The Mercedes Formula E team of McLaren take charge

The deal between McLaren and Mercedes is expected to be completed later this year.

By: HT Auto Desk
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Updated on:
14 May 2022, 05:29 PM


File photo is for representational purpose only. (REUTERS)

McLaren said Saturday that it will take on the Mercedes Formula E Team and the All-Electric World Championship when it launches a new ‘Gen3’ era in its ninth season next year. The city-based series of Mercedes won two championships last year but the brand already had its departure focus on Formula One.

According to a Reuters report, McLaren had signed an option in January last year and since then has assessed whether to include Formula E to a portfolio that includes Formula One, Indy Car, the electric off-road Extreme E Championship and esports. McLaren Racing chief executive Zak Brown said, “Formula E is the center at racing but it is strategically, commercially and technically additive to McLaren Racing overall.” The team has a Mercedes built and merged to make it a fully-fledged part of the McLaren Racing family.

(Also read | Formula E all-electric Gen3 race car, with top speed of 322+ kph, breaks cover)

The deal between McLaren and Mercedes is expected to be completed later this year when Mercedes principal Ian James will continue his role as a team in 2019. “I firmly believe that Formula E will give McLaren Racing a competitive advantage through more understanding McLaren Racing is part of the McLaren Group, which includes a supercar manufacturer and a major chunk of which is owned by Bahrain’s sovereign wealth fund Mumtalakat.

(Also read | Maserati to enter Formula E electric championship in 2023)

Auto companies namely Nissan, Jaguar, Porsche, Mahindra, Stellantis-owned DS and Maserati and China’s Nio have signed up for the 2023 season with a $ 13 million cost cap.

First Published Date: 14 May 2022, 05:29 PM IST

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