P1racenews AI automatic summary:
What’s now the Citroen Formula E team has had a very strange two years off-track, and it’s not getting any clearer
The ownership issue of Monaco Sports Group (MSG), operator of the Citroen Formula E team, remains unresolved despite the appointment of Beth Paretta as the new managing director.
Paretta was appointed after Liberty Global’s ‘Special Purpose Vehicle’ failed to acquire the team originally licensed to Maserati, now operating as Citroen.
There is controversy surrounding Paretta’s appointment in the Formula E paddock due to her previous role as vice-president of sporting at Formula E Operations, owned by Liberty Global.
Her appointment was internal until confirmed last Friday at Tempelhof, raising questions as she was seen at the Madrid E-Prix in March in FEO kit.
The backstory of MSG’s abandoned sale to Liberty involves its inception in 2021 from the original Venturi team, forming an alliance with Stellantis under the Maserati brand for Gen3 in 2023.
The troubled campaign led to the Aznar and Swid backing out in 2024 and a failed acquisition following financial discrepancies reported by The Race in March 2025.
The MSG team’s licence reverted to Formula E Operations, leaving the situation leading to Paretta’s appointment as a key point in the team’s tumultuous history.
