Formula E joins forces with Extreme E on shared mission to counteract climate change

Formula E has today announced that it has become a minority shareholder in Extreme E – the radical new off-road motorsport championship which will see electric SUVs competing in remote ecosystems around the world. United in their founding purpose to counteract climate change by accelerating the adoption of electric vehicles, Formula E and Extreme E have a natural strategic alliance which has been formalised by Formula E’s investment. With Formula E’s minority investment comes a seat on the Extreme E Board of Directors which will be held by Formula E CEO Jamie Reigle. Jamie Reigle, Chief Executive Officer of Formula E; Board Member of Extreme E, said: “Formula E and Extreme E stand out as sports founded with purpose.

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