McLaren Racing has confirmed its FIA Formula E participation after signing a deal with Mercedes to takeover its team.

Having signed an option to join Formula E back in January 2021, McLaren spent a year to understand the championship and how it could benefit them commercially. With the evaluation done, the team has formally confirmed its plan to join the series.

McLaren has agreed to acquire the Mercedes team and will enter Formula E under the Gen3 era from 2022/23 onward. The German manufacturer had decided to bid adieu to the series this year, but they extended their stay by one year after Gen2 regulations continued on.

But they will leave the series next year with McLaren taking over their slot where Ian James is to continue as the team boss for now. The driver line-up along with its powertrain supplier and commercial partners will be announced in due course of time.

This confirmation means McLaren now has teams in F1, IndyCar, Extreme E and Formula E. “McLaren Racing always seeks to compete against the best and on the leading edge of technology, providing our fans, partners and people with new ways to be excited, entertained and inspired,” said Zak Brown.

“Formula E, like all our racing series, fulfils all those criteria. As with all forms of the sport we participate in, Formula E has racing at the centre but will be strategically, commercially and technically additive to McLaren Racing overall.

“It is also satisfying to provide a home for the class-leading Formula E team that Mercedes has built, which will become a fully-fledged part of the McLaren Racing family. While run separately to our F1 and IndyCar teams, Formula E complements and builds out our EV racing programme alongside Extreme E.

“I firmly believe that Formula E will give McLaren Racing a competitive advantage through greater understanding of EV racing, while providing a point of difference to our fans, partners and people, and continuing to drive us along our sustainability pathway.”

At the same time, James added: “Today’s announcement confirms the next exciting chapter in the development of the team. Since our inception in 2019, performance, sustainability and adaptability have been the keys to our success. Mercedes-Benz have been the main enablers for this team so far and when we started this journey, we could only have hoped for the results we’ve achieved to date.

“The company’s clear objectives and technological expertise accelerated our ambitions, and I would like to thank them for being the most supportive owner by helping us to do what we do best: racing. Now, once again, they have been instrumental in securing the right partner to continue our Formula E journey.

“Becoming part of the McLaren Racing family is a privilege: McLaren has always been synonymous with success and high-performance. This is a great moment for all parties involved but, above all, for the people that make up this team. They are what keeps its heart beating. Being able to continue working with them is what I am most excited about.

“I’m very much looking forward for this next chapter for the team and will be a proud member of it in Season 9. Until then, we will be focused on delivering the best results possible as the Mercedes-EQ Formula E Team, for the remainder of the current season.”