Latest news with #FIAWorldChampionship
Biz Bahrain
4 days ago
- Automotive
- Biz Bahrain
FIA and Formula E sign landmark extension to power Formula E World Championship for another 10 years
The Fédération Internationale de l'Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has announced a significant multi-year extension to its agreement with Formula E Holdings Limited (majority owned by Liberty Global) for the continued promotion of the FIA Formula E World Championship (Formula E) within the all-electric single-seater category. This agreement solidifies Formula E's bright future at the forefront of international motor sport. It provides a powerful platform to accelerate the Championship's growth trajectory, attract further investment, scale its global impact and pave the way for sustainable innovation in the wider automotive sector. Under current plans, Formula E is set to continue its ambitious and phased development strategy for its racing cars, delivering faster top speeds, greater acceleration, enhanced aerodynamics and improved tyre performance to continue producing some of the closest and most competitive racing in world motor sport. These developments showcase the increased relevance to consumers and the wider EV market, with greater 'race to road' technology transfer. The long-term extension will enable Formula E to build further on this work, providing the FIA World Championship with the long-term vision and support to thrive in the years to come. It opens the door to strategic long-range partnerships and expanded fan engagement. With electric vehicle sales set rise to over 40% of global vehicle sales by 2030 , and global lithium-ion battery production expected to triple by 2030 , the relevance of Formula E and advancements in this field are more important than ever. At the heart of this shift, the FIA Formula E World Championship, showcases what's possible in modern electric racing and plays a pioneering role in shaping the technologies that will define the road vehicles of the future. The Formula E GEN3 Evo, which launched earlier this year, is already a step-change in performance: 0-60mph in just 1.82 seconds (30% faster than a current Formula 1 car), a 200mph top speed, and almost 50% of energy needed to complete a race regenerated during a race. It is designed with sustainability at its core and includes tyres made with 35% recycled materials and bodywork incorporating recycled carbon fibre and natural fibres. Already backed by a roster of leading manufacturer brands such as Porsche, Jaguar, Nissan, Maserati, Stellantis, Mahindra and Lola-Yamaha, Formula E is the only all-electric single-seater series competing at the highest level – offering a unique blend of intense competition, cutting edge-technology, and sustainability-focused leadership. Since its first race in Beijing in 2014, Formula E has become a global motorsport success story – growing by 20% year-on-year to reach circa 400m fans around the world and attracting a television audience of approximately half a billion. Featuring 11 world-class teams and 22 elite drivers, the Championship races through incredible locations including Monaco, Tokyo, London, Shanghai and Miami, delivering thrilling, purpose-driven sport in the heart of the world's most iconic cities. Solidifying its global standing as a beacon of sustainability Formula E has been ranked the top ESG sport in the world for the third consecutive year . Coupled with substantial annual reductions in freight emissions and the lasting positive legacy of its Better Future Fund in host cities, Formula E is poised for an even stronger and more impactful future. Mohammed Ben Sulayem, President at the FIA, said: 'The extension of the agreement governing the FIA Formula E World Championship is a fantastic outcome for the sport and a clear reflection of our ongoing strategy at the FIA to foster long-term stability, innovation, and growth across all areas of motorsport. 'This milestone reaffirms our commitment to innovation, sustainability, and technological progress, which are all central to the Championship's unique identity and purpose. It also aligns with our broader goal of increasing global participation and driving more accessible motorsport for all. We are delighted to be continuing this journey with Formula E, and I look forward to seeing it grow even further, both on and off the track, in the years to come.' Craig Edmondson, Chief Commercial Officer at the FIA, said: 'Formula E has not only demonstrated impressive growth since its inception, but has also led the way on sustainable innovation in our industry. This is a landmark agreement for the FIA and Formula E, and we are excited to be working with the Championship in the years to come.' Mike Fries, CEO at Liberty Global, said: 'We've believed in Formula E since day one, and this extension reaffirms our confidence in where it's headed. This is the motorsport of the future – a championship that combines the very latest technology, close-combat racing, and a mission that really matters. 'With the FIA's continued backing, we can now take the next big steps – scaling the sport, growing its global fanbase, and continuing to push the boundaries of what electric racing can achieve. With this new agreement in place, Formula E is now positioned better than ever to define the future of motorsport – more innovative, more inclusive, more sustainable – and to inspire the next generation of fans, drivers, and partners around the world.' Jeff Dodds, CEO at Formula E, said: 'Formula E's growth since its inception has been nothing short of extraordinary, with hundreds of millions of fans and world-class teams and drivers deciding to choose highly competitive electric racing. This long-term extension of the partnership enables us to continue building the brand, investing in the product and delivering some of the most captivating racing that has made us famous. With this long-term extension, the opportunity that Formula E now has to impact world motorsport will be truly transformational.'
