Renault today confirmed it will exit Formula E at the end of Season 4 in order to be fully committed to its Formula 1 project. Nissan has announced to enter de electric racing series and will take the place from Renault.
“We had an incredible championship run during our first three years in Formula E and look forward to a competitive fourth season with the benefit of a very stable environment at Renault e.dams,” said Thierry Koskas, Groupe Renault EVP sales & marketing. “As a pioneer in EV, we have learned a tremendous amount about high-performance electric vehicles and energy management that directly benefits our EV customers. After Season 4 we will focus resources on our aggressive goals for Formula 1 and we look forward to continuing to gain benefits from motorsport racing across the Alliance with Nissan.”
As of mid-2017, Renault-Nissan-Mitsubishi made up the world’s largest automotive alliance. The alliance’s goal is to accelerate collaboration between Renault, Nissan and Mitsubishi Motors with regard to common platforms, powertrains, and new electric, autonomous and connected vehicle-related technologies.
“Across the Alliance, our engineering teams will be able to share performance data that benefits all brands. Diversifying our racing strategy while still benefiting from the experience we gain from our motorsport programs, is one of the resource multipliers of being part of the Alliance,” added Koskas.
Renault and Nissan will work together to ensure a smooth transition, leveraging the expertise and development already available.