Formula E, also known as the ABB Formula E World Series, is an international electric car racing series. The series was founded in 2021 at the Paris Motor Show by Frenchman Jean Todt, who is the president of Formula E Holding. Formula E is intended to have a zero-emission car racing championship, which means that there will not be any combustion involved in the entire process. In fact, no fuel is used in the cars or the Formula E race series. There are two series – the Formula E Championship series and the Formula Renault Touring Series – and both feature different races and different class sizes.
This means that the first season of Formula E had just one class, the Formula Renault, and ten teams took part in the championship. Two more series were added in the second season, the Formula Three Championship series and the Formula Four Asia Series. As you would expect, there are many teams racing in this first season, and the drivers have only been given a place on their seats for twenty-six days!
In spite of this incredibly fast-paced nature of the Formula E race series, many cities have seen increased growth in tourism and business opportunities as a result of the series. One of the first cities to benefit was Tokyo, which saw a large influx of tourists and visitors due to the grand prix in October. Many tourists came to take in the races and soak up some of the action, but others stayed in the city centers and enjoyed all the sights, including some high-grade shopping. With such growth in cities around the world, there is no doubt that Formula E will continue to grow into a truly global sport, particularly with cities like Tokyo and London taking on greater prominence as hosts for future Formula E events. Not only are we seeing increased exposure and participation in races by the series’ drivers and teams, but we’re also beginning to see the evolution of Formula E into a truly global sport.