Mid East Info
5 days ago
- Automotive
- Mid East Info
FIA and Formula E sign landmark extension to power Formula E World Championship for another 10 years - Middle East Business News and Information
Multi-year agreement secures the rights to the FIA Formula E World Championship for an additional term of 10 years from 2038, when the current agreement ends Extension unlocks long-term growth and investment opportunities for the world's premier electric motor sport championship Formula E has seen 20% year-on-year growth since inception and continues to accelerate fan engagement and manufacturer interest The Fédération Internationale de l'Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has announced a significant multi-year extension to its agreement with Formula E Holdings Limited (majority owned by Liberty Global) for the continued promotion of the FIA Formula E World Championship (Formula E) within the all-electric single-seater category. This agreement solidifies Formula E's bright future at the forefront of international motor sport. It provides a powerful platform to accelerate the Championship's growth trajectory, attract further investment, scale its global impact and pave the way for sustainable innovation in the wider automotive sector. Under current plans, Formula E is set to continue its ambitious and phased development strategy for its racing cars, delivering faster top speeds, greater acceleration, enhanced aerodynamics and improved tyre performance to continue producing some of the closest and most competitive racing in world motor sport. These developments showcase the increased relevance to consumers and the wider EV market, with greater 'race to road' technology transfer. The long-term extension will enable Formula E to build further on this work, providing the FIA World Championship with the long-term vision and support to thrive in the years to come. It opens the door to strategic long-range partnerships and expanded fan engagement. With electric vehicle sales set rise to over 40% of global vehicle sales by 2030[1], and global lithium-ion battery production expected to triple by 2030[2], the relevance of Formula E and advancements in this field are more important than ever. At the heart of this shift, the FIA Formula E World Championship, showcases what's possible in modern electric racing and plays a pioneering role in shaping the technologies that will define the road vehicles of the future. The Formula E GEN3 Evo, which launched earlier this year, is already a step-change in performance: 0-60mph in just 1.82 seconds (30% faster than a current Formula 1 car), a 200mph top speed, and almost 50% of energy needed to complete a race regenerated during a race. It is designed with sustainability at its core and includes tyres made with 35% recycled materials and bodywork incorporating recycled carbon fibre and natural fibres. Already backed by a roster of leading manufacturer brands such as Porsche, Jaguar, Nissan, Maserati, Stellantis, Mahindra and Lola-Yamaha, Formula E is the only all-electric single-seater series competing at the highest level – offering a unique blend of intense competition, cutting edge-technology, and sustainability-focused leadership. Since its first race in Beijing in 2014, Formula E has become a global motorsport success story – growing by 20% year-on-year to reach circa 400m fans around the world and attracting a television audience of approximately half a billion. Featuring 11 world-class teams and 22 elite drivers, the Championship races through incredible locations including Monaco, Tokyo, London, Shanghai and Miami, delivering thrilling, purpose-driven sport in the heart of the world's most iconic cities. Solidifying its global standing as a beacon of sustainability Formula E has been ranked the top ESG sport in the world for the third consecutive year[3]. Coupled with substantial annual reductions in freight emissions and the lasting positive legacy of its Better Future Fund in host cities, Formula E is poised for an even stronger and more impactful future. Mohammed Ben Sulayem, President at the FIA, said: 'The extension of the agreement governing the FIA Formula E World Championship is a fantastic outcome for the sport and a clear reflection of our ongoing strategy at the FIA to foster long-term stability, innovation, and growth across all areas of motorsport. 'This milestone reaffirms our commitment to innovation, sustainability, and technological progress, which are all central to the Championship's unique identity and purpose. It also aligns with our broader goal of increasing global participation and driving more accessible motorsport for all. We are delighted to be continuing this journey with Formula E, and I look forward to seeing it grow even further, both on and off the track, in the years to come.' Craig Edmondson, Chief Commercial Officer at the FIA, said: ' Formula E has not only demonstrated impressive growth since its inception, but has also led the way on sustainable innovation in our industry. This is a landmark agreement for the FIA and Formula E, and we are excited to be working with the Championship in the years to come.' Mike Fries, CEO at Liberty Global, said: 'We've believed in Formula E since day one, and this extension reaffirms our confidence in where it's headed. This is the motorsport of the future – a championship that combines the very latest technology, close-combat racing, and a mission that really matters. 