IndyCar team Dragon Racing has become the fourth team to enter the new electric racing series, Formula E.
The team, owned by Jay Penske, will go up against rivals Andretti Autosport from America, UK based Drayson Racing and China Racing.
The new series kicks off in late-2014 and Penske described it as the future of motorsport.
“It’s an honour for Dragon Racing to have been selected as one of the founding teams in Formula E,” he said.
“Formula E symbolises a vision for the future of motorsports and the automotive industry, while directly appealing to a new generation of global race fans.
“Formula E offers a tremendous opportunity for our many technology and media partners, and we look forward to its inevitable growth and ascendancy over the next decade.”
