P1racenews AI automatic summary:
NIO 333 rebrands as ERT for 2024 Formula E season
The Silverstone-based team, formerly known as NEXTEV and NIO 333, has been involved in the all-electric Formula E championship since its formation in 2014-15. NIO’s partnership with the team began in the inaugural season. Over the years, the team has undergone rebranding and ownership changes, with the most recent change resulting in the team being renamed as ERT Formula E Team. The team’s performance has improved in recent seasons, with drivers Dan Ticktum and Sergio Sette-Camara achieving the team’s best finish in the standings since 2017-18. The team will commence pre-season testing next week, following an investment from an undisclosed entity that has resulted in NIO’s departure. The team aims to utilize its independent powertrain and software development capabilities to improve electric vehicle performance and explore partnerships within the automotive and motorsport industries. Additionally, Formula E recently announced its 16-round calendar, which includes two races in Shanghai.
Source: motorsport
