Formula E Holdings

About Formula E Formula E is a new FIA single-seater championship and the world's first fully-electric racing series. The inaugural season kick-started in Beijing in September 2014 and runs until June 2015, competing in 10 of the world's leading cities including Miami, Berlin and London. A total of 10 teams, each with two drivers, race on temporary city-centre circuits creating a unique and exciting series designed to appeal to a new generation of motorsport fans. Formula E also aims to represent a vision for the future of the motor industry, serving as a framework for R&D around the electric vehicle, accelerating general interest in these cars and promoting clean energy and sustainability. From season two, Formula E will operate as an 'open championship', allowing teams and manufacturers the opportunity to showcase their own electrical energy innovations. Working to the technical specifications set out by the FIA, teams will focus their efforts on improving and developing powertrains and battery technology, with the aim of this filtering into the everyday electric vehicle market. The championship centres around three core values of Energy, Environment and Entertainment and is a fusion of engineering, technology, sport, science, design, music and entertainment - all combining to drive the change towards an electric future.