The Formula E competition is preparing for a new phase with the announcement of the purchase of Team Penske’s operation by Fortescue Zero. This change will occur in the 2026-27 season, during which the Australian team will compete with two cars that will use Jaguar motors.
With this acquisition, Fortescue Zero adds its name to the grid of the electric competition, which will start its new season in December. This will increase the number of cars with Jaguar motors on the track to six, joining the four already existing, which include Jaguar’s factory team and Envision.
The decision marks the end of Penske’s era in Formula E, which was one of the founding teams of the competition in 2014. Over the years, the team has changed names and associations with various manufacturers, the most recent being its collaboration with DS, which has come to an end for the 2025-26 season.
Gus Pichot, CEO of Fortescue, stated that “Fortescue Zero has been behind many innovative technologies in the world of electric racing. Now we want to show that we can also compete on the track, progressing from the pit lane to the grid.”
The drivers of the new team have not yet been confirmed, especially after the departure of Maximilian Günther to Envision. The future of another former team member, Taylor Barnard, is also uncertain.
Ian James, head of Jaguar, expressed his satisfaction with this new collaboration, emphasizing that Formula E remains an ideal platform for developing electric vehicle technologies. “With Fortescue Zero Racing on the grid, we reinforce Jaguar’s presence and our shared passion for technological innovation,” added James.
The new Gen4 era represents an exciting chapter for Formula E, and the addition of six Jaguar cars to the competition underscores the strength of its program and confidence in its technology.
Written by FormulaRapidaAI