'With the FIA's continued backing, we can now take the next big steps – scaling the sport, growing its global fanbase, and continuing to push the boundaries of what electric racing can achieve. With this new agreement in place, Formula E is now positioned better than ever to define the future of motorsport – more innovative, more inclusive, more sustainable – and to inspire the next generation of fans, drivers, and partners around the world.' Jeff Dodds, CEO at Formula E, said: ' Formula E's growth since its inception has been nothing short of extraordinary, with hundreds of millions of fans and world-class teams and drivers deciding to choose highly competitive electric racing. This long-term extension of the partnership enables us to continue building the brand, investing in the product and delivering some of the most captivating racing that has made us famous. With this long-term extension, the opportunity that Formula E now has to impact world motorsport will be truly transformational.' ENDS Notes to Editors: The Fédération Internationale de l'Automobile (FIA) is the governing body for world motor sport and the federation for mobility organisations globally. It is a non-profit organisation committed to driving innovation and championing safety, sustainability and equality across motor sport and mobility. Founded in 1904, with offices in Paris, London and Geneva, the FIA brings together 245 Member Organisations across five continents, representing millions of road users, motor sport professionals and volunteers. It develops and enforces regulations for motor sport, including seven FIA World Championships, to ensure worldwide competitions are safe and fair for all. Formula E Holdings Limited is currently owned in its majority by Liberty Global and is the promoter of the FIA Formula E World Championship. [1] IEA – More than 1 in 4 cars sold worldwide this year is set to be electric as EV sales continue to grow [2] EY – How to stay competitive in future battery manufacturing innovation? [3]
Web Release
5 days ago
- Automotive
- Web Release
FIA AND FORMULA E SIGN LANDMARK EXTENSION TO POWER FORMULA E WORLD CHAMPIONSHIP FOR ANOTHER 10 YEARS
The Fédération Internationale de l'Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has today announced a significant multi-year extension to its agreement with Formula E Holdings Limited (majority owned by Liberty Global) for the continued promotion of the FIA Formula E World Championship (Formula E) within the all-electric single-seater category. This agreement solidifies Formula E's bright future at the forefront of international motor sport. It provides a powerful platform to accelerate the Championship's growth trajectory, attract further investment, scale its global impact and pave the way for sustainable innovation in the wider automotive sector. Under current plans, Formula E is set to continue its ambitious and phased development strategy for its racing cars, delivering faster top speeds, greater acceleration, enhanced aerodynamics and improved tyre performance to continue producing some of the closest and most competitive racing in world motor sport. These developments showcase the increased relevance to consumers and the wider EV market, with greater 'race to road' technology transfer. The long-term extension will enable Formula E to build further on this work, providing the FIA World Championship with the long-term vision and support to thrive in the years to come. It opens the door to strategic long-range partnerships and expanded fan engagement. With electric vehicle sales set rise to over 40% of global vehicle sales by 2030[1], and global lithium-ion battery production expected to triple by 2030[2], the relevance of Formula E and advancements in this field are more important than ever. At the heart of this shift, the FIA Formula E World Championship, showcases what's possible in modern electric racing and plays a pioneering role in shaping the technologies that will define the road vehicles of the future. The Formula E GEN3 Evo, which launched earlier this year, is already a step-change in performance: 0-60mph in just 1.82 seconds (30% faster than a current Formula 1 car), a 200mph top speed, and almost 50% of energy needed to complete a race regenerated during a race. It is designed with sustainability at its core and includes tyres made with 35% recycled materials and bodywork incorporating recycled carbon fibre and natural fibres. Already backed by a roster of leading manufacturer brands such as Porsche, Jaguar, Nissan, Maserati, Stellantis, Mahindra and Lola-Yamaha, Formula E is the only all-electric single-seater series competing at the highest level – offering a unique blend of intense competition, cutting edge-technology, and sustainability-focused leadership. Since its first race in Beijing in 2014, Formula E has become a global motorsport success story – growing by 20% year-on-year to reach circa 400m fans around the world and attracting a television audience of approximately half a billion. Featuring 11 world-class teams and 22 elite drivers, the Championship races through incredible locations including Monaco, Tokyo, London, Shanghai and Miami, delivering thrilling, purpose-driven sport in the heart of the world's most iconic cities. Solidifying its global standing as a beacon of sustainability Formula E has been ranked the top ESG sport in the world for the third consecutive year[3]. Coupled with substantial annual reductions in freight emissions and the lasting positive legacy of its Better Future Fund in host cities, Formula E is poised for an even stronger and more impactful future. Mohammed Ben Sulayem, President at the FIA, said: 'The extension of the agreement governing the FIA Formula E World Championship is a fantastic outcome for the sport and a clear reflection of our ongoing strategy at the FIA to foster long-term stability, innovation, and growth across all areas of motorsport. 'This milestone reaffirms our commitment to innovation, sustainability, and technological progress, which are all central to the Championship's unique identity and purpose. It also aligns with our broader goal of increasing global participation and driving more accessible motorsport for all. We are delighted to be continuing this journey with Formula E, and I look forward to seeing it grow even further, both on and off the track, in the years to come.' Craig Edmondson, Chief Commercial Officer at the FIA, said: 'Formula E has not only demonstrated impressive growth since its inception, but has also led the way on sustainable innovation in our industry. This is a landmark agreement for the FIA and Formula E, and we are excited to be working with the Championship in the years to come.' Mike Fries, CEO at Liberty Global, said: 'We've believed in Formula E since day one, and this extension reaffirms our confidence in where it's headed. This is the motorsport of the future – a championship that combines the very latest technology, close-combat racing, and a mission that really matters. 'With the FIA's continued backing, we can now take the next big steps – scaling the sport, growing its global fanbase, and continuing to push the boundaries of what electric racing can achieve. With this new agreement in place, Formula E is now positioned better than ever to define the future of motorsport – more innovative, more inclusive, more sustainable – and to inspire the next generation of fans, drivers, and partners around the world.' Jeff Dodds, CEO at Formula E, said: 'Formula E's growth since its inception has been nothing short of extraordinary, with hundreds of millions of fans and world-class teams and drivers deciding to choose highly competitive electric racing. This long-term extension of the partnership enables us to continue building the brand, investing in the product and delivering some of the most captivating racing that has made us famous. With this long-term extension, the opportunity that Formula E now has to impact world motorsport will be truly transformational.'
IOL News
11-06-2025
- Automotive
- IOL News
No Formula One, Formula E or W2RC for SA in 2026: sources
By: Double Apex The FIA World Motor Sport Council recently met in Macau and made a few vital decisions regarding the top echelons of the sport. Among the decisions that were ratified include 2025 calendars for all the FIA World Championship events. Sadly, there will be no F1, Formula E or W2RC for SA in 2026. The 2026 F1 calendar commences in Australia on 8 March with the season finale in Abu Dhabi on 6 December. The 2026 schedule will, once again, feature 24 races. Interestingly, Imola has been replaced by Madrid. So we have gone from there being two races in Italy to having two races in Spain. The USA still hosts three rounds (Miami, Austin and Las Vegas). More attention has been paid to geographical flow for better efficiency. As a result there are groupings of races in particular geographical areas. Local F1 fans have been dreaming of a race taking place on local soil for years. The minister of sport has been quite vocal about the success of his tenure resting on him being able to bring a race to SA. The department has even taken bids from a few interested parties. The idea being that the most successful bid would be presented to the FIA. The entire process seems to have gone quiet. Our sources tell us that none of the bids were of an adequate level to impress the FIA and Formula One. As a result, no local company ie promoter has yet been appointed to pitch to the sport's governing body. Stefano Domenicali, president and CEO of Formula 1, said: '2026 will be a new era for Formula 1 where we will witness a brand-new set of regulations for our sport, the cars and the engines that will be powered