Carlos Tavares, CEO of Stellantis, is rightly regarded as one of the most authoritative figures in the global automotive industry. Stellantis is betting on the development of electric vehicle production, so they are investing in Formula E as this championship is the most promising.
At the same time, Tavares is sure that in the future the demands of society will change in such a way that Formula 1 in its current form will not be able to exist, and the organizers of this championship, together with the FIA, will somehow negotiate with Formula E and look for new forms of living together.
“As you can see, the big automakers have already gotten into Formula E wherever they try to compete. I believe Formula E has great potential for development and growth,” quotes Tavares’s edition of The Race as saying – And this means that in the future there will come a time when you have to choose between Formula 1 and Formula E, does it make sense? Over time, the question will remain that way.
I also believe that one day Formula 1 will no longer be allowed to use combustion engines – simply because society finds that unacceptable.
The pressure from society will be so great that one day F1 will have to abandon the technology associated with the use of combustion engines, and then Formula E and Formula 1 will have to negotiate with the FIA to move in the right direction. to find.
Formula E is now evolving and from a societal point of view the biggest growth potential is of course the electric championship as there is a global warming problem that needs to be addressed.
We have therefore decided that two brands of Stellantis, Maserati and DS Automobiles, will participate in this race category.”
The company plans to invest a minimum of EUR 30 billion until 2025 in the development and production of electric vehicles and the development of related technologies.
In this case, Formula E is deemed to have the exclusive right to host the World Electric Car Racing Championship for 25 years, i.e. until 2039.
It is also known that Formula E president Alejandro Agag and Stefano Domenicali, Formula 1 president and CEO, have met several times in recent months and discussed the prospects for the development of world motorsport.
It is worth noting that the shareholder of both series is the American company Liberty Media, although they have different ownership structures.
Source: F1 News
I’m Todderic Kirkman, a journalist and author for athletistic. I specialize in covering all news related to sports, ranging from basketball to football and everything in between. With over 10 years of experience in the industry, I have become an invaluable asset to my team. My ambition is to bring the most up-to-date information on sports topics around the world.
