The Fédération Internationale de l’Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has today announced a 15 year extension to its partnership with Formula E Holdings Limited (majority owned by Liberty Global) for the continued promotion and exclusivity of the ABB FIA Formula E World Championship (Formula E) within the all-electric single-seater category.
This renewed agreement solidifies Formula E’s bright future at the forefront of international motor sport until at least 2054, providing a powerful platform to accelerate its growth trajectory, attract further investment, scale its global impact and pave the way for sustainable innovation in the wider automotive sector.
The partnership secures Formula E’s exclusivity as the sole all-electric single-seater championship, inhibiting the evolution or start-up of other series becoming all-electric.
Under current plans, Formula E is set to continue its ambitious and phased development strategy for its racing cars, delivering faster top speeds, greater acceleration, enhanced aerodynamics and improved tyre performance to continue producing some of the closest and most competitive racing in world motor sport. By 2054, it is expected that its race cars will be on par with or exceeding the performance of other top tier single-seater categories, while showcasing its increased relevance to consumers and the wider EV market with even greater ‘race to road’ technology transfer.
Mohammed Ben Sulayem, President at the FIA, said: “The contract renewal for the ABB FIA Formula E World Championship is a fantastic outcome for the sport and a clear reflection of our ongoing strategy at the FIA to strengthen commercial partnerships and drive long-term value across all facets of motor sport.
“This milestone reaffirms our commitment to innovation, sustainability, and technological progress, which are all central to the Championship’s unique identity and purpose. It also aligns with our broader goal of increasing global participation and driving more accessible motorsport for all. We are delighted to be continuing this journey with Formula E and I look forward to seeing it grow even further, both on and off the track, in the years to come.”
Mike Fries, CEO at Liberty Global, said: “We’ve believed in Formula E since day one, and this extension reaffirms our confidence in where it’s headed. This is the motorsport of the future – a championship that combines the very latest technology, close-combat racing, and a mission that really matters. “With the FIA’s continued backing, we can now take the next big steps – scaling the sport, growing its global fanbase, and continuing to push the boundaries of what electric racing can achieve. With this new agreement in place, Formula E is now positioned better than ever to define the future of motorsport – more innovative, more inclusive, more sustainable – and to inspire the next generation of fans, drivers, and partners around the world.”
Jeff Dodds, CEO at Formula E, said: “Formula E’s growth since its inception has been nothing short of extraordinary, with hundreds of millions of fans and world-class teams and drivers deciding to choose highly competitive electric racing. This long-term extension of the partnership enables us to continue building the brand, investing in the product and delivering some of the most captivating racing that has made us famous. With only 10 years under our belt, by 2054 and beyond the impact that Formula E will have had on world motorsport will be truly transformational.”
The long-term extension will enable Formula E to build further on this work, providing the FIA World Championship with the long-term vision and support to thrive in the years to come. It opens the door to strategic long-range partnerships and expanded fan engagement.