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Dragon Racing Joins Formula E Championship

California-based team Dragon Racing has signed an agreement with Formula E Holdings to become the fourth team to enter the FIA Formula E Championship – the new fully-electric racing series scheduled to debut in 2014.
Dragon Racing Formula E car 1 photo
Photo: Dragon Racing
Dragon Racing, which is owned by Jay Penske - the youngest son of legendary Roger Penske - is also the second IndyCar Series team to join Formula E after Andretti Autosport. Drayson Racing and China Racing are the other team that have submitted applications to join the competition, while six more spots are waiting to be filled.

“It’s an honour for Dragon Racing to have been selected as one of the founding teams in Formula E,” said Jay Penske, owner and president of Dragon Racing. “Formula E symbolizes a vision for the future of motorsports and the automotive industry, while directly appealing to a new generation of global race fans. Formula E offers a tremendous opportunity for our many technology and media partners, and we look forward to its inevitable growth and ascendancy over the next decade.”

“We’re extremely happy to welcome Dragon Racing to the FIA Formula E Championship and are convinced that Jay Penske and the team will be a major contribution to our grid. Today’s announcement also brings an LA based team to the Championship. That has special significance as California has become the ‘land of electric cars’, an example that we want to spread to the rest of the world,” said Alejandro Agag, CEO of Formula E Holdings.
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About the author: Ciprian Florea
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Ask Ciprian about cars and he'll reveal an obsession with classics and an annoyance with modern design cues. Read his articles and you'll understand why his ideal SUV is the 1969 Chevrolet K5 Blazer.
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