“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.