Updated: Feb 28
Mercedes EQ has confirmed that it will be leaving the ABB FIA Formula E World Championship at the end of Season 8. The team is exploring options to continue beyond that season and into the Gen3 era, like attracting new investors.
Written by Lucy Bennett, edited by Janvi Unni
Mercedes enjoyed a successful season in 2021 with Nyck De Vries winning the drivers championship. And to top it all off, they won the constructors championship in what was a very tight season.
Alejandro Agag, Formula E Founder and Chairman, said: “We thank Mercedes for their support since joining the ABB FIA Formula E World Championship. Automotive manufacturers are facing EU and UK regulations to transition to a fully electric future, reinforcing Formula E’s vision.
“Formula E, the world’s first and only Net Zero Carbon championship, provides an unparalleled technology and marketing platform showcasing the future of electric mobility in iconic city centres around the world. We look forward to developing our championship with our partners, teams and manufacturers who share our commitment to an electric future.”
Jamie Reigle, Formula E Chief Executive Officer, said: “Mercedes have been a valued partner to the ABB FIA Formula E World Championship during Gen2. We look forward to working with the team to explore options for their entry for Gen3 which commences from 2023.
“Six of the world’s leading manufacturers are committed to Formula E’s Gen3 technology roadmap and expanding calendar of global cities. In partnership with the FIA, we will introduce financial regulations to enhance the financial sustainability for Formula E’s teams and manufacturers, ensuring our sport continues to serve as the driving force in the shift to electric mobility.”
Is there any other team you want to see in Formula E?