Formula E

Formula E forms partnership with technology firm, changes series’ name

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Formula E announced this morning a partnership with major technology company ABB that will also change the series’ name.

Going forward immediately, the series will now be known as the “ABB FIA Formula E Championship.”

The partnership makes plenty of sense. Switzerland-based ABB is a pioneer in electric vehicle technology, and Formula E cars are powered by electric batteries, not gas.

“Today, two pioneers are uniting,” ABB CEO Ulrich Spiesshofer said. “ABB and Formula E are a natural fit at the forefront of the latest electrification and digital technologies.

“Together, we will write the next phase of the development of this exciting racing partnership and foster high-performance teams. Together, we will write the future – one electrifying race at a time.”

ABBs Ulrich Spiesshofer and Formula E chief Alejandro Agag

Added Alejandro Agag, founder and CEO of Formula E: “This is a historic day for Formula E and I’m honored to welcome ABB as the title and technology partner of the series, with its background and expertise in the field of electrification and digital technologies.

“Our two companies are synonymous with pushing the boundaries of what is possible. Together, as partners, we will showcase breakthrough technology on a global scale to fans and consumers who follow the ABB FIA Formula E Championship.”

According to a report by The Associated Press, the deal between ABB and Formula One is seven years and reportedly worth $100 million over that term.

Formula E held its first race in Beijing, China in September 2014 and quickly became the No. 1 all-electric motor sport. The series has expanded to some of the biggest international markets in the world including New York, Hong Kong, Paris and Zurich.

There currently are 10 teams and 20 drivers competing in 11 cities across five continents, with the season championship scheduled for July.

The next Formula E race is this Saturday in Marrakesh, Morocco.

Formula E: Vergne outlasts di Grassi for Punta del Este victory

Photo: Getty Images
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Saturday’s Punta del Este ePrix did not disappoint, with Techeetah’s Jean-Eric Vergne and Audi Sport ABT Schaeffler’s Lucas di Grassi engaging in a thrilling battle throughout the entire race.

Vergne led the way from the pole, having been promoted up the grid after original pole sitter di Grassi was ruled to have cut a chicane during his pole lap, but di Grassi was right on the back wing of Vergne the entire way and made several attempts to get by.

The intense battle between the two, which saw them nearly lock Vergne’s rear wing with di Grassi’s front nose, stayed remarkably clean for the most part, and Vergne was able to hold off all of di Grassi’s advances, a few of which can be viewed below, to take the win.

DS Virgin Racing’s Sam Bird was also on the charge, the British driver coming from ninth on the grid to take third.

Full race results can be viewed here. The victory sees Vergne extend his points lead over Mahindra Racing’s Felix Rosenqvist, who finished fifth, to 30 points, with Vergne on 109 markers and Rosenqvist on 79.

Bird sits third with 76 points, respectively.