Formula E CEO Remains Confident About Future Despite McLaren's Exit
Formula E CEO optimistic despite McLaren's impending exit, highlighting opportunities for new entrants and strong manufacturer backing through 2030.
Formula E CEO Jeff Dodds acknowledges McLaren's upcoming withdrawal as "bad news" but remains confident about the team's future under new ownership. McLaren's exit follows their strategic shift toward WEC Hypercar competition from 2027.
Formula E racers competing in motorsport
Key points about the situation:
- The team operates independently from McLaren's F1 operations, based in Bicester
- Currently uses Nissan powertrains
- Team Principal Ian James is actively seeking new ownership
- Potential for non-automotive brands to take over, similar to F1 Academy partnerships
Formula E's current manufacturer landscape:
- 6 manufacturers currently involved
- 5 already committed to GEN4 through 2030
- Major players include Porsche, Jaguar, Nissan, Stellantis Group, and Yamaha
Advantages for new entrants:
- Younger, more diverse fan base than traditional motorsport
- Digital-native audience
- Opportunity for brands to enter on their own terms
- Liberty Global's investment provides long-term stability
Despite automotive industry challenges and previous high-profile exits (Audi, BMW, Mercedes), Formula E maintains strong manufacturer support compared to other racing series:
- IndyCar: 2 manufacturers
- NASCAR: 3 manufacturers
- Formula 1: 4 manufacturers
The championship's focus on attracting non-traditional motorsport brands and its established manufacturer base suggests a stable future despite McLaren's departure. Liberty Global's long-term investment further reinforces the series' sustainability through 2030 and beyond.