The FIA extended its agreement with Formula E until 2053, ensuring that no other single-seater series can use electric engines. The new contract adds 15 years to the current agreement that was set to expire in 2038, with an option for five additional years. Liberty Global, majority owner of Formula E, has thus guaranteed that its championship won't face direct competition from other single-seater categories that might want to go electric.
The distinction is important: other championships like rally, GT or endurance can develop their own electric categories, but single-seaters are Formula E's exclusive territory. This barrier prevents any other FIA single-seater series from transitioning to electric engines and competing directly with Formula E for manufacturers and audiences.
F1 fans can rest easy
For many traditional motorsport fans, this agreement brings relief. Concerns about a potential transition of Formula 1 to pure electric propulsion are now ruled out until 2053. Fans who prefer internal combustion engines can rest assured: F1 will maintain this type of propulsion during that period. F1's transition to hybrid engines in 2014 faced resistance from some fans due to the change in sound and lower noise levels.
Formula E prepares faster cars
The GEN4 Formula E cars arriving in 2026-27 will feature permanent all-wheel drive and 600kW of power. Initial simulations suggest speeds that could surpass Formula 2, bringing Formula E closer to the speed level of higher categories. They also plan to use more permanent circuits in addition to the current street races.
Oliver Rowland from Nissan already clinched the 2024-25 season championship with two races remaining, becoming the tenth different winner in eleven seasons. This parity is one of Formula E's attractions compared to the dominance sometimes seen in other series.
Formula E consolidates its growth
Electric vehicle sales are projected to reach 40% of the global market by 2030, while battery production will triple. Formula E capitalizes on this trend with manufacturers like Porsche, Jaguar and Nissan committed long-term, although McLaren leaves the series this weekend to focus on its LMDH program in WEC.
Formula E has reached 400 million followers worldwide with 20% annual growth since its debut in 2014. The series races in cities like Monaco, Tokyo, London and Miami with 22 drivers across 11 teams, attracting approximately 500 million TV viewers. The category has been recognized as the world's most sustainable sport for the third consecutive year, combining entertainment with an environmental message that appeals to younger audiences interested in future technology.
Photo By Formula E
Photo By Formula E