Rio de Janeiro|24 Aug, 2012

Rio becomes first city to welcome the FIA Formula E Championship

The Brazilian city of Rio de Janeiro has today (August, 24th) become the first city to confirm it will host the new FIA Formula E Championship in 2014. The deal was signed during a meeting at the City Hall with Mayor Eduardo Paes, President of the Federation Internationale de Automobile (FIA) Jean Todt, Formula E Holdings CEO Alejandro Agag, FEH anchor investor Enrique Bañuelos and Governor of the State Sergio Cabral.

The representatives of Formula E Holdings proposed to the Mayor and the Governor that the city of Rio become host of a Formula E Electric Grand Prix from 2014. Both the Mayor and the Governor enthusiastically welcomed the idea with Rio having a long commitment to sustainability, having hosted the Rio+20 UN Conference on Sustainable Development only weeks ago.

The Mayor of Rio declared the proposed urban track designed to be near the Gloria Marina as "spectacular".

Alejandro Agag added: "We are very thankful to the Rio authorities, its Mayor, Mr. Eduardo Paes, and its Governor, Mr. Sergio Cabral, for the enthusiastic welcome they have given to our Championship. The sustainable and clean energy aspects of our project were immediately highlighted by them, as values very much in line with the Rio de Janeiro of the future. We look very much forward to race in this amazing city in 2014."

Formula E Holdings has signed an agreement with the FIA to promote the new Formula E Championship, featuring Formula cars powered exclusively by electric energy.

Lucas di Grassi, official development driver of the Formula E car also attended the meeting.