Mercedes has confirmed it will join the Formula E grid from Season 6 starting in 2019, dropping their long-standing presence in the DTM touring car series to do so.

The German manufacturer and currently three-time defending world champions in Formula 1 had the option to take up an entry in the all-electric series from Season 5 but has decided the delay that by one season.

It marks another major boost for Formula E who will have a total of seven car manufacturers on the grid with Audi, Citroen, Renault, Jaguar, NextEV and BMW alongside Mercedes with Ferrari and Porsche both reportedly interested in a future entry as well.

“Today is a great day as we welcome Mercedes to the Formula E family – adding to the increasing number of manufacturers joining the electric revolution,” series founder and CEO, Alejandro Agag said.

“This shows how much the world is changing, not only in motorsport but the whole automotive industry. We’re witnessing a transformation that will first change our cities, and then our roads.

“Formula E is the championship that embodies that change and together with all our teams and manufacturers we’ll keep pushing for technologies, to have better and more affordable electric cars.

“Mercedes-Benz has been competing in motorsport since the very beginning and in joining this newest chapter of racing history – Formula E – it shows that the vision and concept of the championship is aligned with how manufacturers want to develop electric vehicle technologies and bring these innovations to audiences around the world.”

For Mercedes, the increasing appeal of Formula E and the following it has generated in such a short time was too much to turn down, with replicating their recent F1 success the overall goal.

“Mercedes Benz has announced a strategic repositioning of its motorsport activities: the company will conclude its participation in DTM at the end of 2018 and enter Formula E in the 2019/20 season,” the statement confirming their decision read.

“This new approach will see Mercedes-Benz competing at both ends of the motorsport spectrum: in Formula 1, the pinnacle of motorsport combining high technology and the most demanding competitive challenge; and in Formula E, which embodies the transformation that is underway in the automotive industry.”
 
Mercedes motorsport boss Toto Wolff added: “In motorsport like in every other area, we want to be the benchmark in the premium segment and to explore innovative new projects. The combination of Formula 1 and Formula E delivers that.

“Formula E is like an exciting start-up venture: it offers a brand new format, combining racing with a strong event character, in order to promote current and future technologies. Electrification is happening in the road car world and Formula E offers manufacturers an interesting platform to bring this technology to a new audience – and to do so with a completely new kind of racing, different to any other series.

“I am pleased that we were able to extend our entry option for one year to the 2019/20 season. This gives us time to properly understand the series and to prepare for our entry in the right way.”

 
Though Mercedes will end their long-standing partnership with DTM to focus on Formula E, some will also ponder what this decision will mean for the future of the F1 team, particularly after pundit Eddie Jordan predicted back laast month they could leave as a works team in just a few years time.
 
Wolff would shrug this off as ‘fake news’ but given F1 is currently in the process of negotiating the engine they will use post-2020, though some manufacturers have also expressed interest in rejoining the sport, managing director Ross Brawn and other F1 bosses are under pressure with Formula E quickly becoming the preferred choice for the car industry.
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