Mercedes-Benz Grand Prix Ltd (MGP) and Formula E Operations Ltd have signed an agreement by which Mercedes takes an option to enter the FIA Formula E Championship in Season 5. According to the option agreement, Mercedes may choose to be one of the maximum of 12 entries to be proposed by the Championship Promoter to the FIA to enter the 2018-19 Formula E Championship.
Mercedes could take one of the two new entries that will be allocated in season five – subject to approval of the FIA – when the all-electric racing series goes from the current format of two cars per driver, to a single car for the entire event.
The current 10 teams in Formula E are all expected to continue in Season 5 and beyond, on their current format, or joining forces with other OEM’s.
Alejandro Agag said: “We are delighted to confirm that we have reserved one of our two new entries in Season 5 for MGP. Formula E wants to become the platform where car manufacturers test and develop the technologies that they will then introduce on their road cars. Having the chance to include in the future a brand like Mercedes our Championship would be a major boost to achieve that objective. Formula E is becoming an exciting mix of consolidated manufacturers like Renault, Citroen-DS, Audi, Mahindra or Jaguar, and new futuristic brands like Faraday Future, NextEV, or the likes of major component manufacturers like Schaeffler and ZF. Mercedes would be a great addition to that growing line up.”
Toto Wolff said: “We have been watching the growth of Formula E with great interest. At the current time, we are looking at all the options available in the future of motor racing, and we are very pleased with an agreement that secures us an opportunity to enter the series in Season 5. Electrification will play a major role in the future of the automotive industry. Racing has always been a technology R&D platform for industry and this will make Formula E very relevant in the future.”
As the dominant force in Formula One, committing to a future in Formula E is a bold step for Mercedes Grand Prix and a huge vote of confidence in the success of the series. The development will no doubt have been facilitated by Liberty Media, who own shareholding in both Formula One and Formula E and recently confirmed intentions for the series to work in harmony in future calendar planning, management and possible driver sharing. Could we see Lewis Hamilton and Nico Rosberg duke out future championship challenges in Formula E?