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China Racing announced as second Formula E team

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China Racing Formula E
Chinese team is the second entry officially proposed to the FIA in new global electric Championship
Team formed in 2004 and have competed in A1GP, Superleague Formula and FIA GT1

PARIS - China Racing, announced today at the FIA headquarters in Paris, that “FIA Formula E Team China Racing” is the second team agreed with Formula E Holdings (the promoter) to be officially proposed to the FIA as one of 10 teams taking part in the forthcoming FIA Formula E Championship.

The Chinese team will race in the first season of the zero-emissions Championship in 2014 featuring cars racing on city street circuits powered solely by electricity.

FIA Formula E Team China Racing also aims to be a constructor in its own right and to build their own Chinese electric formula cars within 3 years with support from
Chinese EV manufacturers.

In the inaugural 2014 race, China Racing will use the new Formula E customer car supplied by Formula E Holdings, which is currently being developed by Spark Racing Technology (SRT), McLaren and Dallara.

Throughout 2013, FIA Formula E Team China Racing will work with SRT and Formula E Holdings to test the customer car and promote the Championship globally across the 10 host cities planned for the first season.

Mr. Yu Liu, Chairman of China Racing Formula E Team:
"We are very excited that the FIA is launching an electric car racing series and we are proud to be one of the first Formula E teams. I believe Formula E is a perfect platform for China Racing and our key partners to get involved in the future of motor sport. Our presence in the Championship will encourage millions of Chinese fans to follow the series. We have full confidence in the FIA and FEH to promote Formula E. Our experience in racing event management will contribute to a successful Formula E city race in China showcasing electric formula cars with a futuristic sound and zero-emissions. We also believe this is a good platform for Chinese and global EV companies to do our part to help create a sustainable planet."

Alejandro Agag, Chief Executive Officer of FEH:
“We are delighted to present China Racing Formula E Team to the FIA as one of the 10 teams taking part in the Formula E Championship. China has enormous potential for the expansion of Electric Vehicles as a tool to fight pollution in cities. We think the FIA Formula E Championship can be a powerful tool to make electric cars popular with the Chinese public, particularly the younger generations. Having a Chinese team with us in the Championship will be key to succeeding in that challenge. We also expect Chinese drivers to join the competition, and we look forward to Chinese companies joining our effort to make cities more livable and healthy. The racing track record of China Racing, the first international Chinese racing team, speaks for itself and I am convinced they will be a fantastic addition to the competition.We are very happy to welcome today Chairman Liu and his team to the Formula E family."

Photo: Formula E Holdings

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