DiCaprio and Venturi complete Formula E grid

The Formula E grid has been completed with the addition of a tenth and final team for the inaugural season which kicks off in late-2014.

Venturi Grand Prix, a partnerhsip between actor Leonardo DiCaprio and Venturi Automobiles, joins Drayson Racing, Andretti Autosport, Dragon Racing, China Racing, E-Dams, Super Aguri, Audi Sport ABT, Mahindra Racing, and Virgin Racing.

The team will be based in Monaco and will be put forward to the FIA for approval.

Speaking at the launch, Oscar-winning actor DiCaprio said: “The future of our planet depends on our ability to embrace fuel-efficient, clean-energy vehicles.

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“Venturi Grand Prix has shown tremendous foresight in their decision to create an environmentally friendly racing team, and I am happy to be a part of this effort.”

The team is centred around the award-winning Venturi Automobiles, a leader in high performance electric vehicles developing a range of sports, urban and utilitarian cars, as well as being the current holders of the world land speed record for an electric vehicle with 495kph (307mph).

The team also plans to become a constructor from the second season, building its own Formula E car using a powertrain based on the one used in its 3,000hp electric streamliner – Venturi VBB-3 – unveiled earlier this year in Wendover, Utah, by H.S.H. Prince Albert II of Monaco.