Formula E partners with Swiss technology giant to 'write the future'

2018-01-10 - CNN article by Henry Young and Nicki Shields - January 9, 2018
The rush to be a part of the all-electric street racing series that's "writing the future" goes on.

Just four years into its development, Formula E has announced a "groundbreaking" multi-year partnership with Swiss industrial technology giant ABB.

The annual motorsport series will be renamed the "ABB FIA Formula E Championship" -- the first time an FIA-sanctioned single-seater championship has had a title sponsor.

As the third E-Prix of 2017/18 approaches in Marrakesh, Morocco, Formula E chief executive Alejandro Agag called it "an historic day" for the series he founded in 2014.

"This is probably the biggest announcement that Formula E has made ever," Agag told CNN Sport during an announcement at the Saatchi Gallery in London Tuesday.

"We share the same goals. ABB is a company that is focusing on new technologies that are going to transform mobility in the world, and that's what we want to do."

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