Industry News
China Racing Becomes Second Formula E Team
February 27, 2013
The new squad was officially proposed to the FIA as the second of 10 teams set to take part in the zero-emissions championship, which launches next year.
China Racing Becomes Second Formula E Team

The FIA’s new electric racing formula is gathering speed with the launch of the FIA Formula E Team China Racing.

The new squad was officially proposed to the FIA as the second of 10 teams set to take part in the zero-emissions championship, which launches next year.

The announcement was made during a gathering this week at the Place de la Concorde, in which Alejandro Agag, the CEO of promoter Formula E Holdings, and Yu Liu, the Chairman of Team China Racing, met with FIA President Jean Todt. Also present were Steven Lu, CEO of Team China Racing, and Liang JianSheng, First Secretary of the Chinese Embassy.
 
Agag said that China has “enormous potential” for the expansion of electric vehicles as a way to fight pollution in cities. “We think the FIA Formula E Championship can be a powerful tool to make electric cars popular with the Chinese public, particularly the younger generations,” he said. “Having a Chinese team with us in the Championship will be key to succeeding in that challenge.”
 
The zero-emissions championship, which begins next year, will feature electric-powered cars racing on city street circuits. This most recent announcement follows the launch last month of the FIA Formula E Team Drayson.
 
While Team China Racing will initially use the Formula E customer car currently being developed by Spark Racing Technology (SRT), McLaren and Dallara, its aim is to build its own Chinese electric formula cars within three years, supported by Chinese EV manufacturers.
 
Team China Racing has previously competed in championships including A1GP, Superleague Formula and FIA GT1.