With decades of experience across Formula 1, Formula E and other international racing series, over the years Wright has held senior roles with several teams in the paddock, including Mahindra Racing and Andretti Formula E.
Speaking on the news, Wright said: “I am excited to join Fortescue Zero at a significant moment in the company’s motorsport and technology journey. Fortescue Zero has a clear ambition to compete at the highest level, while also using motorsport to accelerate real-world technology.
“Formula E is one of the most competitive and technically demanding championships in the world. Building a new team for the next generation of Formula E is a major challenge and exactly the kind of opportunity that motivates me.”
There is little doubt that Wright will bring significant expertise and experience to the Fortescue squad, who will make history as the first Australian-owned outfit to race in the all-electric championship when they join the grid for the upcoming 2026/27 season - subject to FEO and FIA approval.
To set the groundwork for this exciting new chapter, Fortescue has acquired the Penske Formula E operation and will compete with a Jaguar GEN4 powertrain.
Capable of reaching speeds in excess of 335kph, 0-100kph in approximately 1.8 seconds, and 0-200kph in just 4.4 seconds - 1.5 seconds faster than its predecessor - GEN4 will deliver 50% more power in race mode than the current GEN3 Evo race car. The GEN4 car will be an average of 10 seconds faster per lap than the GEN3 car in qualifying mode. In ATTACK MODE, GEN4 produces up to 600kW of power, a 71% increase in base output over GEN3 Evo, delivering performance that pushes the limits of electric racing. GEN4 is the only single-seater race car with permanent all-wheel drive.
The 2026/27 Formula E season will commence in Jeddah, Saudi Arabia, on December 18 & 19.
Find out more
GEN4: A new era of Formula E is about to begin
WATCH: How to watch every Formula E race in your country
CALENDAR: Here's every race set for the 2026/27 Formula E season
TICKETS: Secure your grandstand seats and buy Formula E race tickets