by 100% sustainable fuel. "We are excited to welcome Madrid to the calendar, and to see huge automotive brands like Audi, Cadillac and Ford join the Formula 1 grid. It promises to be an unforgettable season, where once again we will come together at 24 amazing global venues to watch the best drivers in the world push themselves to the limit and produce incredible wheel to wheel racing for our millions of fans watching around the globe.' No W2RC or Formula E Either Surprisingly, there will be no W2RC in SA either. The third round of the 2025 series, which started with the Dakar Rally, visited SA just a few weeks ago. By all accounts it was a success with visiting teams impressed by the organisation of the event as well as the variety of terrain. Rally raid legend Nasser Al Attiyah said of the event: 'It was really nice to be here in South Africa. We'd like to come back.' It was a sentiment echoed by WRC icon Sebastien Loeb: 'It is my second time in South Africa, but my first outside Cape Town where I raced in World Rallycross. Going on safari and seeing so much of the landscape during the stages was very beautiful.' Formula E won't be making a return to SA either in 2026. The sole event in SA, which took place a few years ago, was voted the best of the 2023 season. Cape Town's street circuit provided exciting racing and a picturesque backdrop in the form of Table Mountain and the Atlantic Seaboard. There is, however, a double-header blank spot in the 2026 schedule. But will we see the series race on local soil again…? Article courtesy of Double Apex
Qatar Tribune
09-06-2025
- Automotive
- Qatar Tribune
Japan and FIA united in driving global progress: Ben Sulayem
Agencies Dubai FIA President Mohammed Ben Sulayem has completed an official visit to Japan, reaffirming the strong ties between the Federation and one of the world's most influential nations in mobility and motorsport. As the governing body for world motorsport and the federation for mobility organisations worldwide, the FIA is committed to building partnerships that drive innovation, safety, and sustainability. Hosted by the Japan Automobile Federation (JAF) and President Masayoshi Sakaguchi, the visit offered vital insights into Japan's investment in smart infrastructure and the evolving role of cities as arenas for both mobility innovation and sporting events. Japan continues to be a vital partner in advancing the FIA's goals, and this visit highlighted the shared commitment of both Japan and the FIA to accelerate progress across the global transport and motorsport arenas. During his official visit, Ben Sulayem met with key national figures including Prime Minister Shigeru Ishiba, Koji Murofushi, Commissioner of the Japan Sports Agency, and Hiromasa Nakano, Minister of Land, Infrastructure, Transport and Tourism. Their discussions focused on common challenges and opportunities – from advancing cleaner technologies and enhancing road safety, to expanding access to motorsport and preparing for the future of urban mobility. Reflecting on his visit, Ben Sulayem said: 'This has been an important milestone for the FIA as we deepen our relationship with Japan – a country that continues to lead by example in both mobility innovation and motorsport development. 'It was a personal honour to meet with Prime Minister Ishiba and leading ministers, and to witness firsthand the energy and commitment driving progress across the sector. 'From transformative government policies to world-class sporting activities including four FIA World Championship events, Japan shows how integrated approaches to mobility and sport can serve society. 'The JAF's dual role as a sport and mobility leader, representing more than 20 million members and hosting our Championships, is truly remarkable and I am grateful for their hospitality and support.' Ben Sulayem also highlighted the significance of having Mr. Akio Toyoda, Chairman of Toyota, as an active member of the FIA Senate, symbolising the close and constructive relationship between Japan's automotive leaders and the FIA's global mission. The visit comes at a time of notable growth and renewed momentum for Japan's motorsport and mobility sectors. JAF now reports over 200,000 licensed racing drivers – a 20% increase over the past five years – with the 2025 Formula 1 Japanese Grand Prix recording its highest attendance since 2006. At the same time, Japan's broader mobility ecosystem continues to inspire on the world stage through cutting-edge innovation in smart cities, hydrogen, and sustainable technologies. With a mobility-first approach to infrastructure design that is seeing smart-transport apps rank among one of the fastest growing national services and a smart transportation market valued last year at $6.9 billion, Japan is a pioneer in the real-world integration of new technologies. Ben Sulayem has quickly moved on from Japan to Macau for the 2025 FIA Extraordinary General Assembly and Annual Conference starting on Tuesday and welcoming over 500 senior FIA delegates across mobility and motorsport from 149 countries.
