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Formula E has extended its right to be the only all-electric single-seater world championship until 2048. We explain the details and implications of this massive new deal
Formula E’s agreement with the FIA to remain the sole all-electric single-seater world championship has been extended until 2048.
The extension is seen as a strategic move to accelerate the championship’s growth, attract more investment, and promote sustainable innovation in the automotive sector.
The initial 10-year extension includes an option for a further five-year extension, potentially taking it to 2053.
The agreement builds on the foundation laid in 2014 between Formula E founder Alejandro Agag and former FIA president Jean Todt.
As Formula E transitions to its fourth generation of car rules, it aims to enhance performance and competitiveness to align with other top-tier racing categories by 2048.
This milestone underscores the commitment to innovation, sustainability, and global participation, as highlighted by FIA President Mohammed Ben Sulayem and Liberty Global CEO Mike Fries.
