of November.”
It’s also good news for the Drayson Racing team, whom Paul Drayson told me last year was ready and waiting for competition. See below for the video.
With four teams on board, next year should prove to have a new electric type of racing, single seater with the Formula E series.