Simply put, Formula E offers partners more than an association with a new Formula circuit.
FORBES: Could Formula Racing Really Go Electric? We're About To Find Out
With Formula E, Agag believes he can beat the racing world to the turn.
FORBES: Could Formula Racing Really Go Electric? We're About To Find Out
It has been working to encourage other car designers and constructors to build a Formula E car.
ENGADGET: Rome to bring Formula E to Europe, joins a growing eco-racing scene
Alejandro Agag, chief executive of Formula E Holdings, said it was currently working on "the feasibility and design of the street circuits".
Rome becomes the second city in the world to welcome the FIA Formula E Championship following Rio di Janeiro's announcement in August this year.
ENGADGET: Rome to bring Formula E to Europe, joins a growing eco-racing scene
London has been selected to host a race in the debut Formula E series, which will see electric cars race around major world cities.
The plan for Formula E's inaugural season is to have 10 teams and 20 drivers, with the possibility of adding more teams in future.
Formula E Holdings has signed an agreement with the FIA to promote the new Formula E Championship, featuring Formula E cars powered exclusively by electric energy.
ENGADGET: Rome to bring Formula E to Europe, joins a growing eco-racing scene
Clean urban mobility and sustainability are a priority for our Championship, and Formula E wants to become a showcase for these advances through an entertaining and all-inclusive spectacle.
ENGADGET: Rome to bring Formula E to Europe, joins a growing eco-racing scene
Barbaroux is also the founder and president of French manufacturer Formulec, which has produced the EF01 prototype car that is the base model for future Formula E cars.
FORBES: Could Formula Racing Really Go Electric? We're About To Find Out
The Formula E cars will be capable of speeds over 200 kilometers an hour, and rather than substituting tire at a pit stop, the driver will change cars instead.
In November, McLaren announced it would design and build the powertrain for the first Formula E cars in consortium with Spark Racing Technology (SRT), a new company led by Frederic Vasseur.
ENGADGET: Rome to bring Formula E to Europe, joins a growing eco-racing scene
Formula E has declared itself as an 'open' championship.
ENGADGET: Rome to bring Formula E to Europe, joins a growing eco-racing scene
Until they can develop a strong enough battery, a process he predicts will take three to five years, Formula E drivers will simply switch cars during pit stops so the depleted battery can be recharged.
FORBES: Could Formula Racing Really Go Electric? We're About To Find Out
In an innovative twist on the traditional e-commerce formula, Light in the Box leverages those Chinese factories to churn out lower-cost private label products made precisely to customer specifications.
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