P1racenews AI automatic summary:
A major ownership expansion has been announced by a recently taken over Formula E team, featuring a huge name!
Kiro Race Co., competing as Cupra Kiro in Formula E this season, has disclosed a significant ownership expansion with celebrated actor Idris Elba joining as a co-owner. Elba, known for his roles in Luther and the Marvel Cinematic Universe, aligns with other strategic investors for the American FE team. The expansion group also includes American sports team owners like Tony Ressler and media deal-makers like Navid Mahmoodzagedan. This move is aimed at securing the team’s long-term future and advancing its growth as a sports franchise. Elba expressed excitement about the venture, stating that Formula E’s blend of sport, entertainment, and sustainability resonates with him.
