Mercedes-Benz announces option to enter Formula E

Mercedes-Benz has signed an option to enter Formula E for 2018/2019, securing one of two new entries for the all-electric racing championship’s fifth series.

Although not an official entry, the agreement to secure one of only two possible new slots indicates Mercedes-Benz is taking the continued growth of Formula E very seriously.

The Germany company would be joining Audi, Jaguar, Renault, DS and Mahindra as manufacturer teams in the sport, with BMW and Chinese companies NextEV and Faraday Future also having close ties with teams in the series.

Toto Wolff, Head of Mercedes-Benz Motorsport, 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 five.

“Electrification will play a major role in the future of the automotive industry – racing has always been a technology R&D platform for the motor industry, and this will make Formula E very relevant in the future.”

Alejandro Agag, CEO of Formula E, said: “We are delighted to confirm that we have reserved one of our two new entries in season five for Mercedes GP.

“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 a brand like Mercedes in our championship in the future would be a major boost to achieve that objective.” 

The third season of Formula E kicks off this weekend in Hong Kong, with the ten-round championship visiting Marrakech, Buenos Aires, Mexico City, Monaco, Paris, Berlin and Brussels, before concluding with two North American rounds in New York and Montreal in July 2017.