Formula E and Formula 1 shared the Monaco Grand Prix venue only two weeks apart and while that may have thrilled fans in the principality, Formula E CEO Jamie Reigle still doesn’t see the need for both championships hold events together.
The former CEO of the series and founder, Alejandro Agag, has previously expressed that he wants a merger or shared events between the two single-seater competitions. Regarding those statements, Reigle explained why he believes they should remain different.
“I can’t speak for Alejandro, but what I can say is Formula E is very special. It’s electric, it’s in cities, it has some of the most well-known, strongest manufacturers. So we have some points of differentiation that are really strong, that are hard to replicate,” said the CEO of Formula E.
Reigle also detailed that he has tried to focus the message on the commitment with the cities to achieve the purpose of showing the future of deporta and sustainability.
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For Reigle there is a possibility to race on tracks built for both series, such as in Monaco and Mexico but it is not part of Reigle’s vision for electric competition. “I would not see it as part of a strategy or direction that we are necessarily looking for,” he said.
“My view has always been: If we can develop Formula E in a way that means that it’s really competitive race, it’s a really compelling sporting spectacle, there’s plenty of room for both Formula E and Formula 1,” he added.
Jamie Reigle is aware that Formula 1 so far has a greater number of followers due to its longevity and the moments it has shown in its history, however, he considers that Formula E should not benefit in terms of marketing by sharing platforms and will look for another separate way to continue raising the electric series.
Written by | Gabriel Sayago
