FIA to licence out Formula E

The FIA has agreed to licence out the commercial rights of the Formula E electric championship it aims to launch in 2014. A consortium of international investors, among them Addax team owner Alejandro Agag and Drayson Racing managing partner Lord Drayson, will take charge of the series' commercial rights after reaching an agreement with the FIA. The series will feature cars powered exclusively by electric energy, and will have an almost open rulebook - the main stipulation being a maximum battery weight of 300kg.

Source: http://www.iracing.com/inracingnews/real-world-racing/3rdparty/fia-to-licence-out-formula-e

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