Tag Archives: Julius Baer

Formula E: Julias Bär confirmed as Title Partner for the Zürich ePrix

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Julius Bär – leading Swiss private banking group and Global Partner of the FIA Formula E Championship – has today been announced as the title sponsor for the historic first running of the Julius Bär Zürich E-Prix.

The electric street racing series will be bringing circuit racing back to Switzerland for the first time in over 60 years, with the inaugural Julius Bär Zürich E-Prix set to take place on June 10.

With its headquarters in Zürich, Julius Bär has been Formula E’s global partner since the inception of the championship in 2014. Julius Bär has been instrumental in bringing Formula E to the streets of Zürich for the very first time and have acquired the naming rights for the inaugural race.

Gian A. Rossi, Head Switzerland at Julius Bär, emphasises the Bank’s pioneering spirit and its commitment to future technologies as the main reason to support Formula E and the Zürich E-Prix: “Formula E is an investment in our society’s future. The racing series serves as a test bed for innovations advancing the future of mobility and ‘smart cities’. We firmly believe that in a country whose flair for innovation is the secret of its success, the racing series will generate great interest and underscore the image of Switzerland as a hotspot for technology. The decision to pick Zürich to stage the race is the right one – after all, it is a flagship for research and innovation as home to ETH, one of the two Swiss Federal Institutes of Technology, as well as being the country’s largest city.”

Racing had previously been forbidden in Switzerland for decades, with the last event taking place at Bremgarten circuit in 1954. However, a law change in 2015 lifted restrictions on fully-electric racing and paved the way for Formula E to bring electrifying wheel-to-wheel action to the streets of Zürich.

Alejandro Agag, Founder & CEO of Formula E, said: “It’s only fitting that at such an historic moment in the championship and for motorsport in general, one of the main protagonists in bringing racing back to Switzerland for the first time in over 60 years, has put its name to the first-ever Julius Baer Zürich E-Prix. Since even before the first race in 2014, our global partner has believed in the concept of electric street racing and has been instrumental in making the championship what it is today. Formula E makes history at every race, but on June 10, Formula E becomes the first category to bring back professional circuit racing to Switzerland – none of this would have been possible without Julius Baer and the vision of electric racing.”

Sebastien Buemi, Renault e.dams driver and proud Swiss, with his country’s flag emblazoned on his helmet, has stood on the top step of the podium 12 times before in Formula E, and will be looking to not only secure the Julius Bär pole position award, but put his name in the history books as the first professional circuit racer to win at home in over six decades.

“I cannot wait to be able to race on home soil – it’s something no other professional circuit racer has said in 63 years! The atmosphere of racing on the streets, coupled with having your home crowd cheering you on is something I’ve never experienced before and this will be one of my dreams achieved – I can’t thank everyone enough who has played their part in bringing racing back to Switzerland; from the city, the fans who have supported this, Julius Bär and Formula E,” the 2015/16 champion said.

Head to the Zürich ePrix website for all the latest on the event and to order your tickets, by clicking here

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Formula E: Ice Drive

Since the inception of Formula E little more than 3 years ago the championship has developed a real ‘can do’ attitude. The ‘no idea is a bad idea’ corporate language seen in offices across the globe is taken to it literal limit with the Formula E management team. So when the suggestion of taking a completing a demonstration run on an iceberg was proposed last year, the only question on the lips of Alejandro Agag and his team was when? not how.

Following the Marrakesh ePrix, an event twinned with COP22, the annual gathering of world leaders to address the issue of climate change, Formula E bought together key figures in the sport, media, and industry together for the première of ‘Ice Drive’. The film follows the team as they set about bringing to reality the challenge of taking a Formula E car to the ice caps and attempting to run the car on the ice.

The challenge proved to somewhat more difficult than a simple arrive and drive, and the obstacles the team had to deal with along the way serve to highlight the true impact of climate change. You may note I initially referred to Icebergs and latterly an Ice Cap. This was no mistake…

It was a privilege to receive an invitation to the première of this film, hearing Prince Albert II of Monaco speaking of his foundation, their involvement in the project, and his dedication to supporting initiatives to tackle climate change, alongside Lucas Di Grassi talking through his eye opening experience of spending time around the disintegrating ice caps and the challenge of driving a Formula E car on ice, was hugely inspiring if a little daunting.

Formula E recognise they have a platform to educate fans of the sport on matters of environmental sustainability and a responsibility to support projects addressing the issues directly. They take this seriously but remain mindful to do so in an engaging and unique way.

Enjoy the film!

Formula E: FIA Formula E takes to the Ice!

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The FIA Formula E Championship is made up a truly unique group of people, with an endless drive to amaze and inspire. They are a creative marketeers dream, and a health & safety insurers nightmare!

When faced with the challenge of bringing to life the impact of climate change, what could have more impact than landing a car on an ice cap for a demonstration run? With support from  Julius Baer, Visa, DHL, Schaeffler, The Prince Albert II of Monaco Foundation and Mumm Champagne House, Formula E bought this vision to life. The zero-emission racer was driven on the ice cap by adventurous race-winning Formula E driver and series ambassador, Lucas di Grassi.

The Brazilian, who will be seeking to go one better than his runner-up position in the season two championship when the series returns with the HKT Hong Kong ePrix on October 9, performed a series of jaw-dropping runs on the ice cap, inside the Arctic circle in the north of Greenland.

The seemingly impossible act was captured in a series of impactful short films that will draw the world’s attention to the escalating threat posed by the melting of the ice cap to global sea levels.

See the first of the films from the demonstration run here:

The stunning exhibition is a continuation of Formula E’s commitment to showcasing the ability of electric car technology to act as a key part of a more sustainable future, and play a vital role in tackling climate change.

Formula E CEO Alejandro Agag said: “I have four children and the future of the planet depends on how we can control the effect that human life is having on the environment and the climate. That is why I think climate change is very important to address, to control, to face, and everyone can do something. We do something for motorsport, other people can do something from whatever they do in their lives.”

Formula E vice-champion Lucas di Grassi said: “It was such a beautiful, peaceful place. To come here and see how huge the ice cap is and how the effect of global warming is changing it, melting it, gives me a completely different understanding of what we are doing with Formula E and the importance of driving electric cars.”

The event was only possible due to the co-operation and assistance of the Greenland government and its desire to raise awareness of a need for action on climate change. In order to learn more about the effects of the melting ice cap, Formula E has teamed up with Southampton University, and during the trip a tracking beacon was place upon an iceberg that had broken away from the ice sheet.

This will help to advance the research into the behaviour of these ice sheets in the open ocean, and the tracking device will allow climate scientists and fans alike to understand more about the graceful journey they undertake as they return back to the sea.

HSH Prince Albert II of Monaco said: “I fully support the bold and ambitious activity that Formula E has undertaken as a way of raising awareness of the effect climate change is having on the ice cap in Greenland. My Foundation recognises the role that electric vehicles can play in reducing greenhouse gas emissions and believes that Formula E can inspire a new generation of motorists and potential motorists to ‘drive electric’ and help in the fight against global warming through high-profile activations like this.”

A special 48-minute documentary looking at every aspect of how the event was put together has been commissioned and will be premiered at COP22, which takes place in Marrakesh, Morocco on November 13 this year. Formula E will also be in the North African country at the same time for the inaugural Marrakesh ePrix.