Nissan to replace Renault in Formula E

Renault, whose e.dams team have been Formula E champions for three years in a row, said in a statement on Wednesday that they would leave at the end of the 2017/18 season next July to focus on Formula One.





"After season four we will focus resources on our aggressive goals for Formula One and we look forward to continuing to gain benefits from motorsport racing across the Alliance with Nissan," said Renault executive Thierry Koskas.

Former Formula One champions Renault have their own works team but are also due to supply McLaren and Red Bull with power units next year.

The French carmaker said it would work with Nissan to ensure a smooth transition.

"To have a name like Nissan coming on board is a momentous day for the series," said Formula E chief executive Alejandro Agag in a separate statement.

"It’s great to see our first Japanese manufacturer entering the frame, showing truly how global the electric revolution is. Japan is a country at the forefront of new technologies with one of the biggest followings of Formula E."

Manufacturers already involved in the electric series include BMW, Audi, Renault, Jaguar, Citroen and India's Mahindra.

Mercedes and Porsche are due to arrive for season six, which is scheduled to start in 2019 and end in 2020.





(Reporting by Alan Baldwin, editing by Nick Mulvenney and Ken Ferris)


Share

2 min read

Published

Source: Reuters



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world