Porsche has decided to extent its commitment to Formula E by two years from what they already have for the current time.
When Porsche entered Formula E in 2019, its involvement in the world’s first electric racing series was initially envisaged to run for five years until the 2023/2024 season. In the lead up to the London E-Prix (July 29/30), the Stuttgart-based sports car manufacturer has made an early call to extend its commitment by two years until the end of the 2025/2026 season. Until then, the latest third-generation race cars (Gen3) such as the Porsche 99X Electric will be fielded in the ABB FIA Formula E World Championship. In addition, Porsche will be actively involved in the design of the subsequent fourth-generation vehicle, which will be fielded from season 13 (2026/2027).
“With our entry into Formula E, we have opened a new chapter in all-electric motorsport,” says Michael Steiner, Member of the Executive Board for Research and Development at Porsche AG. “We’re convinced that our presence and successes in Formula E will continue to lay a foundation for future mobility solutions. It offers the most competitive environment to accelerate the development of high-performance vehicles with a focus on environmental friendliness and energy efficiency. We look forward to actively shaping the successful future of Formula E and thereby giving electric mobility even more momentum on a global scale.”
“We want to showcase innovative technologies and more sustainability in motor racing and be on the leading edge of new developments,” says Thomas Laudenbach, Vice President of Porsche Motorsport. “Formula E plays a major role in this. The competition in this series is exceptionally high and enables us to provide important impetus for future production models. With such top-level and enthralling races, it excites people around the globe about electric mobility. We’re pleased to contribute to this in the future as well. We want to help shape Formula E in the long term.”
Alejandro Agag, Founder and Chairman, Formula E, said: “Porsche has been a valued and influential team since joining Formula E and we are excited that this will continue. The championship is enabling Porsche to accelerate development of the innovative EV technologies we see in their road cars, while the team is an active member of the group, driving the development of the next generation of Formula E cars to arrive in season 13.”
Jeff Dodds, CEO, Formula E, said: “Porsche’s commitment to racing in the ABB FIA Formula E World Championship will undoubtedly maintain the quality of sporting competition and entertainment at the highest level in the coming seasons. Porsche’s presence on the grid battling against other iconic racing automakers is what makes Formula E the most competitive grid in motorsport.”
[Note: The story is as per press release]