Formula E will see its grid expand in Season Five as HWA joins the all-electric championship as the series' 11th team.
HWA, which is best known for its involvement in the DTM series, entered a partnership with Venturi ahead of the start of Season Four while this relationship is set to expand in Season Five where the Monegasque squad will provide the team with powertrains.
HWA's entry comes ahead of Mercedes' scheduled arrival in the series in Season Six – with the operation having been closely associated with the German marque.
"Formula E is a completely new motorsport discipline with extremely tough competition. It’s a challenge that we’re very happy to rise to," said Ulrich Fritz, CEO of HWA AG.
"HWA AG are the most successful team ever in DTM history. Our goal is to continue the company’s success story in Formula E. At the same time, Formula E with its unique concept offers a completely new perspective on the future for motorsport.
"The series is characterised by its innovative pioneering spirit and by its willingness to develop new ways of interacting with the fans.
"The street races in the heart of some of the world’s largest and most important cities open-up many opportunities to appeal to an entirely new audience and to get them fired up for racing and for sustainable technologies of the future.
"In combination with the fierce competition on the racetrack, this is the perfect platform to demonstrate our core competencies on a global stage and to measure ourselves against the best teams.”
Formula E's full Season Five entry list will be published by the FIA soon, ahead of the introduction of the all-new Gen2 car which features a longer lasting battery, more power, higher speeds and more aggressive aerodynamics.
“Not only does Formula E have a new-look and unique visual identity for season five, with the futuristic next generation car – but we also have exciting news with a new team entering the ABB FIA Formula E Championship in HWA AG," said Formula E founder and CEO, Alejandro Agag.
"It’s rewarding to see a name so synonymous with racing join the already impressive and growing list of teams and manufacturers competing in Formula E.
"They have a proven track record in other categories and will surely push to replicate similar achievements in Formula E as we enter a new era of fully-electric racing.
"I’m glad to welcome Ulrich and HWA AG to the Formula E family. I’m eager to see them hit the track as a customer team later this year,” he added.
After eight rounds of the 2017/18 season, Venturi sit in seventh place in the Teams' Championship, taking a best result of second place at the second round of the season in Hong Kong, courtesy of Edoardo Mortara.
"I’m delighted to contribute to HWA AG’s arrival as a Formula E team, by providing them our Venturi Gen2 cars for next season," said Gildo Pastor, President of Venturi Automobiles.
"Our partnership over the current season is a win for both organisations. I have no doubt that the experience of Venturi Automobiles in high-performance electric vehicles will be a valuable asset for HWA AG, who will be keen to add to an already impressive record.”
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