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(Motorsport-Total.com) – Alejandro Agag, President of Formula E, assumes that sooner or later his electric racing series will almost inevitably replace Formula 1 or at least merge with it. The Spanish revealed this in an interview with the ‘Current Affairs’ podcast of our sister platform ‘Autosport’.
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Series managers including: Alejandro Agag (Formula E) and Chase Carey (Formula 1) Zoom
Agag does not dare to say that his Formula E will eventually become one of the main motorsports classes. But due to the electrical orientation of the future of the auto industry, he assumes that sooner or later there will be no way to avoid his model.
“I have been saying for a long time that Formula E will be the sport that represents the industry,” says Agag. In his opinion, Formula 1 has “three options” in the long term. First: a merger of Formula 1 and Formula E. “It doesn’t happen right now,” he emphasizes. “Maybe in a few years. Formula 1 would be purely electric.”
“Perhaps,” he continues, secondly, “Formula 1 also decides to stick with the combustion engine, and doesn’t mind the connection to the auto industry. That’s also an option. Horse racing has nothing to do with either. the automotive industry, but there are still horse races. Formula 1 would be a sport with no connection to the industry. “
Because, according to Agag’s thesis, motorsports is only of interest to Daimler, FIAT, Honda, Renault & Co. if a connection to series production can be established. The approach of marketing Formula 1 for entertainment and continuing to drive with internal combustion engines is allowed, although people have long driven electric cars. But factories would not support that.
Agag definitely sees himself sitting on the longest branch, because he alone is licensed for a global series of electrically operated FIA formulas. Therefore, the third option would be: “Formula 1 waits until 2039 and secures the license for an electrically operated single-seater championship that we have until then. These are the three options.”
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The businessman, who once entered international motor sport with close ties to Flavio Briatore, is striving to reach an agreement with the current main class: “The first option is a merger or an agreement between us, something in the direction. That’s for sure the first option, and the one I’d prefer. “
If such a merger were to take place, presumably a lucrative business for Formula E, which holds the valuable license, it would not be available as series manager. For him, Agag emphasizes, with his new project Extreme E, topics such as “climate change and gender equality” take priority. The role as head of Formula 1 / E is “absolutely impossible”.
