P1racenews AI automatic summary:
Formula E is losing one big brand at the end of this season, not long after big claims about the series’ growth. If those figures are correct, why isn’t the grid benefitting?
McLaren’s struggles in trying to save its Formula E teams were influenced by a combination of circumstances and the isolated nature of the all-electric world championship.
The NEOM McLaren Formula E license had six months to secure new investment and secure a future, ultimately leading to the team’s departure from Formula E.
Despite positive audience and social media growth data from Formula E, doubts persist regarding the methodology and accuracy of the reported figures.
Questions arise regarding the translation of impressive media growth figures into tangible benefits for Formula E teams, attracting new partners, manufacturers, and corporate sponsors.
The inability of McLaren to secure a buyer and continue racing in Formula E raises concerns about the sustainability and competitiveness of the series, despite its reported media success.
