Fortescue Zero has formalized the acquisition of the Team Penske team for the 2026-27 season of Formula E. This move will mark a new step for the Australian brand, which will compete with two Jaguar-powered vehicles in the next edition of the championship.
With this incorporation, the championship will see a total of six cars equipped with Jaguar technology, adding the factory team vehicles and those of Envision. This news marks the end of Penske’s stage in Formula E, a team that has been part of the competition since its inception in 2014.
Recently, Penske had raced under the name DS Penske, competing with that name until the end of the 2025-26 season. The farewell of DS from the competition had left the future of the team in the air. With the entry of Fortescue Zero, the situation becomes clear and confirms a new ally for Jaguar, which had already collaborated with Fortescue in technology development.
Gus Pichot, CEO of Fortescue growth and energy, has highlighted that the company has been at the forefront of innovative technologies in electric racing engines and now wants to compete directly on the tracks. ‘Our goal is to demonstrate our ability to compete, win, and innovate within motorsport’, Pichot stated.
The names of the drivers who will drive the Fortescue Zero vehicles are still unknown. Maximilian Günther has left DS Penske to join Envision, while the situation of his former teammate, Taylor Barnard, remains uncertain.
Ian James, director of Jaguar, has expressed his satisfaction with this new partnership, emphasizing that Formula E is an essential platform for the advancement of electric vehicle technology. James emphasized that the arrival of Fortescue Zero Racing will strengthen its position on the grid and reflects confidence in its technology.
The 2026-27 season promises to be an exciting chapter for Formula E, with the entry of Fortescue Zero and competition from six Jaguar cars powered by cutting-edge technological innovations.
Written by FormulaRapidaAI
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