Mercedes will leave Formula E after 2022

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Formula E Champion Mercedes will withdraw from the All-Electric Series at the end of the Gen2 era in 2022 and focus on Formula One, automakers said Wednesday.

The announcement came three days after Dutch driver Nyck de Vries finished eighth in the final round of the season in Berlin and won the Formula E World Championship title, with Mercedes also third in Stoffel Vandoorne. Following that, he won the title of the team.

“Mercedes-Benz today announced that it will end the success story of ABBFIA Formula E as a team participant and manufacturer at the end of Season 8 of August 2022,” the manufacturer said. statement..

“From now on, the company will focus its motorsport activities on Formula 1 and strengthen its status as the fastest lab to develop and prove sustainable and scalable future performance technologies.”

In December, German manufacturers Audi and BMW confirmed that they would end Formula E at the end of the year.

Mercedes announced a brand new strategic direction in July with the aim of being fully electrified by the end of the decade.

“As part of a new strategic direction, the brand intends to shift resources for this accelerated electrification ramp-up, including the development of three electricity-only architectures to be launched in 2025. I chose, “said the automaker.

“Therefore, Mercedes will move away from the ABB FIA Formula E World Championship program and reallocate resources towards applying the lessons learned in competition to a range of product developments.”

By Hritika Sharma

Reuters

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