Formula E CEO Alejandro Agag predicts his series will be the “main motorsport championship” for manufacturers in two decades time.
On Tuesday, the all-electric category revealed their new-look second-generation car to be raced from season five onwards and from season six, the grid will see the arrival of two German giants in Mercedes and Porsche.
With the ongoing political battle between teams and bosses in F1 right now over the future direction of the sport, many are tipping Formula E to take over as the top motorsport series and Agag believes much of that is due to changing perspectives on both championships.
“F1 is an entertainment proposition, [like] today, horse racing is an entertainment proposition and Formula E will be the main motorsport championship because it is the championship that is connected to the industry,” he told City A.M.
“In 20 years’ time, I don’t see anything bigger than Formula E.”
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Some argue Formula E has already taken the lead from F1 in terms of promotion, with the recent title sponsor deal with AGG and F1 only now considering an online streaming service as well as owners Liberty Media seeing the success of the street circuit, shorter schedule format.
“They are copying many things we do,” Agag smiled. “But it might be a coincidence.”