Jay Penske’s Dragon Racing has signed on as the fourth of the ten teams to take part in the electric-only FIA Formula E Championship series. The team, based out of Los Angeles, follows Andretti Autosport as the second IndyCar team to add itself to the roster.
At the Frankfurt Motor Show, FIA President Jean Todt and Alejandro Agag, CEO of Formula E Holdings, have unveiled the Spark-Renault SRT_01E all-electric open-wheel racecar slated to compete in the new Formula E Championship.
Formula E, the first fully-electric car race series, is coming next year, and it will be televised on Fox Sports. The FIA championship series will feature open-wheel, zero-emissions electric cars. Formula E cars are capable of speeds over 135 miles per hour.