India has taken a step closer to hosting a round of the ABB FIA Formula E World Championship following the signing of a Letter Of Intent (LOI) between the Telangana State and Formula E.
Signed in Hyderabad, the Official Candidate City, the agreement will see Formula E work with City and State officials to examine the viability of hosting a future E-Prix.
Alberto Longo, Formula E Co-founder and Chief Championship Officer, said, “We welcome Hyderabad and the State of Telangana’s interest in hosting a round of the ABB FIA Formula E World Championship. With this Letter Of Intent we can further explore the exciting potential of returning elite motorsport to India. Mahindra Racing has been a part of Formula E since our very first race and I encourage you all to tune in to Star Sports and show your support for the team in the opening rounds of Season 8 on 28 & 29 January.”
As one of the India’s leading renewable energy companies, Greenko, will also partner with Formula E to deliver the event. Headquartered in Hyderabad, the group is committed towards delivering clean and affordable energy to meet the India’s long-term energy needs.
Since its inception seven years ago, Formula E has completed 84 races on the streets of some of the most iconic cities in the world including New York City, Monaco, Berlin, Paris, Beijing and Buenos Aires. As one of the founding teams of the world’s first all-electric street racing series, Mahindra Racing has competed in every round.