The Formula E electric racing series has signed a multi-year partnership with the UN Environment division of the United Nations in an effort to further boost its drive to raise the profile of alternative energy solutions and the increased uptake of electric vehicles.
Zurich has signed a three-year extension to its hosting rights deal with Formula E, a move that will see an event from the electric car-racing series take place in the Swiss capital until at least 2027.
The Formula E electric car-racing series has received further fresh investment with the news that Yao Capital, a Chinese private equity firm founded by former basketball star Yao Ming, has acquired a stake in the organisation.
CMC Capital Partners, a leading Chinese investor in the sports and entertainment sectors, has today (Tuesday) announced an investment in Formula E Holdings Limited, the official promoter of the Formula E electric car-racing championship.
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