Mercedes has officially announced that it will pull out of Formula E after the 2021/2022 season, saying it wants Formula 1 focus on electrical mobility within Formula 1 , but the German manufacturer still wants to keep the door open for its FE team to continue without it.
After conversations Formula E Zone had with Ian James back in November 2020, it was clear that there was some uncertainty over the future of the silver arrows in Formula E. That uncertainty was confirmed when Toto Wolff hinted that a decision had been made on Mercedes future in the all-electric series, and that hint was they were leaving after they have completed their third year in the series.
Mercedes wrapped up both drivers’ and teams’ championships in Berlin, with Nyck de Vries claiming the drivers’ championship. However, with Formula 1 upping its electric investment in future powertrains. The silver arrows have decide to focus their attention solely on F1 for their motorsport venture.
Markus Schäfer, Member of the Board of Management of Daimler AG and Mercedes-Benz said, “At Mercedes-Benz, we have committed ourselves to fighting climate change at full force in this decade,” said Schafer. “This demands the accelerated transformation of our company, products and services towards an emission-free and software-driven future, and to achieve this, we must give full focus to our core activities.
“In motorsport, Formula E has been a good driver for proving our expertise and establishing our Mercedes-EQ brand, but in future we will keep pushing technological progress – especially on the electric drive side – focusing on Formula 1.
Ian James, Team Principal of the Mercedes-EQ Formula E Team is disappointed to see Mercedes leave the team, but is hopeful that its Formula e entry will remain, but the team will run under a different name.