Porsche has announced that it will enter the Formula E championship for season six, in 2019/20, in favour of its LMP1 project, which it will terminate at the end of 2017.
Porsche returned to the LMP1 category in 2014 and has taken three straight Le Mans wins, alongside 2015/16 titles, a feat it is poised to replicate again this season.
However, it will quit LMP1 at the end of the year in order to focus its resources on Formula E, becoming the latest manufacturer to join the category.
"Entering Formula E and achieving success in this category are the logical outcomes of our Mission E. The growing freedom for in-house technology developments makes Formula E attractive to us”, said Michael Steiner, Member of the Executive Board for Research and Development at Porsche AG.
"Porsche is working with alternative, innovative drive concepts. For us, Formula E is the ultimate competitive environment for driving forward the development of high-performance vehicles in areas such as environmental friendliness, efficiency and sustainability."
Formula E CEO Alejandro Agag added: "I’m delighted to welcome Porsche to the FIA Formula E Championship. If somebody told me when we started this project five years ago, that we’d be announcing a partnership with a brand like Porsche, I wouldn’t have believed it.
"To have a name like Porsche in Formula E, with all it represents in terms of racing and heritage – and in terms of sport cars – is an inflexion point in our quest to change the public perception about electric cars.
"The electric revolution continues, and Formula E remains the championship for that revolution."
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