Mercedes follows Audi and BMW in pulling out of Formula E racing | Top Gear
Advertisement
BBC TopGear
BBC TopGear
Motorsport

Mercedes follows Audi and BMW in pulling out of Formula E racing

Having won the 2021 championship, Mercedes EQ is putting its money elsewhere after 2022

Published: 18 Aug 2021
 comments

A big, wealthy German carmaker is walking away from the pinnacle of electric single-seater motorsport to better spend its budget elsewhere. It’s becoming a horribly familiar tale for Formula E, this.

Both Audi and BMW announced in 2021 they’d be quitting the sport at the end of the current season. Now it's auf Wiedersehen, Mercedes.

Advertisement - Page continues below

Yep, Mercedes EQ – who won the championship at the final round of the season only last weekend – is walking away from FE, leaving Porsche, Jaguar, DS and Nissan as the big-name brands still involved. 

Mercedes’s official statement talks about how the team has done everything it could in the sport: win a race, compete with the best, and win the team championship and the driver’s title with Nick de Vries. 

It now says that budget is better spent on the plan to electrify all its road cars by 2025: “As part of the new strategic direction, the brand has deliberately chosen to shift resources for this accelerated ramp-up of electrification, including the development of three electric-only architectures to be launched in 2025…[and] applying the lessons learned in competition to product development in series.”

Don’t worry, F1 fans: Mercedes has no plans to exit its other single-seater series. “Moving forward, the company will concentrate its works motorsport activities on Formula 1, reinforcing the sport’s status as the fastest laboratory for developing and proving sustainable and scalable future performance technologies.”

Advertisement - Page continues below

Meanwhile, Mercedes hints it may offer the FE team for sale to new owners so it can still be a presence in the sport, while not writing the cheques.

So, is F1 is still a better showcase for brand and tech than Formula E? Discuss…

Top Gear
Newsletter

Get all the latest news, reviews and exclusives, direct to your inbox.

More from Top Gear

Loading
See more on Motorsport

Promoted Content

Subscribe to the Top Gear Newsletter

Get all the latest news, reviews and exclusives, direct to your inbox.

By clicking subscribe, you agree to receive news, promotions and offers by email from Top Gear and BBC Studios. Your information will be used in accordance with our privacy policy.