China Racing becomes second Formula E team

The FIA’s new Formula E electric racing series is picking up speed. China Racing has been officially proposed as the second of ten teams that will compete in the zero-emissions championship, which launches next year (UK team Drayson Racing was the first team to sign up, in January).

The announcement was made this week at a ceremony at the Place de la Concorde in Paris, attended by Alejandro Agag, the CEO of promoter Formula E Holdings, Yu Liu, the Chairman of Team China Racing, and FIA President Jean Todt.

“We are very excited that the FIA is launching an electric car racing series and we are proud to be one of the first Formula E teams,” said Liu. “I believe Formula E is a perfect platform for China Racing and our key partners to get involved in the future of motor sport. Our presence in the Championship will encourage millions of Chinese fans to follow the series.”

Agag said that China has “enormous potential” for the expansion of electric vehicles as a way to fight pollution in cities. “We think the FIA Formula E Championship can be a powerful tool to make electric cars popular with the Chinese public, particularly the younger generations,” he said. “Having a Chinese team with us in the Championship will be key to succeeding in that challenge.”

Like Drayson, Team China will initially use the Formula E customer car currently being developed by Spark Racing Technology (SRT), McLaren and Dallara, but plans to build its own Chinese electric formula cars within three years, supported by Chinese EV manufacturers.

Liu added: “Our experience in racing event management will contribute to a successful Formula E city race in China showcasing electric formula cars with a futuristic sound and zero-emissions. We also believe this is a good platform for Chinese and global EV companies to do our part to help create a sustainable planet.”