21 March 2017, Donington Park: Mahindra Racing has today been named on a select list of manufacturers for season five of the FIA Formula E Championship.
The news reaffirms Mahindra’s commitment to the international electric racing series until at least 2021.
Mahindra Racing has been involved in the Championship since its inaugural season started in 2014, and has since developed into one of the series’ front-running teams.
Today's announcement allows Mahindra Racing to continue its impressive rate of development, with the team's Season 4 challenger M4Electro for season four making its debut in Spain earlier this week.
Dilbagh Gill, Team Principal, Mahindra Racing said, "I am delighted that Mahindra Racing is confirmed as a manufacturer for seasons five to seven in the next generation Formula E cars. The series is going from strength to strength with the addition of new manufacturers, new technologies and new fans. We feel that the experience we have gained from the very earliest days of the series will allow us to compete among the front runners as we get more scope to incorporate our knowledge and technology. While the passioneers of Mahindra Racing are looking forward to taking to the grid for Season Five, we are focused on maximising our impact in Season Three as well as, just yesterday, taking our first steps with our new M4Electro ahead of Season Four."
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About Mahindra Racing
Mahindra Racing is one of ten teams – and the only Indian team – to compete in the FIA Formula E Championship. It is also the first and only Indian team to participate in the FIM MotoGP™ World Motorcycle Racing Championship Series since 2011 and the Italian National Motorcycle Racing Championship (CIV) in 2012.
Mahindra Racing enters the third season of Formula E with its own electric powertrain to power its quartet of electric racing cars. The new M3Electro, launched for season three, is already proving to be a competitive package netting two podiums, a pole position and fastest lap award from its first two races. These results are underscored by the Mahindra Racing’s joint second place in the Teams’ Championship standings. Together with drivers Felix Rosenqvist and Nick Heidfeld, the team has high technical and sporting ambitions in the ground-breaking, fully-electric championship.
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The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.
A USD 17.8 billion multinational group based in Mumbai, India, Mahindra provides employment opportunities to over 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.
In 2015, Mahindra & Mahindra was recognized as the Best Company for CSR in India in a study by the Economic Times. In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world’s largest, most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra Group also received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category in 2013.
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