Ten teams, running twenty cars, of the FIA Formula E Championship will develop and test their fully-electric vehicles at the British circuit Donington Park before the seasons starts in September 2014 in Beijing. A total investment of £5.7 million will result in a 44,000 sq ft purpose-built facility for the competition, creating 100 hi-tech jobs as well.
Donington Park’s managing director, Christopher Tate, said the teams were due to move on to the site in May when testing will begin. Formula E looked at sites across the world, including Silverstone, in Northamptonshire.
“It could have gone anywhere else in the world,” he said. “Formula E and all its teams committing to this location is a critical leap forward for this wonderful race track and for our region.” Initially, the teams will bring 50 staff, before another 100 jobs will be created.
A £3.65 million loan from the Government’s Growing Places Fund and a £2.05 million investment from circuit owner Kevin Wheatcroft makes it a total £5.7 million investment.
Alejandro Agag, chief executive of Formula E, said: “Our new facilities at Donington Park provide the perfect central location for operating the FIA Formula E Championship.”
Business and energy minister Michael Fallon said: “Formula E’s decision to locate the international teams and its global headquarters at Donington Park is a testimony to the key role the UK plays in the motorsport industry.”