Ferrari has an 'open invitation' to join electric motor racing, Formula E chief says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

The Italian luxury car brand is set to unleash its debut range of hybrid supercar models by the end of 2019, prompting speculation that it might decide to showcase its electric technology on the race track.

The boss of Formula E, the electric-powered racing series that first launched in 2014, told CNBC that he would be open to the idea of adding a Ferrari car to its start line."I would love Ferrari to come, especially with Porsche and all the others here, it would be a great fight. You know let's see. It's an open invitation," Formula E Chairman Alejandro Agag said to CNBC last week.

Manufacturers have been using Formula E to showcase their green credentials and team overheads are reportedly far cheaper than in Formula One. Races are generally more competitive as well with a greater spread of winning drivers. But there is a speed cost for motor sport fans with Formula E cars being around 25% slower than their non-green rivals.

"Obviously I would welcome Bernie as an investor anytime, but we're not there yet," said Agag."I think in general there can be very rapid growth in front of Formula E, but also simply because we are a lot smaller. So we have a lot more room to grow, because Formula One is bigger." "We can adopt crazy ideas that other sports can't, because they have all this past heritage. We can risk fumbles." explained Agag.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ferrari said they will never ever make an electric car

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chevy's marketing chief explains how the automaker is playing the long game with electric cars'Chevy's presence in EVs will not be going away,' Steve Majoros, Chevy's marketing chief, said in an interview with Business Insider.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Germany is opening its first electric highway for trucksGermany has opened its first e-highway, where hybrid trucks connect to overhead power lines while driving underneath You didn’t know it was trumps idea?! 😂😂😂 Great climate change innovative scheme There was another school shooting with 8 innocent children shot , and you are not covering it 😠
Source: CNN - 🏆 4. / 95 Read more »

Trump says GM will sell Lordstown, Ohio plant to Workhorse for electric truck productionTrump says Chinese negotiators 'just informed' the White House they are 'coming to the U.S. to make a deal' on trade. So he will do all he can to help ELECTRIC vehicles succeed? tsla MAGA ... POTUS on fire!!! And he supports electric trucks and cars. Wow RepTimRyan looks like the President is actually looking out for your constituents. Saved a lot of jobs!
Source: CNBC - 🏆 12. / 72 Read more »